Is Maine Grocers & Food Producers Association Legit?
Quick charity verification for Maine Grocers & Food Producers Association (EIN: 10165097)
Verdict: Maine Grocers & Food Producers Association appears trustworthy
80/100Mission Score
$243KRevenue
$167KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial stability with revenues generally covering expenses.
No reported officer compensation, indicating efficient use of funds.
Growing asset base from $58,127 in 201412 to $132,752 in 202312.
Low liabilities relative to assets ($10,968 liabilities vs. $132,752 assets in 202312).
Regular and consistent IRS 990 filing history, demonstrating transparency.
Spending Breakdown
How Maine Grocers & Food Producers Association allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Grocers & Food Producers Association
Is Maine Grocers & Food Producers Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Grocers & Food Producers Association (EIN: 10165097) appears trustworthy. Mission Score: 80/100. 0 red flags identified, 5 strengths noted.
Is Maine Grocers & Food Producers Association a good charity to donate to?
Maine Grocers & Food Producers Association has a Mission Score of 80/100. Revenue: $243K. Assets: $167K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine Grocers & Food Producers Association?
The Employer Identification Number (EIN) for Maine Grocers & Food Producers Association is 10165097. 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 Grocers & Food Producers Association spend its money?
Maine Grocers & Food Producers Association allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maine Grocers & Food Producers Association's tax-exempt status?
You can verify Maine Grocers & Food Producers Association's tax-exempt status using EIN 10165097 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 Grocers & Food Producers Association demonstrates consistent financial activity, with revenues and expenses generally in close alignment over the past decade. In the latest reported period (202312), the organization reported revenues of $196,226 against expenses of $166,332, resulting in a surplus. This trend of managing expenses within or close to revenue generation is a positive indicator of financial stability. The organization's assets have shown a gradual increase, reaching $132,752 in 202312, while liabilities remain relatively low at $10,968, suggesting a healthy balance sheet.
The absence of reported officer compensation across all available filings indicates a lean operational structure, potentially relying on volunteer leadership or staff salaries not categorized as officer compensation. This can contribute to a higher proportion of funds being directed towards program services. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and transparency.