Is Maine State Society For The Protection Of Animals Legit?
Quick charity verification for Maine State Society For The Protection Of Animals (EIN: 10212545)
Verdict: Maine State Society For The Protection Of Animals appears trustworthy
92/100Mission Score
$4.7MRevenue
$15.7MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent generation of significant financial surpluses (e.g., $2,541,685 revenue vs. $1,335,760 expenses in 202312).
No reported officer compensation across all filing periods, indicating high efficiency and dedication.
Strong and growing asset base, increasing from $7,500,386 in 201412 to $14,724,733 in 202312.
Healthy asset-to-liability ratio, demonstrating strong financial stability (e.g., $14,724,733 assets vs. $182,446 liabilities in 202312).
Consistent ability to manage expenses well below revenue, ensuring long-term sustainability.
Spending Breakdown
How Maine State Society For The Protection Of Animals allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 State Society For The Protection Of Animals
Is Maine State Society For The Protection Of Animals a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine State Society For The Protection Of Animals (EIN: 10212545) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Maine State Society For The Protection Of Animals a good charity to donate to?
Maine State Society For The Protection Of Animals has a Mission Score of 92/100. Revenue: $4.7M. Assets: $15.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine State Society For The Protection Of Animals?
The Employer Identification Number (EIN) for Maine State Society For The Protection Of Animals is 10212545. 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 State Society For The Protection Of Animals spend its money?
Maine State Society For The Protection Of Animals allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maine State Society For The Protection Of Animals's tax-exempt status?
You can verify Maine State Society For The Protection Of Animals's tax-exempt status using EIN 10212545 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 State Society For The Protection Of Animals demonstrates strong financial health and efficiency. In the latest filing period (202312), the organization reported revenues of $2,541,685 against expenses of $1,335,760, indicating a significant surplus that contributes to its growing asset base of $14,724,733. This consistent surplus generation, evident across multiple years (e.g., 202212 revenue $1,454,969 vs. expenses $1,344,421), suggests effective financial management and fundraising capabilities.
The organization's spending efficiency appears robust, with expenses consistently well below revenues, allowing for asset growth. The absence of officer compensation reported across all available filings is a notable indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice, combined with a healthy asset-to-liability ratio (e.g., $14,724,733 assets vs. $182,446 liabilities in 202312), points to a financially stable and well-managed nonprofit.
While specific program, administrative, and fundraising expense breakdowns are not explicitly detailed in the provided summary, the overall financial picture suggests a strong focus on mission-related activities given the consistent surpluses and asset accumulation. The lack of reported officer compensation further enhances the perception of transparency and dedication to the cause.