Is Albanian American Cultural Center Inc…

Quick charity verification for Albanian American Cultural Center Inc (EIN: 112441884)

Spending Breakdown

How Albanian American Cultural Center Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 Albanian American Cultural Center Inc

Is Albanian American Cultural Center Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Albanian American Cultural Center Inc (EIN: 112441884) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Albanian American Cultural Center Inc a good charity to donate to?

Albanian American Cultural Center Inc has a Mission Score of 85/100. Revenue: $928K. Assets: $3.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Albanian American Cultural Center Inc?

The Employer Identification Number (EIN) for Albanian American Cultural Center Inc is 112441884. 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 Albanian American Cultural Center Inc spend its money?

Albanian American Cultural Center Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Albanian American Cultural Center Inc's tax-exempt status?

You can verify Albanian American Cultural Center Inc's tax-exempt status using EIN 112441884 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 Albanian American Cultural Center Inc demonstrates a mixed financial picture. While the organization has consistently maintained a healthy asset base, reaching $3,228,804 in its latest filing, its revenue and expense figures show significant year-to-year fluctuations. For instance, revenue dropped from $384,396 in 2021 to $129,257 in 2023, while expenses increased from $206,047 in 2023 to $324,009 in 2021. The organization's consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of spending efficiency and transparency. However, the lack of detailed expense breakdowns in the provided data makes a precise assessment of program spending versus administrative or fundraising costs challenging.

Despite the revenue volatility, the organization has managed its liabilities well, with the latest filing showing only $10,800 in liabilities against substantial assets. This indicates good financial management and solvency. The consistent filing of IRS Form 990s over 12 periods demonstrates a commitment to regulatory compliance and transparency. To further enhance transparency, a more detailed breakdown of functional expenses would be beneficial for stakeholders to understand how funds are allocated across programs, administration, and fundraising efforts.

Overall, the Albanian American Cultural Center Inc appears to be a financially stable organization with a commendable record of zero officer compensation, suggesting efficient use of donor funds. Its asset growth and low liabilities are positive signs. However, the variability in annual revenue and expenses, coupled with the absence of detailed functional expense data, presents some limitations in fully assessing its spending efficiency.

Is Albanian American Cultural Center Inc Legit?

Verdict: Albanian American Cultural Center Inc appears trustworthy

Red Flags

Strengths