Is Maine Society Of Health System Pharmacists Legit?
Quick charity verification for Maine Society Of Health System Pharmacists (EIN: 10378461)
Verdict: Maine Society Of Health System Pharmacists appears trustworthy
70/100Mission Score
$0Revenue
$0Assets
2Red Flags
3Strengths
Red Flags
Latest filings report $0 revenue and $0 assets, indicating potential inactivity or significant operational changes.
Expenses occasionally exceeded revenue in historical periods (e.g., 201512: Revenue=$38,513, Expenses=$54,959), suggesting reliance on reserves or fluctuating financial planning.
Strengths
Consistent 0% officer compensation across all filings, demonstrating strong volunteer commitment and efficient use of funds.
No reported liabilities in any filing, indicating sound financial management and no outstanding debt.
Historically maintained a stable asset base, ranging from $46,515 to $79,717, before the recent $0 report.
Spending Breakdown
How Maine Society Of Health System Pharmacists 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 Society Of Health System Pharmacists
Is Maine Society Of Health System Pharmacists a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Society Of Health System Pharmacists (EIN: 10378461) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Maine Society Of Health System Pharmacists a good charity to donate to?
Maine Society Of Health System Pharmacists has a Mission Score of 70/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine Society Of Health System Pharmacists?
The Employer Identification Number (EIN) for Maine Society Of Health System Pharmacists is 10378461. 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 Society Of Health System Pharmacists spend its money?
Maine Society Of Health System Pharmacists allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maine Society Of Health System Pharmacists's tax-exempt status?
You can verify Maine Society Of Health System Pharmacists's tax-exempt status using EIN 10378461 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 Society Of Health System Pharmacists appears to be a small, volunteer-run organization with a consistent financial history, though recent filings show zero revenue and assets, which is concerning. Historically, the organization has maintained a modest level of revenue and expenses, typically in the range of $30,000 to $50,000 annually. Their assets have fluctuated but generally remained below $80,000, with no reported liabilities, indicating a stable, albeit small, financial position in previous years. The absence of officer compensation across all reported periods suggests a high degree of volunteerism and dedication to their mission, which is a positive indicator of efficiency and resource allocation.
However, the latest reported revenue and assets of $0 are a significant red flag, suggesting the organization may be inactive or has undergone a substantial change not reflected in the provided historical data. Without further context, it's difficult to assess their current operational status or financial health. Assuming the historical data represents their typical operations, their spending efficiency appears reasonable for a small professional society, with expenses generally aligning with or slightly exceeding revenue in some years, indicating they are spending what they bring in to support their activities. Their transparency is good in terms of public filings, but the recent zero figures warrant further investigation.