Is United Way Of Kennebec Valley Legit? —…

Quick charity verification for United Way Of Kennebec Valley (EIN: 16004404)

Spending Breakdown

How United Way Of Kennebec Valley allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

10%

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 United Way Of Kennebec Valley

Is United Way Of Kennebec Valley a legitimate charity?

Based on AI analysis of IRS 990 filings, United Way Of Kennebec Valley (EIN: 16004404) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is United Way Of Kennebec Valley a good charity to donate to?

United Way Of Kennebec Valley has a Mission Score of 85/100. Revenue: $2.1M. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for United Way Of Kennebec Valley?

The Employer Identification Number (EIN) for United Way Of Kennebec Valley is 16004404. 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 United Way Of Kennebec Valley spend its money?

United Way Of Kennebec Valley allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify United Way Of Kennebec Valley's tax-exempt status?

You can verify United Way Of Kennebec Valley's tax-exempt status using EIN 16004404 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

United Way Of Kennebec Valley demonstrates a generally stable financial position, with assets consistently growing over the past decade, reaching $3,568,496. While revenue has fluctuated, it has largely remained above $1.5 million annually, with the latest reported revenue at $2,061,564. The organization's spending efficiency appears reasonable, though a detailed breakdown of program, administrative, and fundraising expenses is needed for a complete assessment. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of transparency and financial stewardship.

However, the 202312 filing shows expenses ($1,872,696) exceeding revenue ($1,605,768) by a significant margin, leading to a deficit for that period. This trend, if continued, could impact long-term financial health, despite the overall asset growth. The organization's liabilities have also shown an upward trend, reaching $936,146 in 202312, which warrants monitoring. The absence of reported officer compensation is a strong point for transparency, as it indicates that the highest-ranking individuals are not receiving salaries from the organization, or that compensation is below the reporting threshold for officers.

Is United Way Of Kennebec Valley Legit?

Verdict: United Way Of Kennebec Valley appears trustworthy

Red Flags

Strengths