Is Alveoli Corporation Legit?

Quick charity verification for Alveoli Corporation (EIN: 10728178)

Verdict: Alveoli Corporation appears trustworthy

90/100Mission Score
$965KRevenue
$746KAssets
2Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Alveoli Corporation demonstrates consistent financial health with a generally positive trend in revenue and assets over the past decade. In the latest filing (202306), the organization reported revenue of $914,877 against expenses of $881,653, indicating a surplus. Their assets have grown significantly, from $162,863 in 2014 to $936,137 in 2023, suggesting sound financial management and accumulation of resources. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a focus on mission-related spending rather than executive enrichment. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent surplus and asset growth, coupled with zero officer compensation, suggest a responsible approach to financial management. The low liabilities, such as $7,977 in 2023, further reinforce a healthy balance sheet. The organization appears to be efficient in its operations, as evidenced by its ability to grow assets while maintaining a positive net income in most years. Overall, Alveoli Corporation exhibits strong financial health and a high degree of transparency regarding executive compensation. The consistent growth and prudent management of liabilities contribute to a positive assessment of its financial stewardship.

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Disclaimer

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

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