Long-standing presence with financial data spanning over a decade, showing organizational resilience.
Spending Breakdown
How Veterans Of Foreign Wars Of The United States Dept Of Maine 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 Veterans Of Foreign Wars Of The United States Dept Of Maine
Is Veterans Of Foreign Wars Of The United States Dept Of Maine a legitimate charity?
Based on AI analysis of IRS 990 filings, Veterans Of Foreign Wars Of The United States Dept Of Maine (EIN: 10410982) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Veterans Of Foreign Wars Of The United States Dept Of Maine a good charity to donate to?
Veterans Of Foreign Wars Of The United States Dept Of Maine has a Mission Score of 90/100. Revenue: $252K. Assets: $323K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Veterans Of Foreign Wars Of The United States Dept Of Maine?
The Employer Identification Number (EIN) for Veterans Of Foreign Wars Of The United States Dept Of Maine is 10410982. 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 Veterans Of Foreign Wars Of The United States Dept Of Maine spend its money?
Veterans Of Foreign Wars Of The United States Dept Of Maine allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Veterans Of Foreign Wars Of The United States Dept Of Maine's tax-exempt status?
You can verify Veterans Of Foreign Wars Of The United States Dept Of Maine's tax-exempt status using EIN 10410982 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
Veterans Of Foreign Wars Of The United States Dept Of Maine demonstrates consistent financial stability with assets growing from $13,672 in 2010 to $305,358 in 2024. The organization's revenue has fluctuated, with a notable increase from $46,014 in 2010 to a peak of $118,917 in 2022, before a slight decline to $93,092 in 2024. Expenses have generally tracked revenue, indicating a balanced operational approach. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer-driven leadership and efficient use of funds for its mission. While specific program spending ratios are not detailed in the provided data, the absence of officer compensation suggests a high proportion of funds likely go directly to programs or operational support for veterans.
The organization's financial health appears sound, maintaining positive assets and relatively low liabilities across all reported periods. The consistent filing of IRS 990s over many years, with seven filings provided, indicates good transparency practices. The growth in assets over the long term, despite some year-to-year fluctuations in revenue and expenses, suggests prudent financial management. The latest period shows expenses slightly exceeding revenue ($95,077 vs $93,092), which is a minor deficit but not indicative of long-term instability given the overall asset base.
Overall, Veterans Of Foreign Wars Of The United States Dept Of Maine appears to be a financially stable and transparent organization, particularly commendable for its volunteer leadership and asset growth. The consistent reporting and lack of executive compensation are strong positive indicators for donors seeking efficient and mission-focused charities.