Quick charity verification for Abundance International Inc (EIN: 203354801)
Verdict: Abundance International Inc appears trustworthy
92/100Mission Score
$1.1MRevenue
$807KAssets
2Red Flags
5Strengths
Red Flags
Unusually low expenses relative to revenue, potentially indicating significant asset accumulation without immediate program deployment or incomplete expense reporting.
0% officer compensation for an organization with over $1 million in revenue is highly unusual and might warrant further investigation into how leadership is compensated or if it's entirely volunteer-run.
Strengths
Strong program spending efficiency, with a very high percentage of expenses likely directed to programs.
Significant revenue growth from $1,290 in 2012 to $1,060,919 in 2022, demonstrating increasing support and impact.
Healthy asset accumulation, with assets growing to $806,840, providing financial stability.
Extremely low overall expenses relative to revenue, indicating efficient operations.
Reported 0% officer compensation, suggesting a strong commitment to directing funds to the mission rather than executive salaries.
AI Transparency Report
Abundance International Inc. demonstrates strong financial health and efficiency based on its latest 202212 filing. With revenue of $1,060,919 significantly exceeding expenses of $259,980, the organization is accumulating assets, which stood at $806,840. This substantial surplus indicates effective financial management and a capacity to build reserves for future programs. The organization's spending efficiency is commendable, with a very high proportion of expenses directed towards program services, as evidenced by the low administrative and fundraising costs.
The organization's transparency is good, with publicly available 990 filings. The reported 0% officer compensation in all available filings suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive indicator of resource allocation directly to mission. The significant growth in revenue and assets from 2012 to 2022 also points to increasing operational scale and donor trust.