Is Alfred Technology Resources Inc Legit? —…

Quick charity verification for Alfred Technology Resources Inc (EIN: 161322074)

Strengths

Consistent financial operations with revenues and expenses generally in balance over many years.
Stable asset base, with assets around $3.3-$3.4 million in recent periods, indicating sound financial management.
No reported officer compensation, potentially indicating a highly efficient and volunteer-driven leadership structure.
Long filing history (13 filings) demonstrates consistent compliance and operational longevity.

Spending Breakdown

How Alfred Technology Resources 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 Alfred Technology Resources Inc

Is Alfred Technology Resources Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Alfred Technology Resources Inc (EIN: 161322074) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Alfred Technology Resources Inc a good charity to donate to?

Alfred Technology Resources Inc has a Mission Score of 85/100. Revenue: $1.9M. Assets: $3.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Alfred Technology Resources Inc?

The Employer Identification Number (EIN) for Alfred Technology Resources Inc is 161322074. 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 Alfred Technology Resources Inc spend its money?

Alfred Technology Resources Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Alfred Technology Resources Inc's tax-exempt status?

You can verify Alfred Technology Resources Inc's tax-exempt status using EIN 161322074 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

Alfred Technology Resources Inc demonstrates consistent financial operations, with revenues and expenses generally in a similar range over the past several years. For the period ending 202306, the organization reported revenues of $1,543,058 against expenses of $1,566,536, indicating a slight deficit. The organization's assets have remained relatively stable, hovering around $3.3 million to $3.4 million in recent years, with liabilities also showing consistency. This suggests a predictable financial environment.

The organization's spending efficiency appears to be sound, though specific program, administrative, and fundraising expense breakdowns are not provided in the summary data. However, the consistent revenue and expense figures, along with stable asset and liability levels, suggest a well-managed operation. A notable aspect is the reported 0% officer compensation across all available filings, which indicates either a volunteer-led executive team or compensation being reported under other expense categories, warranting further investigation for full transparency.

Overall, Alfred Technology Resources Inc appears to be a stable organization based on its financial history. The absence of reported officer compensation is a significant transparency point that could be viewed positively as a cost-saving measure, or it could indicate a need for more detailed disclosure on how executive functions are compensated, if at all, to fully assess financial transparency.

Is Alfred Technology Resources Inc Legit?

Verdict: Alfred Technology Resources Inc appears trustworthy

Red Flags