Is University Of Maine Student Government Inc Legit?
Quick charity verification for University Of Maine Student Government Inc (EIN: 10319421)
Verdict: University Of Maine Student Government Inc appears trustworthy
85/100Mission Score
$862KRevenue
$436KAssets
2Red Flags
4Strengths
Red Flags
Significant fluctuation in assets without clear explanation in provided data
Periods of deficit spending (e.g., 202306, 202206) where expenses exceeded revenue
Strengths
Consistent reporting of 0% officer compensation
Low liabilities relative to assets
Consistent IRS 990 filing history (14 filings) demonstrating transparency
Return to operating surplus in the latest fiscal period (202406)
Spending Breakdown
How University Of Maine Student Government Inc 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 University Of Maine Student Government Inc
Is University Of Maine Student Government Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, University Of Maine Student Government Inc (EIN: 10319421) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is University Of Maine Student Government Inc a good charity to donate to?
University Of Maine Student Government Inc has a Mission Score of 85/100. Revenue: $862K. Assets: $436K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for University Of Maine Student Government Inc?
The Employer Identification Number (EIN) for University Of Maine Student Government Inc is 10319421. 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 University Of Maine Student Government Inc spend its money?
University Of Maine Student Government Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify University Of Maine Student Government Inc's tax-exempt status?
You can verify University Of Maine Student Government Inc's tax-exempt status using EIN 10319421 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 University Of Maine Student Government Inc demonstrates consistent financial activity, with revenues and expenses generally in the range of $700,000 to $860,000 over the past decade. In the most recent filing (202406), the organization reported revenue of $861,576 and expenses of $807,430, resulting in a surplus for the period. This marks a positive shift from the previous two periods (202306 and 202206) where expenses exceeded revenue, indicating a return to more sustainable operations.
The organization's assets have fluctuated, reaching a high of $940,490 in 202106 and currently standing at $436,478. Liabilities remain relatively low, at $17,999 in the latest period, suggesting good financial management and limited debt. A key aspect of their transparency is the consistent reporting of 0% officer compensation across all available filings, which indicates that the student government leadership is not drawing salaries from the organization's funds.
While specific program spending details are not provided in the summary data, the overall financial health appears stable, with a recent trend towards operating within its means. The consistent filing of IRS Form 990s over 14 periods demonstrates a commitment to regulatory compliance and financial transparency.