Is Professional Logging Contractors Of The Northeast Legit?
Quick charity verification for Professional Logging Contractors Of The Northeast (EIN: 10505151)
Verdict: Professional Logging Contractors Of The Northeast appears trustworthy
90/100Mission Score
$1.1MRevenue
$1.4MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, increasing from $603,775 in 2021 to $1,013,925 in 2023.
Significant asset growth, from $749,230 in 2021 to $1,398,006 in 2023, indicating strong financial health.
Zero reported officer compensation across all filings, demonstrating high transparency and dedication of resources to the mission.
Low liabilities, with only $1,012 reported in 2023, suggesting a healthy balance sheet.
Consistent generation of operating surpluses, with revenue significantly exceeding expenses in recent years (e.g., $1,013,925 revenue vs. $702,347 expenses in 2023).
Spending Breakdown
How Professional Logging Contractors Of The Northeast allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Professional Logging Contractors Of The Northeast
Is Professional Logging Contractors Of The Northeast a legitimate charity?
Based on AI analysis of IRS 990 filings, Professional Logging Contractors Of The Northeast (EIN: 10505151) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Professional Logging Contractors Of The Northeast a good charity to donate to?
Professional Logging Contractors Of The Northeast has a Mission Score of 90/100. Revenue: $1.1M. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Professional Logging Contractors Of The Northeast?
The Employer Identification Number (EIN) for Professional Logging Contractors Of The Northeast is 10505151. 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 Professional Logging Contractors Of The Northeast spend its money?
Professional Logging Contractors Of The Northeast allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Professional Logging Contractors Of The Northeast's tax-exempt status?
You can verify Professional Logging Contractors Of The Northeast's tax-exempt status using EIN 10505151 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
Professional Logging Contractors Of The Northeast demonstrates a strong financial position and efficient spending. Over the past three years, the organization has consistently generated more revenue than expenses, leading to a significant increase in assets from $749,230 in 2021 to $1,398,006 in 2023. This growth indicates sound financial management and the ability to build reserves. The organization's liabilities have remained relatively low, especially in the most recent filing at $1,012, suggesting a healthy balance sheet.
Spending efficiency appears robust, with expenses in 2023 at $702,347 against revenues of $1,013,925, indicating a substantial surplus that can be reinvested into its mission or reserves. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards organizational activities rather than executive salaries. This practice enhances public trust and suggests a volunteer-driven or very lean leadership structure.
Overall, the organization exhibits strong financial health, efficient operations, and a high degree of transparency regarding executive compensation. Its consistent growth in revenue and assets, coupled with low liabilities and no reported officer compensation, paints a picture of a well-managed and fiscally responsible nonprofit.