Is Mount Desert Island Marathon Inc Legit?

Quick charity verification for Mount Desert Island Marathon Inc (EIN: 20688679)

Verdict: Mount Desert Island Marathon Inc appears trustworthy

85/100Mission Score
$58KRevenue
$13KAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Mount Desert Island Marathon 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 Mount Desert Island Marathon Inc

Is Mount Desert Island Marathon Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Mount Desert Island Marathon Inc (EIN: 20688679) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Mount Desert Island Marathon Inc a good charity to donate to?

Mount Desert Island Marathon Inc has a Mission Score of 85/100. Revenue: $58K. Assets: $13K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mount Desert Island Marathon Inc?

The Employer Identification Number (EIN) for Mount Desert Island Marathon Inc is 20688679. 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 Desert Island Marathon Inc spend its money?

Mount Desert Island Marathon Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mount Desert Island Marathon Inc's tax-exempt status?

You can verify Mount Desert Island Marathon Inc's tax-exempt status using EIN 20688679 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 Desert Island Marathon Inc. demonstrates a consistent commitment to its program services, with a significant portion of its expenses directed towards its mission. For example, in 2023, with revenues of $64,882 and expenses of $59,063, the organization appears to be operating efficiently. The organization's assets have fluctuated, from a high of $17,701 in 2014 to a low of $0 in 2018, and currently stand at $9,572 in 2023, indicating a lean operational model. The absence of reported officer compensation across all available filings suggests a volunteer-driven leadership, which is a positive indicator for donor confidence and efficient use of funds. However, the organization has experienced periods of deficit spending, such as in 2017 where expenses ($222,284) exceeded revenue ($187,798), and in 2022 where expenses ($27,540) exceeded revenue ($21,008). While these deficits are not uncommon for event-based organizations, consistent monitoring of financial stability is important. The organization's liabilities have also varied, reaching $31,439 in 2017, but have been $0 in recent years (2021, 2022, 2023), indicating improved financial management and a reduction in debt burden. Overall, Mount Desert Island Marathon Inc. appears to be a transparent organization, consistently filing its IRS Form 990s and reporting no officer compensation. Its financial health, while showing some fluctuations in revenue and expenses, generally reflects a focus on program delivery with minimal overhead from executive salaries. The recent trend of zero liabilities is a strong positive for its financial stability.

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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