Quick charity verification for Alabama Self Storage Association (EIN: 200998489)
Verdict: Alabama Self Storage Association appears trustworthy
85/100Mission Score
$45KRevenue
$96KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Strong financial growth and stability, with revenue consistently exceeding expenses in recent periods.
No reported liabilities across all filings, indicating excellent financial management and no debt.
0% officer compensation, suggesting a volunteer-driven model and efficient use of funds.
Consistent asset growth, from $28,866 in 2013 to $75,152 in 2023, demonstrating increasing financial reserves.
Spending Breakdown
How Alabama Self Storage Association allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Alabama Self Storage Association
Is Alabama Self Storage Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Alabama Self Storage Association (EIN: 200998489) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Alabama Self Storage Association a good charity to donate to?
Alabama Self Storage Association has a Mission Score of 85/100. Revenue: $45K. Assets: $96K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Alabama Self Storage Association?
The Employer Identification Number (EIN) for Alabama Self Storage Association is 200998489. 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 Alabama Self Storage Association spend its money?
Alabama Self Storage Association allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Alabama Self Storage Association's tax-exempt status?
You can verify Alabama Self Storage Association's tax-exempt status using EIN 200998489 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
The Alabama Self Storage Association demonstrates consistent financial stability, with its latest filing showing revenue of $72,350 significantly exceeding expenses of $39,261, leading to a healthy increase in assets to $75,152. This positive trend is a marked improvement from earlier periods, such as 2013 where expenses ($51,654) outstripped revenue ($40,484). The organization's financial health appears robust, with no reported liabilities across all filings, indicating sound financial management and a lack of debt. The absence of officer compensation reported in all available filings suggests a volunteer-driven leadership model, which can contribute to lower administrative costs and a greater proportion of funds being directed towards its mission.