Is Northern Maine Veterans Cemetary Corporation Legit?

Quick charity verification for Northern Maine Veterans Cemetary Corporation (EIN: 10529092)

Verdict: Northern Maine Veterans Cemetary Corporation appears trustworthy

85/100Mission Score
$0Revenue
$0Assets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Northern Maine Veterans Cemetery Corporation exhibits a fluctuating financial history, with revenues and expenses varying significantly across its filings. For instance, in 2022, the organization reported revenues of $58,418 against expenses of $34,695, indicating a surplus. However, in 2016, expenses ($80,001) exceeded revenues ($71,369), and similar deficits were observed in 2013 and 2011. The organization consistently reports zero liabilities and zero officer compensation, which are positive indicators of financial stability and responsible governance. While the provided data lacks a detailed breakdown of program, administrative, and fundraising expenses, the absence of officer compensation suggests a lean operational structure. The organization's assets have also fluctuated, peaking at $56,293 in 2012 before settling at $24,860 in 2022. Overall, the organization appears to be managed conservatively with no debt, but its ability to consistently generate revenue to cover expenses has varied.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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