Quick charity verification for Maine Coast Skaters Association (EIN: 10543103)
Verdict: Maine Coast Skaters Association appears trustworthy
92/100Mission Score
$96KRevenue
$23KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation across all filings, indicating volunteer leadership.
No reported liabilities in any filing period, demonstrating strong financial management.
Positive net income in recent years (202006-202306), showing financial sustainability.
Growing asset base from $9,785 in 202006 to $32,102 in 202306.
Consistent filing of IRS Form 990s over 13 periods, indicating transparency.
Spending Breakdown
How Maine Coast Skaters Association allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Maine Coast Skaters Association
Is Maine Coast Skaters Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Coast Skaters Association (EIN: 10543103) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Maine Coast Skaters Association a good charity to donate to?
Maine Coast Skaters Association has a Mission Score of 92/100. Revenue: $96K. Assets: $23K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine Coast Skaters Association?
The Employer Identification Number (EIN) for Maine Coast Skaters Association is 10543103. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Maine Coast Skaters Association spend its money?
Maine Coast Skaters Association allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maine Coast Skaters Association's tax-exempt status?
You can verify Maine Coast Skaters Association's tax-exempt status using EIN 10543103 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Maine Coast Skaters Association demonstrates consistent financial stability with revenues generally exceeding expenses over the past several years, as seen in the 202306 period where revenue was $87,989 against expenses of $77,168. The organization maintains a healthy financial position with no reported liabilities across all available filings, indicating strong fiscal management and a lack of debt. Their asset base has shown growth, increasing from $14,685 in 202106 to $32,102 in 202306, suggesting prudent accumulation of resources.
The organization's spending efficiency appears high, particularly given the consistent reporting of 0% officer compensation, which implies that administrative costs are kept very low and resources are primarily directed towards their mission. While specific breakdowns of program, administrative, and fundraising expenses are not explicitly detailed in the provided summary, the absence of officer compensation is a strong indicator of efficient resource allocation. The consistent filing of IRS Form 990s over 13 periods also points to a commitment to transparency.
Overall, Maine Coast Skaters Association exhibits sound financial health, efficient operations, and a transparent approach to its financial reporting. The consistent positive net income in recent years and the absence of liabilities are strong indicators of a well-managed nonprofit.