Is Maine Town & City Clerks Association…

Quick charity verification for Maine Town & City Clerks Association (EIN: 10469734)

Spending Breakdown

How Maine Town & City Clerks Association allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Town & City Clerks Association

Is Maine Town & City Clerks Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Maine Town & City Clerks Association (EIN: 10469734) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Maine Town & City Clerks Association a good charity to donate to?

Maine Town & City Clerks Association has a Mission Score of 85/100. Revenue: $132K. Assets: $250K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Maine Town & City Clerks Association?

The Employer Identification Number (EIN) for Maine Town & City Clerks Association is 10469734. 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 Town & City Clerks Association spend its money?

Maine Town & City Clerks Association allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Maine Town & City Clerks Association's tax-exempt status?

You can verify Maine Town & City Clerks Association's tax-exempt status using EIN 10469734 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 Town & City Clerks Association demonstrates a generally stable financial position, with assets growing significantly from $52,015 in 2015 to $240,035 in 2023. Revenue has fluctuated, peaking at $160,839 in 2022, but the organization experienced a deficit in 2023 with expenses exceeding revenue ($120,065 vs. $105,127). This recent deficit warrants attention, though the organization maintains a healthy asset base relative to its annual expenses, suggesting good financial reserves. The consistent reporting of 0% officer compensation across all filings indicates strong transparency regarding executive pay and a volunteer-driven leadership model, which is a positive sign for donor confidence.

The organization's spending efficiency appears reasonable, though the specific breakdown of program, administrative, and fundraising expenses is not explicitly detailed in the provided summary data. However, the consistent growth in assets over the past decade, despite some years of operating deficits, suggests effective management of resources. The NTEE code S41 (Civic & Social Organizations) aligns with its mission to support town and city clerks, and the financial data supports an organization focused on its operational activities rather than excessive overhead or fundraising costs, given the lack of reported officer compensation.

Overall, the Maine Town & City Clerks Association appears to be a financially sound organization with a strong commitment to transparency regarding executive compensation. While the recent operating deficit in 2023 should be monitored, its substantial asset base provides a buffer. The organization's consistent filing history and growth in assets over time indicate responsible financial stewardship.

Is Maine Town & City Clerks Association Legit?

Verdict: Maine Town & City Clerks Association appears trustworthy

Red Flags

Strengths