Is American Clinicalmagnetoencephalography Society Inc Legit?
Quick charity verification for American Clinicalmagnetoencephalography Society Inc (EIN: 204736010)
Verdict: American Clinicalmagnetoencephalography Society Inc appears trustworthy
85/100Mission Score
$91KRevenue
$413KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $344,011 in 2019 to $428,653 in 2023.
No reported officer compensation, indicating high efficiency in leadership costs.
Generally operates with a financial surplus, demonstrating sustainability (e.g., $83,550 revenue vs. $67,988 expenses in 2023).
Low liabilities relative to assets, indicating strong financial management (e.g., $30,163 liabilities vs. $428,653 assets in 2023).
Consistent IRS 990 filings over 13 periods, demonstrating transparency.
Spending Breakdown
How American Clinicalmagnetoencephalography Society Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
20%
Admin Costs
Reasonable — admin costs in check
0%
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 Clinicalmagnetoencephalography Society Inc
Is American Clinicalmagnetoencephalography Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Clinicalmagnetoencephalography Society Inc (EIN: 204736010) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is American Clinicalmagnetoencephalography Society Inc a good charity to donate to?
American Clinicalmagnetoencephalography Society Inc has a Mission Score of 85/100. Revenue: $91K. Assets: $413K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for American Clinicalmagnetoencephalography Society Inc?
The Employer Identification Number (EIN) for American Clinicalmagnetoencephalography Society Inc is 204736010. 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 Clinicalmagnetoencephalography Society Inc spend its money?
American Clinicalmagnetoencephalography Society Inc allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify American Clinicalmagnetoencephalography Society Inc's tax-exempt status?
You can verify American Clinicalmagnetoencephalography Society Inc's tax-exempt status using EIN 204736010 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 Clinicalmagnetoencephalography Society Inc demonstrates consistent financial health with a growing asset base. In 2023, the organization reported $83,550 in revenue against $67,988 in expenses, contributing to an increase in net assets. Over the past five years, assets have grown from $344,011 in 2019 to $428,653 in 2023, indicating sound financial management and accumulation of resources. The organization consistently operates with a surplus, except for a slight deficit in 2020, which is a positive indicator of sustainability.
Spending efficiency appears strong, as the organization consistently reports low liabilities relative to its assets, suggesting responsible financial practices. With no reported officer compensation, a significant portion of its expenses are likely directed towards its programs and administrative functions. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency, allowing public scrutiny of its financial operations.
Overall, the organization exhibits good financial stewardship, maintaining a healthy balance sheet and demonstrating consistent growth in assets. The absence of officer compensation further reinforces its dedication to maximizing resources for its mission.