Quick charity verification for Addison Point Specialized Services Inc (EIN: 10440635)
Verdict: Addison Point Specialized Services Inc shows mixed signals
65/100Mission Score
$646KRevenue
$297KAssets
3Red Flags
2Strengths
Red Flags
Significant and consistent decline in revenue and expenses over the past decade, indicating potential operational challenges or scaling down.
Recurring instances of liabilities exceeding assets in recent years (e.g., 202006: Liabilities $405,443 vs. Assets $371,536), suggesting potential solvency issues.
0% officer compensation reported across all filings, which is unusual for an organization of its historical size and could indicate a lack of transparency if compensation is hidden elsewhere or raise questions about leadership sustainability.
Strengths
Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds to programs rather than executive salaries.
Long filing history (10 filings), demonstrating consistent compliance with IRS reporting requirements.
Spending Breakdown
How Addison Point Specialized Services Inc 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 Addison Point Specialized Services Inc
Is Addison Point Specialized Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Addison Point Specialized Services Inc (EIN: 10440635) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Addison Point Specialized Services Inc a good charity to donate to?
Addison Point Specialized Services Inc has a Mission Score of 65/100. Revenue: $646K. Assets: $297K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Addison Point Specialized Services Inc?
The Employer Identification Number (EIN) for Addison Point Specialized Services Inc is 10440635. 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 Addison Point Specialized Services Inc spend its money?
Addison Point Specialized Services Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Addison Point Specialized Services Inc's tax-exempt status?
You can verify Addison Point Specialized Services Inc's tax-exempt status using EIN 10440635 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
Addison Point Specialized Services Inc has experienced a significant decline in revenue and expenses over the past decade, from a peak revenue of $3,303,798 in 2014 to $645,513 currently. This substantial contraction suggests a potential scaling down of operations or a shift in funding. Despite this, the organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. However, the consistent reporting of liabilities exceeding assets in several recent periods (e.g., 202006, 201906, 201806, 201706, 201606, 201506) raises concerns about its long-term financial stability and ability to cover its obligations. The latest available assets are $297,428, which is considerably lower than its peak assets of $477,756 in 2014.