Quick charity verification for Maine Resource Recovery Association (EIN: 10457589)
Verdict: Maine Resource Recovery Association appears trustworthy
92/100Mission Score
$244KRevenue
$587KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent operational surpluses in recent years (e.g., $21,586 in 2024, $46,120 in 2023).
0% officer compensation reported across all filings, indicating high efficiency in resource allocation.
Significant growth in assets over the past five years, from $225,375 in 2019 to $662,837 in 2024.
Consistent filing history (14 filings), demonstrating transparency and compliance.
Healthy asset base relative to annual revenue, providing financial stability.
Spending Breakdown
How Maine Resource Recovery Association allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Resource Recovery Association
Is Maine Resource Recovery Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Resource Recovery Association (EIN: 10457589) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Maine Resource Recovery Association a good charity to donate to?
Maine Resource Recovery Association has a Mission Score of 92/100. Revenue: $244K. Assets: $587K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine Resource Recovery Association?
The Employer Identification Number (EIN) for Maine Resource Recovery Association is 10457589. 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 Resource Recovery Association spend its money?
Maine Resource Recovery Association allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maine Resource Recovery Association's tax-exempt status?
You can verify Maine Resource Recovery Association's tax-exempt status using EIN 10457589 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 Resource Recovery Association demonstrates consistent financial activity, with revenues generally exceeding expenses in recent years, indicating sound operational management. For instance, in 2024, revenue was $228,091 against expenses of $206,505, resulting in a surplus. The organization's assets have fluctuated but show a general upward trend over the long term, reaching $662,837 in 2024, which is healthy for an organization of its size. Liabilities have also varied, but the organization maintains a positive net asset position.
Spending efficiency appears strong, as the organization consistently reports 0% officer compensation, suggesting that resources are primarily directed towards its mission rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation is a positive indicator of efficient resource allocation. The organization's consistent filing of IRS Form 990s over 14 periods reflects a commitment to transparency.
Overall, the Maine Resource Recovery Association appears to be a financially stable and efficiently managed nonprofit. Its consistent operational surpluses in recent years and the absence of executive compensation suggest a strong focus on its mission. The fluctuations in assets and liabilities are not uncommon for organizations of this size and do not indicate significant financial distress.