Is 2301 W San Bernardino Ave Investment Group Inc Legit?
Quick charity verification for 2301 W San Bernardino Ave Investment Group Inc (EIN: 202834066)
Verdict: 2301 W San Bernardino Ave Investment Group Inc appears trustworthy
85/100Mission Score
$15.6MRevenue
$248.6MAssets
2Red Flags
3Strengths
Red Flags
Consistent 0% officer compensation despite significant assets and revenue, raising questions about executive compensation transparency.
Reported $0 expenses for multiple years (2014-2016) which is highly unusual for an active organization with reported revenue.
Strengths
Exceptional asset growth, from $76.8 million in 2014 to $267.5 million in 2023, indicating strong financial management.
Consistent revenue growth, particularly in recent years, demonstrating increasing financial capacity.
Low liability-to-asset ratio, with liabilities at $51.6 million against $267.5 million in assets in 2023, suggesting financial stability.
Spending Breakdown
How 2301 W San Bernardino Ave Investment Group Inc allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
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 2301 W San Bernardino Ave Investment Group Inc
Is 2301 W San Bernardino Ave Investment Group Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, 2301 W San Bernardino Ave Investment Group Inc (EIN: 202834066) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is 2301 W San Bernardino Ave Investment Group Inc a good charity to donate to?
2301 W San Bernardino Ave Investment Group Inc has a Mission Score of 85/100. Revenue: $15.6M. Assets: $248.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for 2301 W San Bernardino Ave Investment Group Inc?
The Employer Identification Number (EIN) for 2301 W San Bernardino Ave Investment Group Inc is 202834066. 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 2301 W San Bernardino Ave Investment Group Inc spend its money?
2301 W San Bernardino Ave Investment Group Inc allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify 2301 W San Bernardino Ave Investment Group Inc's tax-exempt status?
You can verify 2301 W San Bernardino Ave Investment Group Inc's tax-exempt status using EIN 202834066 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
2301 W San Bernardino Ave Investment Group Inc demonstrates a strong financial position with consistently growing assets and revenue over the past decade. The organization's assets have grown significantly from $76.8 million in 2014 to $267.5 million in 2023, indicating robust financial management and asset accumulation. Revenue has also seen substantial growth, particularly in recent years, reaching $8.7 million in 2023 from $1.0 million in 2014.
However, a notable aspect of their financial reporting is the consistent zero officer compensation across all available filings. While this might suggest a volunteer-led or highly efficient executive structure, it could also raise questions about the nature of their operations and whether executive functions are compensated through other means or entities not immediately apparent in the standard officer compensation section of the 990. The NTEE code S47 (Community Development Financial Institutions) suggests a focus on financial services for community development, which aligns with asset growth.
Given the available data, the organization appears financially healthy and capable of sustaining its operations. The absence of reported officer compensation, while potentially a strength in terms of cost efficiency, warrants further investigation to fully understand the executive compensation structure and ensure complete transparency. The consistent growth in assets and revenue, coupled with a relatively stable liability profile, points to a well-managed and financially secure entity.