Is Maine College Of Health Professions Legit?

Quick charity verification for Maine College Of Health Professions (EIN: 10356077)

Verdict: Maine College Of Health Professions appears trustworthy

95/100Mission Score
$8.3MRevenue
$17.6MAssets
1Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How Maine College Of Health Professions 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 College Of Health Professions

Is Maine College Of Health Professions a legitimate charity?

Based on AI analysis of IRS 990 filings, Maine College Of Health Professions (EIN: 10356077) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

Is Maine College Of Health Professions a good charity to donate to?

Maine College Of Health Professions has a Mission Score of 95/100. Revenue: $8.3M. Assets: $17.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Maine College Of Health Professions?

The Employer Identification Number (EIN) for Maine College Of Health Professions is 10356077. 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 College Of Health Professions spend its money?

Maine College Of Health Professions allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Maine College Of Health Professions's tax-exempt status?

You can verify Maine College Of Health Professions's tax-exempt status using EIN 10356077 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 College Of Health Professions demonstrates a strong and improving financial position. In the latest filing (202306), the organization reported revenue of $9,930,190 against expenses of $4,602,969, indicating a significant surplus that contributed to a substantial increase in assets to $16,722,913. This represents a healthy growth trajectory, especially when compared to previous years, such as 202206 where revenue was $5,250,072 and expenses were $4,676,211. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing resources towards its mission rather than executive pay, enhancing its transparency and public trust. The organization's assets have shown consistent growth, nearly doubling from $8,546,985 in 202206 to $16,722,913 in 202306, indicating effective financial management and accumulation of resources for future programs.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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