Quick charity verification for Maine Innkeepers Education Foundation (EIN: 10544274)
Verdict: Maine Innkeepers Education Foundation appears trustworthy
85/100Mission Score
$20KRevenue
$128KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating high efficiency and dedication to mission.
Strong asset base ($127,536 in 2018) relative to annual revenue and expenses, providing financial stability.
Minimal to no liabilities across all reported periods, demonstrating sound financial management.
Expenses generally kept below revenue, indicating responsible spending and accumulation of reserves.
Long filing history (8 filings) suggests consistent operation and transparency.
Spending Breakdown
How Maine Innkeepers Education Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
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 Innkeepers Education Foundation
Is Maine Innkeepers Education Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Innkeepers Education Foundation (EIN: 10544274) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Maine Innkeepers Education Foundation a good charity to donate to?
Maine Innkeepers Education Foundation has a Mission Score of 85/100. Revenue: $20K. Assets: $128K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine Innkeepers Education Foundation?
The Employer Identification Number (EIN) for Maine Innkeepers Education Foundation is 10544274. 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 Innkeepers Education Foundation spend its money?
Maine Innkeepers Education Foundation allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maine Innkeepers Education Foundation's tax-exempt status?
You can verify Maine Innkeepers Education Foundation's tax-exempt status using EIN 10544274 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 Innkeepers Education Foundation demonstrates consistent financial stability with assets significantly exceeding liabilities across all reported periods, most recently holding $127,536 in assets with $0 liabilities in 2018. The organization's revenue has fluctuated, peaking at $28,956 in 2015 and most recently reported at $20,095 in 2018. Expenses have generally remained below revenue, indicating responsible financial management, though the 2018 expenses of $19,176 were close to the $20,095 revenue, resulting in a smaller surplus compared to previous years like 2017 where expenses were $7,594 against $22,351 revenue. The foundation consistently reports 0% officer compensation, which is a strong indicator of efficient use of funds and a commitment to its mission, as administrative costs are not inflated by executive salaries. This suggests a high degree of transparency regarding how funds are allocated, with resources likely directed towards program services rather than executive overhead.