Is American Gem Trade Association Inc…

Quick charity verification for American Gem Trade Association Inc (EIN: 133067918)

Red Flags

Significant year-over-year revenue and expense volatility (e.g., 2021 revenue dip to $1.3M from $3M in 2020, then rebound to $5.3M in 2023).
Expenses frequently exceed revenue, leading to net losses in some years (e.g., 2023: Expenses $5,455,733 vs. Revenue $5,345,603; 2021: Expenses $1,707,014 vs. Revenue $1,335,418).
High liabilities relative to assets, with liabilities reaching $5,020,179 against assets of $5,815,804 in 2023, indicating potential financial leverage or deferred obligations.
Unknown NTEE code hinders peer comparison and sector-specific analysis.

Spending Breakdown

How American Gem Trade Association 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 Gem Trade Association Inc

Is American Gem Trade Association Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, American Gem Trade Association Inc (EIN: 133067918) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.

Is American Gem Trade Association Inc a good charity to donate to?

American Gem Trade Association Inc has a Mission Score of 65/100. Revenue: $5.8M. Assets: $5.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for American Gem Trade Association Inc?

The Employer Identification Number (EIN) for American Gem Trade Association Inc is 133067918. 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 Gem Trade Association Inc spend its money?

American Gem Trade Association Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify American Gem Trade Association Inc's tax-exempt status?

You can verify American Gem Trade Association Inc's tax-exempt status using EIN 133067918 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 Gem Trade Association Inc. (AGTA) demonstrates a fluctuating but generally stable financial position over the past decade. While revenue and expenses have seen significant swings, such as a dip in revenue to $1,335,418 in 2021 followed by a rebound to $5,345,603 in 2023, the organization has consistently maintained positive assets, reaching $5,815,804 in 2023. The organization's liabilities have also grown, reaching $5,020,179 in 2023, indicating a reliance on debt or deferred revenue. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead in this area, which is a positive indicator for transparency and efficiency.

However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The organization's NTEE code is unknown, which limits the ability to benchmark its financial performance against similar organizations. The consistent reporting of expenses often closely tracking or slightly exceeding revenue, as seen in 2023 where expenses were $5,455,733 against revenues of $5,345,603, suggests a tight operating margin. Further transparency on how funds are allocated across different activities would provide a clearer picture of its financial health and program impact.

Is American Gem Trade Association Inc Legit?

Verdict: American Gem Trade Association Inc shows mixed signals