Quick charity verification for Maine Hospice Council Inc (EIN: 10456521)
Verdict: Maine Hospice Council Inc appears trustworthy
70/100Mission Score
$107KRevenue
$1KAssets
3Red Flags
3Strengths
Red Flags
Frequent deficit spending (expenses exceeding revenue), as seen in 2023 ($167,136 expenses vs. $126,477 revenue).
Consistently low asset base, with latest assets at $7,465, providing minimal financial reserves.
Significant fluctuations in liabilities, sometimes exceeding assets, indicating potential financial strain in past years.
Strengths
Zero officer compensation reported across all filings, indicating high efficiency in executive spending.
Long operational history with 13 filings, suggesting resilience despite financial challenges.
Periods of strong revenue generation, such as $248,769 in 2014 and $215,851 in 2021, demonstrating capacity for fundraising.
Spending Breakdown
How Maine Hospice Council Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Hospice Council Inc
Is Maine Hospice Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Hospice Council Inc (EIN: 10456521) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Maine Hospice Council Inc a good charity to donate to?
Maine Hospice Council Inc has a Mission Score of 70/100. Revenue: $107K. Assets: $1K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine Hospice Council Inc?
The Employer Identification Number (EIN) for Maine Hospice Council Inc is 10456521. 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 Hospice Council Inc spend its money?
Maine Hospice Council Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maine Hospice Council Inc's tax-exempt status?
You can verify Maine Hospice Council Inc's tax-exempt status using EIN 10456521 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 Hospice Council Inc. demonstrates a fluctuating financial picture over the past decade. While revenue has varied significantly, from a high of $248,769 in 2014 to a low of $119,616 in 2019, the organization frequently operates with expenses exceeding revenue, as seen in 2023 ($167,136 expenses vs. $126,477 revenue) and 2019 ($132,927 expenses vs. $119,616 revenue). This consistent deficit spending in several years suggests potential challenges in maintaining long-term financial stability, though they did have surpluses in 2022 and 2021. The organization's assets are generally low, with the latest reported assets at $7,465, which is a concern for an organization of its age and mission. The absence of officer compensation reported across all filings indicates a commitment to directing funds towards the mission rather than executive salaries, which is a positive sign for transparency and efficiency.