Quick charity verification for Mid Maine Homeless Shelter Inc (EIN: 10425115)
Verdict: Mid Maine Homeless Shelter Inc appears trustworthy
85/100Mission Score
$2.8MRevenue
$5.3MAssets
2Red Flags
4Strengths
Red Flags
Recurring operational deficits in recent years (e.g., 202312, 202212)
Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting efficiency analysis
Strengths
Consistent reporting of 0% officer compensation, indicating strong mission focus or volunteer leadership
Significant growth in assets over the past decade, providing financial stability
Substantial revenue growth, demonstrating increasing support for its mission
Strong asset base relative to annual expenses, offering a buffer against financial fluctuations
Spending Breakdown
How Mid Maine Homeless Shelter Inc 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 Maine Homeless Shelter Inc
Is Mid Maine Homeless Shelter Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mid Maine Homeless Shelter Inc (EIN: 10425115) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Mid Maine Homeless Shelter Inc a good charity to donate to?
Mid Maine Homeless Shelter Inc has a Mission Score of 85/100. Revenue: $2.8M. Assets: $5.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mid Maine Homeless Shelter Inc?
The Employer Identification Number (EIN) for Mid Maine Homeless Shelter Inc is 10425115. 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 Maine Homeless Shelter Inc spend its money?
Mid Maine Homeless Shelter Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mid Maine Homeless Shelter Inc's tax-exempt status?
You can verify Mid Maine Homeless Shelter Inc's tax-exempt status using EIN 10425115 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 Maine Homeless Shelter Inc demonstrates a commitment to its mission, as evidenced by its consistent program spending. In the latest filing period (202312), the organization reported expenses of $2,871,639 against revenues of $2,498,333, indicating a deficit for the year. This trend of expenses exceeding revenue is also observed in 202212 and 201912, suggesting a need for careful financial management to ensure long-term sustainability, despite a strong revenue year in 202112. The organization's assets have generally grown over the past decade, from $3,569,766 in 201412 to $5,217,198 in 202312, providing a solid financial base.
The organization's transparency is commendable, particularly with its consistent reporting of 0% officer compensation across all available filings. This indicates that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence. However, without a detailed breakdown of functional expenses (program, administrative, fundraising), a precise assessment of spending efficiency is challenging. The NTEE code L41Z (Homeless Services) aligns well with the organization's name and likely mission.
Overall, while Mid Maine Homeless Shelter Inc maintains a strong asset base and demonstrates a clear dedication to its cause through its lack of officer compensation, the recurring operational deficits in recent years warrant attention. A more detailed breakdown of expenses would further enhance transparency and allow for a more granular analysis of spending efficiency.