Is Mid Coast Board Of Realtors Legit?

Quick charity verification for Mid Coast Board Of Realtors (EIN: 10403851)

Verdict: Mid Coast Board Of Realtors appears trustworthy

85/100Mission Score
$158KRevenue
$157KAssets
1Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How Mid Coast Board Of Realtors 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 Mid Coast Board Of Realtors

Is Mid Coast Board Of Realtors a legitimate charity?

Based on AI analysis of IRS 990 filings, Mid Coast Board Of Realtors (EIN: 10403851) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.

Is Mid Coast Board Of Realtors a good charity to donate to?

Mid Coast Board Of Realtors has a Mission Score of 85/100. Revenue: $158K. Assets: $157K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mid Coast Board Of Realtors?

The Employer Identification Number (EIN) for Mid Coast Board Of Realtors is 10403851. 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 Mid Coast Board Of Realtors spend its money?

Mid Coast Board Of Realtors allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mid Coast Board Of Realtors's tax-exempt status?

You can verify Mid Coast Board Of Realtors's tax-exempt status using EIN 10403851 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

Mid Coast Board Of Realtors demonstrates consistent financial stability, with revenues generally exceeding expenses over the past several years. For example, in 2023, revenue was $135,739 against expenses of $122,627, resulting in a surplus. The organization maintains a healthy asset base, growing from $76,360 in 2016 to $136,350 in 2023, with minimal to no liabilities reported, indicating strong financial management and solvency. This consistent growth in assets without accumulating debt is a positive indicator of financial health. Regarding spending efficiency, without detailed expense breakdowns beyond total expenses, it's challenging to precisely determine program versus administrative spending. However, the consistent surplus generation suggests that the organization is managing its overall expenditures effectively within its revenue streams. The absence of reported officer compensation across all filings indicates a volunteer-driven leadership structure, which can contribute to lower administrative overhead. Transparency is high given the consistent filing of IRS Form 990s and the clear reporting of zero officer compensation. The organization's financial data is readily available, allowing for public scrutiny. The lack of liabilities further enhances its transparent financial standing, as there are no hidden debts or complex financial instruments to obscure its true financial picture. Overall, Mid Coast Board Of Realtors appears to be a financially sound and transparent organization.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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