Quick charity verification for Somes Pond Center (EIN: 10546382)
Verdict: Somes Pond Center appears trustworthy
85/100Mission Score
$39KRevenue
$1.1MAssets
2Red Flags
4Strengths
Red Flags
Frequent annual operating deficits (e.g., 2023: $21,775 revenue vs. $51,664 expenses), indicating reliance on reserves or other funding sources.
Inconsistent revenue generation, making long-term financial planning potentially challenging.
Strengths
Strong asset base consistently over $1.1 million, providing significant financial stability.
Extremely low liabilities, often just $1, indicating minimal debt burden.
0% officer compensation reported across all filings, suggesting efficient use of funds for leadership or a volunteer-driven model.
Consistent IRS 990 filing history, demonstrating good transparency and compliance.
Spending Breakdown
How Somes Pond Center 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 Somes Pond Center
Is Somes Pond Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Somes Pond Center (EIN: 10546382) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Somes Pond Center a good charity to donate to?
Somes Pond Center has a Mission Score of 85/100. Revenue: $39K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Somes Pond Center?
The Employer Identification Number (EIN) for Somes Pond Center is 10546382. 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 Somes Pond Center spend its money?
Somes Pond Center allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Somes Pond Center's tax-exempt status?
You can verify Somes Pond Center's tax-exempt status using EIN 10546382 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
Somes Pond Center demonstrates consistent financial stability with over $1.1 million in assets across all reported periods, significantly outweighing its annual revenues and expenses. The organization consistently reports minimal liabilities, often just $1, indicating a very low debt burden. However, the organization frequently operates at a deficit, with expenses exceeding revenue in multiple years, such as in 2023 where expenses were $51,664 against revenues of $21,775. This suggests reliance on its substantial asset base or prior year surpluses to cover operational costs. The consistent reporting of 0% officer compensation across all filings indicates a volunteer-led or very lean administrative structure, which is a positive sign for donor confidence regarding executive pay. The organization's transparency is good, with a consistent filing history over many years.