Is Southern Kennebec Child Development Corporation Legit?
Quick charity verification for Southern Kennebec Child Development Corporation (EIN: 10285449)
Verdict: Southern Kennebec Child Development Corporation appears trustworthy
90/100Mission Score
$6.3MRevenue
$3.6MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided summary data, making precise efficiency analysis challenging.
Strengths
Consistent operating surpluses in most recent years (e.g., $209,005 in 202405, $267,617 in 202305).
Steady growth in assets over the past decade, from $2,101,581 in 2015 to $3,378,283 in 2024.
Zero reported officer compensation across all filings, indicating high transparency and dedication of funds to mission.
Healthy revenue growth, increasing from $3.8 million in 2015 to over $5.7 million in 2024.
Relatively low liabilities compared to assets, suggesting strong financial stability (e.g., $710,111 liabilities vs. $3,378,283 assets in 202405).
Spending Breakdown
How Southern Kennebec Child Development Corporation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Southern Kennebec Child Development Corporation
Is Southern Kennebec Child Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Southern Kennebec Child Development Corporation (EIN: 10285449) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Southern Kennebec Child Development Corporation a good charity to donate to?
Southern Kennebec Child Development Corporation has a Mission Score of 90/100. Revenue: $6.3M. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Southern Kennebec Child Development Corporation?
The Employer Identification Number (EIN) for Southern Kennebec Child Development Corporation is 10285449. 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 Southern Kennebec Child Development Corporation spend its money?
Southern Kennebec Child Development Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Southern Kennebec Child Development Corporation's tax-exempt status?
You can verify Southern Kennebec Child Development Corporation's tax-exempt status using EIN 10285449 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
Southern Kennebec Child Development Corporation demonstrates consistent financial health with a steady increase in revenue and assets over the past decade. In the latest filing (Period 202405), the organization reported revenues of $5,705,642 against expenses of $5,496,637, indicating a healthy operating surplus. The organization's assets have grown from $2,101,581 in 2015 to $3,378,283 in 2024, suggesting good financial management and capacity building. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries.
Spending efficiency appears strong, given the consistent operating surpluses in most recent years. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the absence of officer compensation suggests a lean operational structure at the top. The organization's ability to maintain a positive net asset position and grow its asset base while consistently incurring expenses close to its revenue indicates efficient use of resources. The relatively low liabilities compared to assets also points to a stable financial position.
Overall, Southern Kennebec Child Development Corporation exhibits a robust financial profile. The consistent growth, positive operating margins, and zero reported officer compensation contribute to a positive assessment of its financial health and transparency. The organization appears to be well-managed, with a focus on sustainable operations and effective resource allocation.