Is Parent Program Of Mid Coast Maine Inc…

Quick charity verification for Parent Program Of Mid Coast Maine Inc (EIN: 10538045)

Spending Breakdown

How Parent Program Of Mid Coast Maine 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

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 Parent Program Of Mid Coast Maine Inc

Is Parent Program Of Mid Coast Maine Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Parent Program Of Mid Coast Maine Inc (EIN: 10538045) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Parent Program Of Mid Coast Maine Inc a good charity to donate to?

Parent Program Of Mid Coast Maine Inc has a Mission Score of 85/100. Revenue: $778K. Assets: $286K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Parent Program Of Mid Coast Maine Inc?

The Employer Identification Number (EIN) for Parent Program Of Mid Coast Maine Inc is 10538045. 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 Parent Program Of Mid Coast Maine Inc spend its money?

Parent Program Of Mid Coast Maine Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Parent Program Of Mid Coast Maine Inc's tax-exempt status?

You can verify Parent Program Of Mid Coast Maine Inc's tax-exempt status using EIN 10538045 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

Parent Program Of Mid Coast Maine Inc demonstrates consistent financial operations with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2023, the organization reported revenues of $719,539 against expenses of $708,478, indicating a slight surplus. The organization's assets have shown a steady, albeit modest, growth trend, increasing from $132,729 in 2014 to $274,021 in 2023. This suggests a stable financial foundation without significant accumulation of unrestricted funds.

The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive sign for donor confidence. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent financial reporting over 12 periods suggests a commitment to transparency.

Overall, Parent Program Of Mid Coast Maine Inc appears to be a financially stable organization with a lean operational structure, as evidenced by the lack of reported officer compensation. Its consistent revenue and expense patterns, coupled with gradual asset growth, point to responsible financial management. Further transparency regarding the allocation of expenses into program, administrative, and fundraising categories would enhance the understanding of its operational efficiency.

Is Parent Program Of Mid Coast Maine Inc Legit?

Verdict: Parent Program Of Mid Coast Maine Inc appears trustworthy

Red Flags

Strengths