Quick charity verification for Saco River Festival Association (EIN: 10344674)
Verdict: Saco River Festival Association has notable concerns
20/100Mission Score
$0Revenue
$0Assets
2Red Flags
1Strengths
Red Flags
Zero revenue and assets, indicating potential inactivity or lack of operations.
Insufficient financial data to assess any aspect of financial health or efficiency.
Strengths
Maintains IRS 990 filing compliance, indicating basic transparency by existing on the public record.
Spending Breakdown
How Saco River Festival Association allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
Admin Costs
Reasonable — admin costs in check
0%
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 Festival Association
Is Saco River Festival Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Saco River Festival Association (EIN: 10344674) has notable concerns. Mission Score: 20/100. 2 red flags identified, 1 strength noted.
Is Saco River Festival Association a good charity to donate to?
Saco River Festival Association has a Mission Score of 20/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Saco River Festival Association?
The Employer Identification Number (EIN) for Saco River Festival Association is 10344674. 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 Festival Association spend its money?
Saco River Festival Association allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Saco River Festival Association's tax-exempt status?
You can verify Saco River Festival Association's tax-exempt status using EIN 10344674 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 Saco River Festival Association appears to be a very small, potentially inactive, or newly formed organization based on the provided data. With $0 in both revenue and assets, there is no financial activity to analyze regarding spending efficiency or financial health. The lack of financial data makes it impossible to assess their operational efficiency or the allocation of funds. Transparency, in this context, is limited to the fact that they have filed an IRS Form 990, but without financial transactions, there's no programmatic or administrative spending to report on. Further investigation would be needed to determine if this is a new entity awaiting funding, a dormant organization, or one that operates entirely on volunteer effort without reportable financial transactions.