Is American Academy Mcallister Institute Of Funeral Service Inc Legit?

Quick charity verification for American Academy Mcallister Institute Of Funeral Service Inc (EIN: 132590811)

Verdict: American Academy Mcallister Institute Of Funeral Service Inc shows mixed signals

65/100Mission Score
$4.3MRevenue
$13.6MAssets
3Red Flags
2Strengths

Red Flags

Strengths

Spending Breakdown

How American Academy Mcallister Institute Of Funeral Service Inc allocates its funds across programs, administration, and fundraising.

70%
Program Spending
Below average — room for improvement
20%
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 American Academy Mcallister Institute Of Funeral Service Inc

Is American Academy Mcallister Institute Of Funeral Service Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, American Academy Mcallister Institute Of Funeral Service Inc (EIN: 132590811) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.

Is American Academy Mcallister Institute Of Funeral Service Inc a good charity to donate to?

American Academy Mcallister Institute Of Funeral Service Inc has a Mission Score of 65/100. Revenue: $4.3M. Assets: $13.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for American Academy Mcallister Institute Of Funeral Service Inc?

The Employer Identification Number (EIN) for American Academy Mcallister Institute Of Funeral Service Inc is 132590811. 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 American Academy Mcallister Institute Of Funeral Service Inc spend its money?

American Academy Mcallister Institute Of Funeral Service Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify American Academy Mcallister Institute Of Funeral Service Inc's tax-exempt status?

You can verify American Academy Mcallister Institute Of Funeral Service Inc's tax-exempt status using EIN 132590811 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 American Academy Mcallister Institute Of Funeral Service Inc. demonstrates a fluctuating financial picture over the past decade. While revenue has generally been in the $4-6 million range, the organization experienced a significant increase in assets from $4,990,914 in 2022 to $13,868,424 in 2023, alongside a substantial rise in liabilities to $11,051,472 in 2023. This suggests a major financial event or restructuring, such as a significant asset acquisition potentially financed by debt. The organization consistently reports 0% officer compensation, which is a positive indicator of financial transparency regarding executive pay. Spending efficiency appears to be a concern in the most recent filing, with expenses of $4,706,685 exceeding revenue of $4,224,052 in 2023, resulting in a deficit. This trend of expenses often exceeding revenue has been observed in several prior years as well, including 2020, 2019, 2018, 2017, 2016, 2015, and 2014. While the NTEE code B30Z suggests an educational institution, a detailed breakdown of program versus administrative and fundraising expenses is not provided in the summary data, making a precise assessment of spending efficiency challenging. However, the consistent operational deficits in many years warrant closer examination. The organization's transparency regarding executive compensation is excellent, with no officer compensation reported across all available filings. However, the lack of detailed expense breakdowns in the provided data limits a full assessment of how efficiently funds are allocated between programs, administration, and fundraising. The significant increase in both assets and liabilities in the latest period, without corresponding revenue growth, indicates a need for further investigation into the nature of these financial changes.

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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