Quick charity verification for Maine Womens Fund Inc (EIN: 10430261)
Verdict: Maine Womens Fund Inc appears trustworthy
92/100Mission Score
$595KRevenue
$3.5MAssets
1Red Flags
4Strengths
Red Flags
Unusually low (0%) reported officer compensation across all filings, which may obscure actual executive pay if categorized elsewhere.
Strengths
Consistent asset growth over the past decade, from $1.5M to $3.5M.
Positive operating margin in the latest filing (202112), with revenue exceeding expenses ($462,038 vs $428,083).
Strong financial transparency with 12 years of consistent IRS 990 filings.
Very low reported officer compensation, suggesting high efficiency or volunteer leadership.
Spending Breakdown
How Maine Womens Fund Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Womens Fund Inc
Is Maine Womens Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Womens Fund Inc (EIN: 10430261) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Maine Womens Fund Inc a good charity to donate to?
Maine Womens Fund Inc has a Mission Score of 92/100. Revenue: $595K. Assets: $3.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine Womens Fund Inc?
The Employer Identification Number (EIN) for Maine Womens Fund Inc is 10430261. 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 Womens Fund Inc spend its money?
Maine Womens Fund Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maine Womens Fund Inc's tax-exempt status?
You can verify Maine Womens Fund Inc's tax-exempt status using EIN 10430261 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
Maine Womens Fund Inc demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $3,540,272 in the latest filing. While revenue has fluctuated, the organization has maintained a healthy asset base. The most recent filing (202112) shows expenses of $428,083 against revenues of $462,038, indicating a positive operating margin for that period. The organization's NTEE code P83Z suggests a focus on women's issues, which aligns with its name.
Spending efficiency appears to be strong, particularly given the reported 0% officer compensation across all available filings, which is a significant indicator of volunteer leadership or very low executive pay not captured in that specific line item. This suggests a high proportion of funds are likely directed towards programmatic activities. The consistent growth in assets, even during periods of higher expenses than revenue (e.g., 202012, 201912), points to effective financial management and potentially strong endowment or investment performance. The organization's transparency is bolstered by its consistent filing history, providing a clear view of its financial trajectory.
Overall, Maine Womens Fund Inc appears to be a financially sound organization with a commitment to its mission, evidenced by its asset growth, positive operating margins in recent years, and the notable absence of reported officer compensation. Its long filing history further enhances its transparency.