Quick charity verification for Allex Inc (EIN: 203252049)
Verdict: Allex Inc appears trustworthy
75/100Mission Score
$864KRevenue
$747KAssets
3Red Flags
3Strengths
Red Flags
Frequent deficit spending (expenses exceeding revenue), as seen in 202309 ($544,032 expenses vs. $526,071 revenue)
Significant decline in total assets over time, from $1,708,723 in 201703 to $762,519 in 202309
Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes full spending efficiency assessment difficult
Strengths
Consistent 0% officer compensation across all filings, indicating strong commitment to mission over executive pay
Regular and consistent IRS 990 filing history, demonstrating good transparency
Recent positive trend in revenue growth from 202109 to 202309
Spending Breakdown
How Allex Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Allex Inc
Is Allex Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Allex Inc (EIN: 203252049) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Allex Inc a good charity to donate to?
Allex Inc has a Mission Score of 75/100. Revenue: $864K. Assets: $747K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Allex Inc?
The Employer Identification Number (EIN) for Allex Inc is 203252049. 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 Allex Inc spend its money?
Allex Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Allex Inc's tax-exempt status?
You can verify Allex Inc's tax-exempt status using EIN 203252049 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
Allex Inc. demonstrates a mixed financial picture based on its IRS 990 filings. While the organization has a consistent filing history, indicating good transparency in reporting, its financial health has seen significant fluctuations. Revenue has varied considerably, from a low of $81,144 in 202009 to a high of $978,648 in 202003. More recently, revenue has been on an upward trend from $319,553 in 202109 to $526,071 in 202309, which is a positive sign. However, the organization has frequently operated with expenses exceeding revenue, such as in 202309 where expenses were $544,032 against $526,071 in revenue, leading to a deficit. This pattern of spending more than it takes in could impact long-term sustainability if not managed effectively.
The organization's assets have also shown a declining trend over the past few years, from a peak of $1,708,723 in 201703 to $762,519 in 202309. This reduction in assets, coupled with periods of deficit spending, suggests a need for careful financial management. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards the organization's mission rather than executive salaries, which is a significant strength in terms of spending efficiency and donor trust. However, without a detailed breakdown of expenses (program, administrative, fundraising), a complete assessment of spending efficiency is challenging.