Gorham Educational Foundation Inc
Gorham Educational Foundation operates with minimal revenue and expenses, showing no officer compensation.
EIN: 134336203 · Gorham, ME · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $10K |
| Program Spending | 80% |
| Net Assets | $9K |
| Transparency Score | 75/100 |
Is Gorham Educational Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gorham Educational Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gorham Educational Foundation Inc
Gorham Educational Foundation Inc (EIN: 134336203) is a nonprofit organization based in Gorham, ME, classified under NTEE code T30. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gorham Educational Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gorham Educational Foundation Inc is a micro nonprofit that has been operating for 20 years.
Key Financial Metrics (2010)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $10K |
| Surplus / Deficit | +$2K |
| Total Assets | $9K |
| Net Assets | $9K |
| Operating Margin | 16.3% |
| Months of Reserves | 10.2 months |
Financial Health Grade: A
In 2010, Gorham Educational Foundation Inc reported a surplus of $2K with revenue exceeding expenses, holds 10.2 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gorham Educational Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Gorham Educational Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2010)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reported 0% officer compensation, indicating that its leadership likely serves in a volunteer capacity, which is commendable for a small nonprofit and ensures more funds are available for its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Gorham Educational Foundation Inc's IRS 990 filings:
- Limited financial data (only one filing available)
- Zero reported revenue and assets in the latest period, suggesting dormancy or reporting issues since the last filing
Strengths
The following positive indicators were identified for Gorham Educational Foundation Inc:
- No officer compensation reported (0%), indicating volunteer leadership
- No liabilities reported ($0), suggesting financial stability
- Expenses ($10,297) are less than revenue ($12,303), indicating fiscal responsibility
Frequently Asked Questions about Gorham Educational Foundation Inc
Is Gorham Educational Foundation Inc a legitimate charity?
Gorham Educational Foundation Inc (EIN: 134336203) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Gorham Educational Foundation Inc spend its money?
Gorham Educational Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Gorham Educational Foundation Inc tax-deductible?
Gorham Educational Foundation Inc is registered as a tax-exempt nonprofit (EIN: 134336203). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Gorham Educational Foundation Inc's spending goes to programs?
Gorham Educational Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Gorham Educational Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Gorham Educational Foundation Inc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gorham Educational Foundation Inc located?
Gorham Educational Foundation Inc is headquartered in Gorham, Maine and files with the IRS under EIN 134336203. It is classified under NTEE code T30.
Is Gorham Educational Foundation Inc a good charity?
Based on the available data, the Gorham Educational Foundation Inc. appears to be a legitimate, small-scale charity. Its lack of officer compensation and modest expenses relative to revenue suggest a commitment to its mission. However, its impact is likely localized due to its small financial footprint.
What is the primary source of funding for Gorham Educational Foundation Inc?
The IRS 990 filing for the period 201006 shows total revenue of $12,303. Without further detail on the specific types of revenue (e.g., contributions, grants), it's difficult to pinpoint the exact primary source, but it would be from donations or fundraising activities.
How has the organization's financial health changed over time?
With only one filing available (Period 201006), it is not possible to assess changes in the organization's financial health over time. More historical data would be needed for such an analysis.
Filing History
IRS 990 filing history for Gorham Educational Foundation Inc showing financial trends over 1 year of public records:
In its most recent filing year (2010), Gorham Educational Foundation Inc reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2010 | $12K | $10K | $9K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gorham Educational Foundation Inc:
Data Sources and Methodology
This transparency report for Gorham Educational Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.