Is American Society For Psychical Research Inc Legit?

Quick charity verification for American Society For Psychical Research Inc (EIN: 131655205)

Verdict: American Society For Psychical Research Inc shows mixed signals

65/100Mission Score
$4.2MRevenue
$3.6MAssets
2Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How American Society For Psychical Research Inc allocates its funds across programs, administration, and fundraising.

75%
Program Spending
Healthy — majority goes to mission
15%
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 Society For Psychical Research Inc

Is American Society For Psychical Research Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, American Society For Psychical Research Inc (EIN: 131655205) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.

Is American Society For Psychical Research Inc a good charity to donate to?

American Society For Psychical Research Inc has a Mission Score of 65/100. Revenue: $4.2M. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for American Society For Psychical Research Inc?

The Employer Identification Number (EIN) for American Society For Psychical Research Inc is 131655205. 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 Society For Psychical Research Inc spend its money?

American Society For Psychical Research Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify American Society For Psychical Research Inc's tax-exempt status?

You can verify American Society For Psychical Research Inc's tax-exempt status using EIN 131655205 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 Society For Psychical Research Inc exhibits highly volatile financial performance over the past several years, making a consistent assessment challenging. In 2023, the organization reported significant revenue of $4,165,122 against relatively low expenses of $467,709, resulting in a substantial surplus. This contrasts sharply with previous years, such as 2022, where revenue was $19,433,570 and expenses were $7,623,696, or 2019, where revenue was only $31,432 against expenses of $1,600,940. The organization's assets have also fluctuated wildly, from $3,586,436 in 2023 to $677,882 in 2022, and as high as $2,490,866 in 2016. The most striking financial characteristic is the extreme variability in revenue and expenses, often with expenses significantly exceeding revenue in earlier periods, leading to substantial liabilities. For instance, in 2021, liabilities reached $13,540,234. The recent 2023 filing shows a much healthier financial position with a large surplus and increased assets, but this appears to be an outlier compared to the preceding decade. Without detailed functional expense breakdowns, it's difficult to fully assess spending efficiency, but the overall financial stability has been inconsistent. The consistent reporting of 0% officer compensation across all filings suggests good transparency regarding executive pay.

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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