Quick charity verification for Maine Real Estate Managers Association (EIN: 10495845)
Verdict: Maine Real Estate Managers Association appears trustworthy
90/100Mission Score
$190KRevenue
$182KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial surpluses (e.g., $20,990 in 202312)
Zero officer compensation reported across all filings
Minimal to no liabilities, indicating low financial risk
Consistent growth in assets over the past decade
Strong financial recovery after a dip in revenue in 202012
Spending Breakdown
How Maine Real Estate Managers Association 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 Real Estate Managers Association
Is Maine Real Estate Managers Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Real Estate Managers Association (EIN: 10495845) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Maine Real Estate Managers Association a good charity to donate to?
Maine Real Estate Managers Association has a Mission Score of 90/100. Revenue: $190K. Assets: $182K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine Real Estate Managers Association?
The Employer Identification Number (EIN) for Maine Real Estate Managers Association is 10495845. 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 Real Estate Managers Association spend its money?
Maine Real Estate Managers Association allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maine Real Estate Managers Association's tax-exempt status?
You can verify Maine Real Estate Managers Association's tax-exempt status using EIN 10495845 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 Real Estate Managers Association demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. For instance, in the latest filing (202312), assets stood at $171,738 against revenues of $124,842. The organization consistently operates with a surplus, as seen in 202312 where revenues of $124,842 exceeded expenses of $103,852, indicating sound financial management. Liabilities have been minimal or non-existent across most filing periods, suggesting a low-risk financial profile.
While specific program spending details are not explicitly broken down in the provided summary, the consistent surpluses and lack of officer compensation suggest that resources are likely directed towards the organization's mission. The absence of liabilities in most years, including the latest two filings, further reinforces a strong financial position. The organization's revenue has fluctuated over the years, with a notable dip in 202012 to $51,878, but has since recovered to $124,842 in 202312, showing resilience.
Transparency appears high given the consistent filing of IRS Form 990s and the clear reporting of zero officer compensation, which is a positive indicator for a smaller organization. The consistent growth in assets over the years, from $41,514 in 201212 to $171,738 in 202312, reflects prudent financial stewardship and the ability to build reserves.