Is Alcorn State University National Alumni Association Foundation Inc Legit?

Quick charity verification for Alcorn State University National Alumni Association Foundation Inc (EIN: 201459523)

Verdict: Alcorn State University National Alumni Association Foundation Inc appears trustworthy

70/100Mission Score
$37KRevenue
$273KAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Alcorn State University National Alumni Association Foundation 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
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 Alcorn State University National Alumni Association Foundation Inc

Is Alcorn State University National Alumni Association Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Alcorn State University National Alumni Association Foundation Inc (EIN: 201459523) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Alcorn State University National Alumni Association Foundation Inc a good charity to donate to?

Alcorn State University National Alumni Association Foundation Inc has a Mission Score of 70/100. Revenue: $37K. Assets: $273K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Alcorn State University National Alumni Association Foundation Inc?

The Employer Identification Number (EIN) for Alcorn State University National Alumni Association Foundation Inc is 201459523. 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 Alcorn State University National Alumni Association Foundation Inc spend its money?

Alcorn State University National Alumni Association Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Alcorn State University National Alumni Association Foundation Inc's tax-exempt status?

You can verify Alcorn State University National Alumni Association Foundation Inc's tax-exempt status using EIN 201459523 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 Alcorn State University National Alumni Association Foundation Inc. demonstrates a consistent commitment to transparency, as evidenced by its regular IRS 990 filings over the past decade. The organization's financial health, however, shows some volatility in revenue and expenses. For instance, in 2023, expenses ($39,793) exceeded revenue ($20,399), leading to a deficit. This trend of expenses often outpacing revenue is visible in several recent years (e.g., 2022, 2021, 2020, 2018), which could indicate reliance on prior year surpluses or asset drawdowns. Despite these operational deficits, the organization has maintained a stable asset base, with assets around $260,000-$280,000 in recent years, and consistently reports zero liabilities, suggesting a strong balance sheet in terms of debt. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses within the provided data. However, the consistent reporting of 0% officer compensation across all filings suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can be a positive indicator of resource allocation towards mission-related activities. The organization's primary function as an alumni association foundation likely involves supporting the university, and a deeper dive into their program service accomplishments would be necessary to fully evaluate their impact. Overall, the foundation appears transparent in its financial reporting, but its operational sustainability warrants closer examination due to recurring deficits. The consistent asset base and lack of liabilities are positive indicators of financial stability, but the ability to generate sufficient revenue to cover expenses consistently is a key area for improvement to ensure long-term financial health and program delivery.

View Full Transparency Report →

Disclaimer

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

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