Quick charity verification for Maine Space Grant Consortium (EIN: 10532411)
Verdict: Maine Space Grant Consortium appears trustworthy
85/100Mission Score
$1.8MRevenue
$421KAssets
1Red Flags
3Strengths
Red Flags
Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and revenue, potentially indicating indirect compensation or a lack of full transparency regarding leadership costs.
Strengths
Consistent near break-even operations, indicating strong financial management and efficient use of funds.
Growing asset base, from $249,887 in 2020 to $623,670 in 2023, suggesting financial stability.
Strong program focus implied by the close match of revenue and expenses, leaving little for excessive administrative or fundraising overhead.
Spending Breakdown
How Maine Space Grant Consortium allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Space Grant Consortium
Is Maine Space Grant Consortium a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Space Grant Consortium (EIN: 10532411) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Maine Space Grant Consortium a good charity to donate to?
Maine Space Grant Consortium has a Mission Score of 85/100. Revenue: $1.8M. Assets: $421K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine Space Grant Consortium?
The Employer Identification Number (EIN) for Maine Space Grant Consortium is 10532411. 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 Space Grant Consortium spend its money?
Maine Space Grant Consortium allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maine Space Grant Consortium's tax-exempt status?
You can verify Maine Space Grant Consortium's tax-exempt status using EIN 10532411 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 Space Grant Consortium demonstrates consistent financial health with revenues closely matching expenses across its filing history, indicating efficient resource allocation. For instance, in 2023, revenue was $1,823,356 against expenses of $1,823,347, showing a near break-even operation. The organization's assets have shown growth over time, from $249,887 in 2020 to $623,670 in 2023, suggesting a stable financial position. A key aspect of its transparency and efficiency is the reported 0% officer compensation across all available filings, which is highly unusual for an organization of its size and revenue, and warrants further investigation to understand how leadership is compensated or if services are provided pro bono or through other entities. This lack of direct officer compensation on the 990s, while potentially positive for direct program spending, could also indicate a lack of transparency if compensation is being routed indirectly.