Quick charity verification for Sanford Food Pantry (EIN: 10518659)
Verdict: Sanford Food Pantry appears trustworthy
95/100Mission Score
$40KRevenue
$359KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero liabilities reported across all filings, indicating strong financial health.
0% officer compensation, demonstrating highly efficient use of funds and volunteer leadership.
Significant asset growth from $187,476 in 202006 to $358,544 in 202406, enhancing long-term stability.
Consistent filing of IRS Form 990s over 15 periods, showing strong transparency.
Substantial asset base relative to annual revenue, providing financial resilience.
Spending Breakdown
How Sanford Food Pantry allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Sanford Food Pantry
Is Sanford Food Pantry a legitimate charity?
Based on AI analysis of IRS 990 filings, Sanford Food Pantry (EIN: 10518659) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Sanford Food Pantry a good charity to donate to?
Sanford Food Pantry has a Mission Score of 95/100. Revenue: $40K. Assets: $359K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sanford Food Pantry?
The Employer Identification Number (EIN) for Sanford Food Pantry is 10518659. 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 Sanford Food Pantry spend its money?
Sanford Food Pantry allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sanford Food Pantry's tax-exempt status?
You can verify Sanford Food Pantry's tax-exempt status using EIN 10518659 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
Sanford Food Pantry demonstrates consistent financial stability with a strong asset base relative to its annual revenue. For the fiscal period ending 202406, the organization reported assets of $358,544 against revenues of $37,869, indicating a substantial reserve. The organization consistently operates with minimal to no liabilities, as shown by $0 liabilities across all reported periods, which is a strong indicator of sound financial management and low financial risk. While recent years (202306, 202406) show expenses slightly exceeding revenue, the overall trend over the past five years indicates a healthy growth in assets from $187,476 in 202006 to $358,544 in 202406, suggesting effective fundraising and asset accumulation.
The organization's spending efficiency appears robust, particularly given its mission as a food pantry. The absence of reported officer compensation across all filings suggests that the organization is likely volunteer-run at the executive level, which significantly reduces administrative overhead and maximizes funds available for programs. This commitment to minimizing administrative costs directly benefits its programmatic impact. The consistent filing of IRS Form 990s over 15 periods demonstrates a commitment to transparency, providing a clear historical record of its financial operations.
Overall, Sanford Food Pantry exhibits strong financial health, excellent spending efficiency due to its volunteer-led structure, and a good level of transparency through its consistent public filings. Its substantial asset base provides a buffer against revenue fluctuations, ensuring long-term sustainability for its mission.