Quick charity verification for Maine Sheriffs Association (EIN: 10463255)
Verdict: Maine Sheriffs Association appears trustworthy
80/100Mission Score
$220KRevenue
$423KAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided data, limiting efficiency analysis.
Strengths
Consistent positive net income in recent years (e.g., $37,435 in 2023).
Growing asset base, reaching $390,607 in 2023.
Zero officer compensation reported across all filings, indicating strong fiscal responsibility regarding executive pay.
Consistently low or zero liabilities reported, suggesting sound debt management.
Spending Breakdown
How Maine Sheriffs Association allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Sheriffs Association
Is Maine Sheriffs Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Sheriffs Association (EIN: 10463255) appears trustworthy. Mission Score: 80/100. 1 red flag identified, 4 strengths noted.
Is Maine Sheriffs Association a good charity to donate to?
Maine Sheriffs Association has a Mission Score of 80/100. Revenue: $220K. Assets: $423K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine Sheriffs Association?
The Employer Identification Number (EIN) for Maine Sheriffs Association is 10463255. 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 Sheriffs Association spend its money?
Maine Sheriffs Association allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maine Sheriffs Association's tax-exempt status?
You can verify Maine Sheriffs Association's tax-exempt status using EIN 10463255 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 Sheriffs Association demonstrates generally stable financial health, with recent revenues consistently exceeding expenses, as seen in 2023 ($222,821 revenue vs. $185,386 expenses) and 2022 ($242,911 revenue vs. $220,355 expenses). This trend has allowed the organization to build its assets, which stood at $390,607 in 2023, up from $314,205 in 2022. The organization consistently reports zero officer compensation, which is a positive indicator for donor confidence regarding executive pay.
However, without detailed expense breakdowns from the provided data, it's challenging to fully assess spending efficiency beyond the overall revenue-to-expense ratio. The absence of reported liabilities in most recent years suggests sound financial management regarding debt. The organization's transparency is good in terms of publicly available 990 filings, but a more granular breakdown of program, administrative, and fundraising expenses would enhance understanding of its operational efficiency.
Overall, the Maine Sheriffs Association appears to be a financially stable organization with a healthy asset base and a commitment to not compensating its officers. Further transparency in expense allocation would provide a more complete picture of its spending efficiency.