Quick charity verification for Southern Maine Agency On Aging (EIN: 10360259)
Verdict: Southern Maine Agency On Aging appears trustworthy
92/100Mission Score
$7.9MRevenue
$7.2MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation reported across all filings, indicating high transparency and mission focus.
Stable financial health with assets generally covering a significant portion of annual expenses (e.g., $6,475,638 assets vs. $6,595,923 expenses in 202309).
Positive revenue growth trend over the past five years, from $5,591,745 in 201909 to $6,677,177 in 202309.
Low liabilities relative to assets, with liabilities of $1,623,368 against assets of $6,475,638 in 202309, indicating good financial management.
Spending Breakdown
How Southern Maine Agency On Aging allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Maine Agency On Aging
Is Southern Maine Agency On Aging a legitimate charity?
Based on AI analysis of IRS 990 filings, Southern Maine Agency On Aging (EIN: 10360259) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
Is Southern Maine Agency On Aging a good charity to donate to?
Southern Maine Agency On Aging has a Mission Score of 92/100. Revenue: $7.9M. Assets: $7.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Southern Maine Agency On Aging?
The Employer Identification Number (EIN) for Southern Maine Agency On Aging is 10360259. 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 Maine Agency On Aging spend its money?
Southern Maine Agency On Aging allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Southern Maine Agency On Aging's tax-exempt status?
You can verify Southern Maine Agency On Aging's tax-exempt status using EIN 10360259 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 Maine Agency On Aging demonstrates consistent financial stability with a healthy asset base relative to its annual expenses. In the latest filing (202309), the organization reported $6,475,638 in assets against $6,595,923 in expenses, indicating a strong capacity to cover operational costs. Over the past five years, revenue has fluctuated but generally shown growth, from $5,591,745 in 201909 to $6,677,177 in 202309, suggesting a stable funding environment. The organization consistently reports 0% officer compensation, which is a significant indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice enhances public trust and suggests efficient resource allocation.