Quick charity verification for American Board Of Dermatology Inc (EIN: 131549125)
Verdict: American Board Of Dermatology Inc appears trustworthy
85/100Mission Score
$5.2MRevenue
$22.3MAssets
2Red Flags
3Strengths
Red Flags
Significant unexplained increase in liabilities to $15,042,000 in 2023
Consistent 0% officer compensation for an organization of this size, which may obscure how executive functions are compensated or managed.
Strengths
Consistent growth in assets over the past decade, from $10,159,143 in 2014 to $21,055,823 in 2023.
Strong financial stability with revenues generally exceeding expenses in most years, indicating sound operational management.
Zero reported officer compensation, suggesting a high dedication to mission and potentially low overhead in executive salaries.
Spending Breakdown
How American Board Of Dermatology Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
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 Board Of Dermatology Inc
Is American Board Of Dermatology Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Board Of Dermatology Inc (EIN: 131549125) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is American Board Of Dermatology Inc a good charity to donate to?
American Board Of Dermatology Inc has a Mission Score of 85/100. Revenue: $5.2M. Assets: $22.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for American Board Of Dermatology Inc?
The Employer Identification Number (EIN) for American Board Of Dermatology Inc is 131549125. 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 Board Of Dermatology Inc spend its money?
American Board Of Dermatology Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify American Board Of Dermatology Inc's tax-exempt status?
You can verify American Board Of Dermatology Inc's tax-exempt status using EIN 131549125 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 Board Of Dermatology Inc demonstrates a generally stable financial position with consistent revenue streams and growing assets over the past decade, reaching $21,055,823 in assets by 2023. The organization consistently reports 0% officer compensation, which is a notable aspect of its financial management and transparency. While specific program spending ratios are not detailed in the provided data, the absence of officer compensation suggests a focus on mission-related expenditures rather than executive enrichment. The organization's liabilities have fluctuated, with a significant increase to $15,042,000 in 2023, which warrants further investigation to understand its nature and impact on financial health.