Quick charity verification for Mount Blue Housing Inc (EIN: 10504708)
Verdict: Mount Blue Housing Inc appears trustworthy
88/100Mission Score
$88KRevenue
$209KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating strong volunteer leadership and efficient use of funds.
Stable financial operations with revenues generally covering expenses.
Healthy asset base ($233,301 in 202406) relative to annual operating budget.
Consistent filing of IRS Form 990s over 14 periods, demonstrating transparency and compliance.
Low liabilities ($21,550 in 202406) relative to assets, indicating good financial health.
Spending Breakdown
How Mount Blue Housing Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Mount Blue Housing Inc
Is Mount Blue Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mount Blue Housing Inc (EIN: 10504708) appears trustworthy. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.
Is Mount Blue Housing Inc a good charity to donate to?
Mount Blue Housing Inc has a Mission Score of 88/100. Revenue: $88K. Assets: $209K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mount Blue Housing Inc?
The Employer Identification Number (EIN) for Mount Blue Housing Inc is 10504708. 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 Mount Blue Housing Inc spend its money?
Mount Blue Housing Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mount Blue Housing Inc's tax-exempt status?
You can verify Mount Blue Housing Inc's tax-exempt status using EIN 10504708 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
Mount Blue Housing Inc. demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past decade. For the most recent period (202406), the organization reported revenue of $78,174 against expenses of $72,946, indicating a slight surplus. While the organization's assets have fluctuated, they remain substantial relative to its annual revenue, suggesting a stable financial base. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a commitment to directing resources towards its mission rather than executive salaries.
The organization's spending efficiency appears reasonable, with expenses closely tracking revenues. The absence of officer compensation suggests that administrative costs are likely kept low, allowing a greater proportion of funds to be allocated to program services. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to precisely determine the program spending ratio. The consistent filing of IRS Form 990s over 14 periods reflects a commitment to regulatory compliance and transparency.
Overall, Mount Blue Housing Inc. appears to be a financially stable organization with a strong commitment to transparency, particularly regarding executive compensation. Its consistent operations and asset base provide a solid foundation for its housing mission in Lewiston, ME. Further detailed expense breakdowns would enhance the assessment of its spending efficiency.