Quick charity verification for Portland Seamens Friend Society (EIN: 10211545)
Verdict: Portland Seamens Friend Society shows mixed signals
65/100Mission Score
$89KRevenue
$131KAssets
2Red Flags
2Strengths
Red Flags
Recurring operational deficits (e.g., $33,443 deficit in 202312, $13,668 deficit in 202212).
Declining asset base (from $179,565 in 202112 to $132,714 in 202312).
Strengths
No executive compensation reported across all filings (0% officer comp).
Consistently low liabilities (e.g., $260 in 202312, $610 in 202212), indicating good debt management.
Spending Breakdown
How Portland Seamens Friend Society 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 Portland Seamens Friend Society
Is Portland Seamens Friend Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Portland Seamens Friend Society (EIN: 10211545) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.
Is Portland Seamens Friend Society a good charity to donate to?
Portland Seamens Friend Society has a Mission Score of 65/100. Revenue: $89K. Assets: $131K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Portland Seamens Friend Society?
The Employer Identification Number (EIN) for Portland Seamens Friend Society is 10211545. 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 Portland Seamens Friend Society spend its money?
Portland Seamens Friend Society allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Portland Seamens Friend Society's tax-exempt status?
You can verify Portland Seamens Friend Society's tax-exempt status using EIN 10211545 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
The Portland Seamens Friend Society demonstrates consistent financial activity over the past decade, with revenues and expenses generally fluctuating between $60,000 and $108,000. In the most recent filing (202312), the organization reported revenues of $44,965 against expenses of $78,408, indicating a deficit for the period. This trend of expenses exceeding revenue has been observed in several recent years, including 202212 ($75,982 revenue vs. $89,650 expenses) and 202012 ($69,989 revenue vs. $77,535 expenses), which could lead to a gradual depletion of assets if not addressed. The organization's assets have seen a decline from $179,565 in 202112 to $132,714 in 202312, suggesting that it has been drawing on its reserves.
The organization consistently reports 0% officer compensation across all available filings, which is a positive indicator of efficient use of funds for its mission rather than executive salaries. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories in the provided data, it's challenging to fully assess spending efficiency. The low liabilities, consistently under $1,000, suggest good financial management in terms of debt.
Overall, while the organization maintains low liabilities and no executive compensation, the recurring operational deficits and declining asset base warrant closer scrutiny. Transparency regarding the allocation of its expenses would further enhance its financial assessment.