Quick charity verification for American Spice Trade Association Inc (EIN: 134924480)
Verdict: American Spice Trade Association Inc appears trustworthy
85/100Mission Score
$2.6MRevenue
$2.4MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $1,260,897 in 2021 to $2,077,841 in 2023.
Healthy asset growth, reaching $1,825,425 in 2023.
Zero reported officer compensation across all filings, indicating high efficiency or alternative compensation structures.
Manageable liabilities relative to assets, demonstrating financial stability.
Generally positive net income in recent years, contributing to asset accumulation.
Spending Breakdown
How American Spice 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 Spice Trade Association Inc
Is American Spice Trade Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Spice Trade Association Inc (EIN: 134924480) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is American Spice Trade Association Inc a good charity to donate to?
American Spice Trade Association Inc has a Mission Score of 85/100. Revenue: $2.6M. Assets: $2.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for American Spice Trade Association Inc?
The Employer Identification Number (EIN) for American Spice Trade Association Inc is 134924480. 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 Spice Trade Association Inc spend its money?
American Spice 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 Spice Trade Association Inc's tax-exempt status?
You can verify American Spice Trade Association Inc's tax-exempt status using EIN 134924480 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 Spice Trade Association Inc. (ASTA) demonstrates consistent financial stability, with revenues generally exceeding expenses in recent years, leading to growth in assets. For instance, in 2023, revenue was $2,077,841 against expenses of $1,908,989, contributing to an increase in assets to $1,825,425. The organization's liabilities have remained manageable relative to its assets, indicating a healthy balance sheet.
ASTA's spending efficiency appears strong, particularly given the reported 0% officer compensation across all available filings, which suggests that executive leadership may be compensated through other means or that the organization operates with a volunteer-led executive structure, which is highly efficient. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency ratio cannot be calculated, but the overall financial health suggests effective resource management.
Transparency is high regarding executive compensation, as the 0% reported officer compensation is a clear indicator. However, the absence of NTEE code information and a detailed functional expense breakdown in the provided data limits a full assessment of program focus and spending efficiency. Further details on how expenses are categorized would enhance the understanding of their operational transparency.