Is Agena Legit?

Quick charity verification for Agena (EIN: 203316363)

Verdict: Agena appears trustworthy

75/100Mission Score

$39.3MRevenue

$122.6MAssets

3Red Flags

3Strengths

Red Flags

Extreme volatility in annual revenue makes financial planning and sustainability difficult to assess.
Unusually low reported expenses relative to revenue in multiple periods (e.g., $26,243 expenses on $19,123,586 revenue in 2023) raises questions about how funds are utilized or categorized.
Consistent 0% officer compensation for an organization with over $122 million in assets is highly atypical and warrants further scrutiny regarding executive oversight and compensation practices.

Strengths

Consistent growth in assets, reaching $122,571,577, indicates strong financial accumulation and potential for long-term impact.
Zero reported officer compensation suggests a highly lean administrative structure or a strong volunteer leadership model.
The organization's NTEE code (P11) suggests a focus on housing development, which is a critical area of need.

Spending Breakdown

How Agena allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Agena

Is Agena a legitimate charity?

Based on AI analysis of IRS 990 filings, Agena (EIN: 203316363) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

Is Agena a good charity to donate to?

Agena has a Mission Score of 75/100. Revenue: $39.3M. Assets: $122.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Agena?

The Employer Identification Number (EIN) for Agena is 203316363. 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 Agena spend its money?

Agena allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Agena's tax-exempt status?

You can verify Agena's tax-exempt status using EIN 203316363 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

Agena demonstrates a highly variable financial performance over the past decade, with revenues fluctuating significantly year-to-year. For instance, revenue jumped from $338,883 in 2018 to $10,771,624 in 2019, and then to $21,904,761 in 2021, before a sharp drop to $277,638 in 2022 and a rebound to $19,123,586 in 2023. This volatility makes consistent financial planning and assessment challenging. Despite these fluctuations, the organization has consistently grown its assets, reaching $122,571,577 in the latest period, indicating strong asset accumulation.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, a notable observation is the extremely low reported expenses in several periods relative to revenue, such as $20,991 in expenses against $2,667,800 in revenue in 2015, or $26,243 in expenses against $19,123,586 in revenue in 2023. This suggests that a significant portion of revenue is not being spent on operational activities in the same fiscal year, potentially being held as assets or invested. The NTEE code P11 (Housing Development, Construction & Management) suggests capital-intensive activities, which might explain the asset growth and lower operational expenses relative to revenue.

Transparency regarding executive compensation is high, as the organization consistently reports 0% officer compensation across all available filings. This indicates that no compensation is paid to officers, or it is not reported in a way that is captured by this metric. Further investigation into the nature of their operations and how expenses are categorized would be beneficial to fully understand their spending efficiency and program delivery given the NTEE code.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.