Is Alliance For Strategic Growth Inc Legit?

Quick charity verification for Alliance For Strategic Growth Inc (EIN: 20670190)

Verdict: Alliance For Strategic Growth Inc appears trustworthy

75/100Mission Score

$3.8MRevenue

$2.3MAssets

2Red Flags

3Strengths

Red Flags

Consistent 0% officer compensation without further explanation, which is atypical for an organization of this size and revenue.
Significant and proportional increase in both assets and liabilities in the latest filing period (2023) without clear context, potentially indicating new debt or capital projects.

Strengths

Consistent near break-even operations over many years, indicating careful financial management.
Strong asset growth in the latest period, from $972,616 in 2022 to $2,426,690 in 2023.
Long history of IRS 990 filings (13 filings), demonstrating consistent reporting.

Spending Breakdown

How Alliance For Strategic Growth Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

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 Alliance For Strategic Growth Inc

Is Alliance For Strategic Growth Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Alliance For Strategic Growth Inc (EIN: 20670190) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Alliance For Strategic Growth Inc a good charity to donate to?

Alliance For Strategic Growth Inc has a Mission Score of 75/100. Revenue: $3.8M. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Alliance For Strategic Growth Inc?

The Employer Identification Number (EIN) for Alliance For Strategic Growth Inc is 20670190. 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 Alliance For Strategic Growth Inc spend its money?

Alliance For Strategic Growth Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Alliance For Strategic Growth Inc's tax-exempt status?

You can verify Alliance For Strategic Growth Inc's tax-exempt status using EIN 20670190 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

Alliance For Strategic Growth Inc demonstrates consistent financial activity, with revenues closely matching expenses across all reported periods, indicating a break-even operational model. For instance, in 2023, revenue was $4,517,626 against expenses of $4,510,569. The organization has shown significant growth in assets, particularly between 2022 and 2023, where assets increased from $972,616 to $2,426,690, suggesting successful asset accumulation or investment. However, liabilities have also increased proportionally, from $737,704 to $2,184,721 in the same period, which warrants further investigation into the nature of these liabilities and their impact on long-term financial stability. The consistent reporting of 0% officer compensation across all filings is a notable aspect of their financial management, indicating either a volunteer-led executive team or compensation being reported under different categories, which would require deeper scrutiny for full transparency.

The organization's spending efficiency appears to be high, given the tight margin between revenue and expenses. This suggests that most incoming funds are directly utilized for operational activities. The lack of reported officer compensation could contribute to lower administrative overhead, potentially allowing more funds to be directed towards program services. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to definitively assess the allocation efficiency. The substantial increase in assets and liabilities in the most recent period, while maintaining a near break-even operation, suggests a significant capital project or strategic financial restructuring, which would be a key area for further transparency.

Overall, Alliance For Strategic Growth Inc exhibits a stable operational history with a recent surge in balance sheet activity. The consistent 0% officer compensation is a strong indicator of potential efficiency or a unique operational structure. To fully assess transparency, a more granular breakdown of expenses and an explanation for the recent significant increase in both assets and liabilities would be beneficial. The organization's ability to maintain operations with minimal surplus or deficit over many years points to careful financial management, but the recent balance sheet changes introduce new dynamics.

View Full Transparency Report →

Disclaimer

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