Is Saco River Community Television Legit? —…

Quick charity verification for Saco River Community Television (EIN: 10537426)

Spending Breakdown

How Saco River Community Television 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 Saco River Community Television

Is Saco River Community Television a legitimate charity?

Based on AI analysis of IRS 990 filings, Saco River Community Television (EIN: 10537426) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Saco River Community Television a good charity to donate to?

Saco River Community Television has a Mission Score of 85/100. Revenue: $211K. Assets: $286K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Saco River Community Television?

The Employer Identification Number (EIN) for Saco River Community Television is 10537426. 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 Saco River Community Television spend its money?

Saco River Community Television allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Saco River Community Television's tax-exempt status?

You can verify Saco River Community Television's tax-exempt status using EIN 10537426 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

Saco River Community Television demonstrates consistent financial activity, with revenues generally keeping pace with expenses over the past decade. For instance, in 2023, the organization reported revenues of $189,776 against expenses of $218,645, indicating a slight deficit. While the organization's assets have seen a gradual decline from $435,598 in 2014 to $292,914 in 2023, its liabilities have also decreased significantly from $126,253 to $54,006 over the same period, suggesting responsible management of debt. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive sign for spending efficiency.

The organization's financial health appears stable, albeit with a trend of slightly higher expenses than revenues in recent years, as seen in 2023 and 2022. However, the overall asset base remains healthy relative to its annual revenue, providing a buffer. The consistent filing of IRS Form 990s over many years reflects a commitment to transparency, allowing stakeholders to track its financial performance and operational changes. The absence of officer compensation is a key indicator of efficient resource allocation.

Given its NTEE code A32 (Television, Radio, and Film), Saco River Community Television's financial profile suggests a focus on community programming with modest operational costs. The lack of executive compensation is a significant positive for transparency and efficiency. While the declining asset base warrants monitoring, the corresponding reduction in liabilities mitigates some concern, indicating a managed financial position.

Is Saco River Community Television Legit?

Verdict: Saco River Community Television appears trustworthy

Red Flags

Strengths