Is Society Of Mayflower Descendants In The State Of Maine Legit?
Quick charity verification for Society Of Mayflower Descendants In The State Of Maine (EIN: 10427726)
Verdict: Society Of Mayflower Descendants In The State Of Maine shows mixed signals
65/100Mission Score
$75KRevenue
$280KAssets
2Red Flags
3Strengths
Red Flags
Recurring operational deficits (expenses exceeding revenue in 7 of 10 periods)
Significant decline in assets over the last two years (from $423,209 in 2021 to $303,361 in 2023)
Strengths
Zero officer compensation, indicating highly efficient leadership costs
Consistent transparency with 13 IRS 990 filings
Minimal to no liabilities reported across all periods
Spending Breakdown
How Society Of Mayflower Descendants In The State Of Maine allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Society Of Mayflower Descendants In The State Of Maine
Is Society Of Mayflower Descendants In The State Of Maine a legitimate charity?
Based on AI analysis of IRS 990 filings, Society Of Mayflower Descendants In The State Of Maine (EIN: 10427726) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Society Of Mayflower Descendants In The State Of Maine a good charity to donate to?
Society Of Mayflower Descendants In The State Of Maine has a Mission Score of 65/100. Revenue: $75K. Assets: $280K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Society Of Mayflower Descendants In The State Of Maine?
The Employer Identification Number (EIN) for Society Of Mayflower Descendants In The State Of Maine is 10427726. 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 Society Of Mayflower Descendants In The State Of Maine spend its money?
Society Of Mayflower Descendants In The State Of Maine allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Society Of Mayflower Descendants In The State Of Maine's tax-exempt status?
You can verify Society Of Mayflower Descendants In The State Of Maine's tax-exempt status using EIN 10427726 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 Society Of Mayflower Descendants In The State Of Maine demonstrates consistent financial transparency, with 13 filings available and no reported officer compensation across all periods, indicating a volunteer-led or very low-cost leadership structure. However, the organization has experienced significant fluctuations in its financial health. In 2023, expenses of $93,714 exceeded revenue of $66,399, resulting in a deficit. This trend of expenses exceeding revenue is also evident in 2022 ($103,826 expenses vs. $11,293 revenue) and several other years, suggesting a reliance on accumulated assets or inconsistent funding. While assets remain substantial at $303,361 in 2023, the consistent deficits could erode these over time if not addressed.
The spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the absence of officer compensation suggests a lean operational model at the leadership level. The organization's liabilities have consistently been reported as $0, except for a minor $219 in 2019, indicating sound financial management in terms of debt. The primary concern for long-term sustainability is the recurring operational deficits, which could impact its ability to fulfill its mission effectively in the future.