Quick charity verification for The Maine Morgan Horse Club Inc (EIN: 10379061)
Verdict: The Maine Morgan Horse Club Inc has notable concerns
20/100Mission Score
$0Revenue
$0Assets
3Red Flags
1Strengths
Red Flags
Latest reported revenue and assets are $0, suggesting inactivity.
Significant historical revenue volatility, including negative revenue in 2020.
Lack of detailed expense breakdown (program, admin, fundraising) in provided data.
Strengths
Consistent 0% officer compensation across all filings.
Spending Breakdown
How The Maine Morgan Horse Club Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
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 The Maine Morgan Horse Club Inc
Is The Maine Morgan Horse Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Maine Morgan Horse Club Inc (EIN: 10379061) has notable concerns. Mission Score: 20/100. 3 red flags identified, 1 strength noted.
Is The Maine Morgan Horse Club Inc a good charity to donate to?
The Maine Morgan Horse Club Inc has a Mission Score of 20/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Maine Morgan Horse Club Inc?
The Employer Identification Number (EIN) for The Maine Morgan Horse Club Inc is 10379061. 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 The Maine Morgan Horse Club Inc spend its money?
The Maine Morgan Horse Club Inc allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Maine Morgan Horse Club Inc's tax-exempt status?
You can verify The Maine Morgan Horse Club Inc's tax-exempt status using EIN 10379061 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 Maine Morgan Horse Club Inc. appears to be a very small organization, as indicated by its recent financial filings. The latest reported revenue and assets are $0, which suggests minimal or no current activity. Looking at historical data, the organization has experienced significant fluctuations in revenue and expenses. For example, in 2015, it reported $94,712 in revenue and $99,025 in expenses, while in 2020, it reported negative revenue of $-3,182. This volatility, coupled with the current zero revenue and assets, raises questions about its operational status and long-term sustainability.
The organization consistently reports 0% officer compensation across all available filings, which is a positive indicator for donor trust regarding executive pay. However, without detailed expense breakdowns for program, administrative, and fundraising costs, it's impossible to assess spending efficiency accurately. The lack of recent financial activity makes it difficult to evaluate current financial health or program impact. The organization's transparency is limited by the absence of detailed financial statements beyond the summary 990 data, especially concerning how funds were utilized when it was more active.