Quick charity verification for Amib Endowment Fund Inc (EIN: 222677311)
Verdict: Amib Endowment Fund Inc appears trustworthy
75/100Mission Score
$778KRevenue
$8.3MAssets
2Red Flags
3Strengths
Red Flags
Consistent reporting of 0% compensation for all officers, directors, trustees, and key employees across multiple years raises questions about how leadership is compensated or if this information is fully disclosed.
The nature of 'Amib Endowment Fund Inc' and its specific programs are not detailed in the provided data, making it difficult to assess program effectiveness.
Strengths
Demonstrates consistent revenue generation over several years, indicating financial stability.
Assets have shown significant and steady growth, from $5,274,865 in 2018 to $8,305,382 in 2023, suggesting effective asset management.
Expenses are consistently lower than revenue, indicating sound financial management and a surplus for reinvestment or programs.
Spending Breakdown
How Amib Endowment Fund Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
15%
Admin Costs
Reasonable — admin costs in check
15%
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 Amib Endowment Fund Inc
Is Amib Endowment Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Amib Endowment Fund Inc (EIN: 222677311) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Amib Endowment Fund Inc a good charity to donate to?
Amib Endowment Fund Inc has a Mission Score of 75/100. Revenue: $778K. Assets: $8.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Amib Endowment Fund Inc?
The Employer Identification Number (EIN) for Amib Endowment Fund Inc is 222677311. 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 Amib Endowment Fund Inc spend its money?
Amib Endowment Fund Inc allocates 70% to programs, 15% to administration, and 15% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Amib Endowment Fund Inc's tax-exempt status?
You can verify Amib Endowment Fund Inc's tax-exempt status using EIN 222677311 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
Amib Endowment Fund Inc is a unknown nonprofit based in Brick, New Jersey, with reported revenue of $778K and assets of $8.3M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. Executive compensation is consistently reported as $0 across all available filings, which is unusual for an organization with growing assets and consistent revenue, potentially indicating volunteer leadership or a lack of transparency regarding compensation. Revenue has grown +211% across 13 filing periods.