Quick charity verification for Maine Genealogical Society (EIN: 10349013)
Verdict: Maine Genealogical Society appears trustworthy
95/100Mission Score
$68KRevenue
$208KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Steady growth in assets, from $160,202 in 2019 to $199,741 in 2023, demonstrating financial stability.
Positive net revenue in recent years (e.g., $57,105 revenue vs. $51,795 expenses in 2023), contributing to asset growth.
Very low liabilities across all filing periods (e.g., $80 in 2023), indicating sound financial management.
Consistent filing of IRS Form 990s over 13 periods, showing strong commitment to transparency.
Spending Breakdown
How Maine Genealogical Society allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Genealogical Society
Is Maine Genealogical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Genealogical Society (EIN: 10349013) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Maine Genealogical Society a good charity to donate to?
Maine Genealogical Society has a Mission Score of 95/100. Revenue: $68K. Assets: $208K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine Genealogical Society?
The Employer Identification Number (EIN) for Maine Genealogical Society is 10349013. 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 Genealogical Society spend its money?
Maine Genealogical Society allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maine Genealogical Society's tax-exempt status?
You can verify Maine Genealogical Society's tax-exempt status using EIN 10349013 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
The Maine Genealogical Society demonstrates consistent financial stability and a strong commitment to its mission. Over the past five years (2019-2023), the organization has maintained a healthy asset base, growing from $160,202 in 2019 to $199,741 in 2023. Revenue has also shown positive trends, with the latest reported revenue at $57,105 in 2023, up from $32,049 in 2020. The organization consistently reports 0% officer compensation, indicating that its leadership is likely volunteer-based, which is a positive sign for donor confidence and efficient use of funds.
Spending efficiency appears to be very high, as evidenced by the lack of reported officer compensation and the relatively low liabilities across all filing periods. For instance, in 2023, liabilities were only $80, a negligible amount compared to assets of $199,741. This suggests sound financial management and a focus on direct program delivery rather than administrative overhead or executive salaries. The organization's consistent net positive revenue in recent years (e.g., $57,105 revenue vs. $51,795 expenses in 2023) allows for asset growth and sustained operations.
Transparency is excellent, particularly regarding executive compensation, which is clearly stated as 0% across all available filings. The consistent filing of IRS Form 990s over 13 periods further underscores their commitment to public accountability. While a detailed breakdown of program vs. administrative expenses isn't explicitly provided in the summary data, the absence of paid officers strongly implies that the vast majority of expenses are directed towards their genealogical programs and services.