Quick charity verification for Orono Land Trust Inc (EIN: 10417249)
Verdict: Orono Land Trust Inc appears trustworthy
95/100Mission Score
$519KRevenue
$1.4MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $393,618 in 2014 to $869,422 in 2023.
0% officer compensation reported across all filings, indicating volunteer leadership.
Expenses consistently well below revenue, demonstrating efficient financial management.
Low liabilities, with many periods reporting $0 liabilities.
Strong history of IRS 990 filings, indicating good transparency.
Spending Breakdown
How Orono Land Trust Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Orono Land Trust Inc
Is Orono Land Trust Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Orono Land Trust Inc (EIN: 10417249) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Orono Land Trust Inc a good charity to donate to?
Orono Land Trust Inc has a Mission Score of 95/100. Revenue: $519K. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Orono Land Trust Inc?
The Employer Identification Number (EIN) for Orono Land Trust Inc is 10417249. 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 Orono Land Trust Inc spend its money?
Orono Land Trust Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Orono Land Trust Inc's tax-exempt status?
You can verify Orono Land Trust Inc's tax-exempt status using EIN 10417249 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
Orono Land Trust Inc demonstrates strong financial health and a clear commitment to its mission, as evidenced by its consistent growth in assets and efficient spending. Over the past decade, the organization's assets have grown significantly from $393,618 in 2014 to $869,422 in 2023, indicating effective asset management and donor confidence. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer-driven leadership and a focus on directing resources to programmatic activities. This also contributes to a very low overhead structure.
The organization's spending efficiency is excellent, with expenses consistently well below revenue, allowing for asset accumulation. For example, in 2023, expenses were $43,200 against revenues of $150,941. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation and low overall expenses relative to revenue suggest a high proportion of spending is directed towards its land trust programs. The organization's financial transparency is good, with a consistent history of IRS 990 filings over 13 periods, allowing for public scrutiny of its financial operations.