Is North Yarmouth Academy Legit?

Spending Breakdown

How North Yarmouth Academy allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 North Yarmouth Academy

Is North Yarmouth Academy a legitimate charity?

Based on AI analysis of IRS 990 filings, North Yarmouth Academy (EIN: 10211536) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is North Yarmouth Academy a good charity to donate to?

North Yarmouth Academy has a Mission Score of 85/100. Revenue: $15.5M. Assets: $21.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for North Yarmouth Academy?

The Employer Identification Number (EIN) for North Yarmouth Academy is 10211536. 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 North Yarmouth Academy spend its money?

North Yarmouth Academy allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify North Yarmouth Academy's tax-exempt status?

You can verify North Yarmouth Academy's tax-exempt status using EIN 10211536 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

North Yarmouth Academy demonstrates consistent financial activity, with revenues and expenses generally in balance over the past decade. For the 202406 period, the organization reported revenues of $15,133,256 against expenses of $15,129,362, indicating a very tight operational margin. While assets have shown growth, reaching $21,748,314 in 2024, liabilities have also increased to $5,188,847, which is important to monitor. The organization's consistent filing of IRS Form 990s over 14 periods suggests a commitment to transparency regarding its financial operations.

The academy's financial health appears stable, though the minimal surplus in the latest period suggests a need for careful financial management. The absence of reported officer compensation across all filings is a notable point, indicating that the highest-ranking individuals are not receiving salaries directly from the organization, which could be a positive sign for resource allocation towards its mission. However, without a detailed breakdown of expenses (program, administrative, fundraising), it's challenging to fully assess spending efficiency.

Overall, North Yarmouth Academy appears to be a financially stable institution with a good track record of transparency through its regular IRS filings. The growth in assets over time, from $14,976,962 in 2020 to $21,748,314 in 2024, suggests effective asset management, though the increasing liabilities warrant attention. The lack of reported officer compensation is a significant positive indicator for donor confidence.

Verdict: North Yarmouth Academy appears trustworthy

Red Flags

Strengths