Is Mid Coast Hunger Prevention Program Inc Legit?

Quick charity verification for Mid Coast Hunger Prevention Program Inc (EIN: 10492643)

Verdict: Mid Coast Hunger Prevention Program Inc appears trustworthy

95/100Mission Score
$7.6MRevenue
$7.2MAssets
1Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How Mid Coast Hunger Prevention Program 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 Mid Coast Hunger Prevention Program Inc

Is Mid Coast Hunger Prevention Program Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Mid Coast Hunger Prevention Program Inc (EIN: 10492643) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

Is Mid Coast Hunger Prevention Program Inc a good charity to donate to?

Mid Coast Hunger Prevention Program Inc has a Mission Score of 95/100. Revenue: $7.6M. Assets: $7.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mid Coast Hunger Prevention Program Inc?

The Employer Identification Number (EIN) for Mid Coast Hunger Prevention Program Inc is 10492643. 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 Hunger Prevention Program Inc spend its money?

Mid Coast Hunger Prevention Program Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mid Coast Hunger Prevention Program Inc's tax-exempt status?

You can verify Mid Coast Hunger Prevention Program Inc's tax-exempt status using EIN 10492643 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 Hunger Prevention Program Inc demonstrates strong financial health and a clear commitment to its mission. Over the past five years, the organization has shown consistent growth in both revenue and assets, with revenue increasing from $3,764,316 in 2020 to $5,533,812 in 2024. This growth indicates increasing support and capacity to address hunger prevention. The organization consistently spends less than or close to its revenue, as seen in 2023 where expenses were $5,361,978 against revenues of $5,581,271, suggesting responsible financial management and a focus on sustainability. The organization's transparency is excellent, particularly given its consistent reporting of 0% officer compensation across all available filings. This indicates that the leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a strong positive for donor confidence. The steady increase in assets, from $2,510,521 in 2020 to $4,437,318 in 2024, further solidifies its financial stability and ability to invest in long-term programs. Overall, Mid Coast Hunger Prevention Program Inc appears to be a well-managed and transparent nonprofit effectively utilizing its resources.

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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