Quick charity verification for Poland Spring Academy Inc (EIN: 10527934)
Verdict: Poland Spring Academy Inc has notable concerns
35/100Mission Score
$0Revenue
$0Assets
3Red Flags
2Strengths
Red Flags
Consistent negative net assets (liabilities significantly exceed assets) across all reported periods, indicating potential insolvency or heavy reliance on debt.
Highly volatile revenue streams, with a sharp decline from $241,779 in 2017 to $10,560 in 2021, making financial planning challenging.
Lack of detailed expense breakdown (program, admin, fundraising) in the summary data, hindering a full assessment of spending efficiency.
Strengths
Consistent filing of IRS 990 forms, demonstrating compliance with reporting requirements.
No reported officer compensation, suggesting a potentially volunteer-driven leadership or efficient use of funds at the executive level.
Spending Breakdown
How Poland Spring Academy Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Poland Spring Academy Inc
Is Poland Spring Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Poland Spring Academy Inc (EIN: 10527934) has notable concerns. Mission Score: 35/100. 3 red flags identified, 2 strengths noted.
Is Poland Spring Academy Inc a good charity to donate to?
Poland Spring Academy Inc has a Mission Score of 35/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Poland Spring Academy Inc?
The Employer Identification Number (EIN) for Poland Spring Academy Inc is 10527934. 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 Poland Spring Academy Inc spend its money?
Poland Spring Academy Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Poland Spring Academy Inc's tax-exempt status?
You can verify Poland Spring Academy Inc's tax-exempt status using EIN 10527934 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
Poland Spring Academy Inc. exhibits a concerning financial trend, with its liabilities consistently exceeding its assets by a significant margin over the past decade. For instance, in 2023, assets were $184,990 while liabilities stood at $399,562, indicating a negative net asset position. This suggests a reliance on debt or restricted funds, which could pose long-term sustainability challenges. Revenue has also been highly volatile, dropping from a high of $241,779 in 2017 to $48,805 in 2023, and even as low as $10,560 in 2021. This inconsistency in funding makes financial planning and program delivery difficult.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent negative net assets and fluctuating revenue streams raise questions about its operational efficiency and ability to manage its financial resources effectively. The absence of reported officer compensation across all filings suggests either a volunteer-led board or that compensation is below reporting thresholds, which could be a positive indicator of resource allocation if other expenses are well-managed.
Transparency, based on the provided data, is limited to the top-line financial figures. A deeper dive into the full IRS 990 forms would be necessary to understand the specific nature of its expenses, the composition of its liabilities, and its program activities. The consistent filing of 990s demonstrates compliance with reporting requirements, but the financial health indicators suggest a need for greater scrutiny into its financial management practices and long-term viability.