Quick charity verification for Asian Americans For Equality Inc (EIN: 133187792)
Verdict: Asian Americans For Equality Inc appears trustworthy
75/100Mission Score
$21.1MRevenue
$24.2MAssets
3Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into executive compensation disclosure.
Multiple years where expenses exceeded revenue (e.g., 2020, 2019, 2018, 2017, 2014), indicating potential reliance on reserves or fluctuating financial performance.
Lack of detailed spending breakdown (program, admin, fundraising) in the provided summary data, making it difficult to fully assess spending efficiency.
Strengths
Significant revenue growth, more than doubling from $5.04 million in 2014 to $10.89 million in 2023, indicating increasing support and operational scale.
Consistent growth in assets, from $10.49 million in 2014 to $27.97 million in 2023, demonstrating a strong and expanding financial base.
Positive net assets maintained over the decade, growing from $6.5 million in 2014 to $8.2 million in 2023, indicating financial stability.
History of 14 IRS 990 filings, suggesting consistent compliance with reporting requirements.
Spending Breakdown
How Asian Americans For Equality Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Asian Americans For Equality Inc
Is Asian Americans For Equality Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Asian Americans For Equality Inc (EIN: 133187792) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
Is Asian Americans For Equality Inc a good charity to donate to?
Asian Americans For Equality Inc has a Mission Score of 75/100. Revenue: $21.1M. Assets: $24.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Asian Americans For Equality Inc?
The Employer Identification Number (EIN) for Asian Americans For Equality Inc is 133187792. 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 Asian Americans For Equality Inc spend its money?
Asian Americans For Equality Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Asian Americans For Equality Inc's tax-exempt status?
You can verify Asian Americans For Equality Inc's tax-exempt status using EIN 133187792 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
Asian Americans For Equality Inc. demonstrates a generally stable financial position, with assets consistently exceeding liabilities over the past decade. Revenue has shown significant growth, more than doubling from $5.04 million in 2014 to $10.89 million in 2023, indicating increasing support or operational scale. The organization has maintained positive net assets, which grew from $6.5 million in 2014 to $8.2 million in 2023, suggesting a healthy financial foundation. However, the organization has experienced periods where expenses exceeded revenue, such as in 2020, 2019, 2018, 2017, and 2014, which could indicate reliance on reserves or prior year surpluses to cover operational costs in those specific years. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency, indicating that executive salaries are not reported in this category or are non-existent, which warrants further investigation into how executive compensation is structured and disclosed if it exists.
Spending efficiency appears reasonable, with expenses generally tracking revenue. For instance, in 2023, expenses were $9.83 million against $10.89 million in revenue, resulting in a surplus. The organization's asset base has also grown substantially, from $10.49 million in 2014 to $27.97 million in 2023, reflecting an expansion of its financial resources. The lack of reported officer compensation in the provided data is a significant point for transparency. While it could imply a highly efficient or volunteer-led executive structure, it more likely suggests that executive compensation is either not reported under 'Officer Comp' or is minimal, which would require reviewing the full 990 forms for detailed compensation schedules to fully assess transparency in this area. Overall, the organization appears financially sound with a growing capacity, but specific details on program, administrative, and fundraising spending ratios, as well as executive compensation, would provide a more complete picture of its efficiency and transparency.