Is Association Of Divorce Financial Planners Inc Legit?
Quick charity verification for Association Of Divorce Financial Planners Inc (EIN: 113420188)
Verdict: Association Of Divorce Financial Planners Inc appears trustworthy
88/100Mission Score
$41KRevenue
$104KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $43,438 in 2016 to $90,113 in 2023.
Zero reported liabilities across all filing periods, indicating strong financial health.
0% officer compensation, suggesting efficient use of funds and potentially volunteer leadership.
Consistent filing of IRS Form 990, demonstrating transparency.
Positive net income in most recent periods, contributing to asset accumulation.
Spending Breakdown
How Association Of Divorce Financial Planners Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Association Of Divorce Financial Planners Inc
Is Association Of Divorce Financial Planners Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Association Of Divorce Financial Planners Inc (EIN: 113420188) appears trustworthy. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.
Is Association Of Divorce Financial Planners Inc a good charity to donate to?
Association Of Divorce Financial Planners Inc has a Mission Score of 88/100. Revenue: $41K. Assets: $104K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Association Of Divorce Financial Planners Inc?
The Employer Identification Number (EIN) for Association Of Divorce Financial Planners Inc is 113420188. 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 Association Of Divorce Financial Planners Inc spend its money?
Association Of Divorce Financial Planners Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Association Of Divorce Financial Planners Inc's tax-exempt status?
You can verify Association Of Divorce Financial Planners Inc's tax-exempt status using EIN 113420188 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 Association Of Divorce Financial Planners Inc demonstrates consistent financial stability, with assets growing from $43,438 in 2016 to $90,113 in 2023. The organization consistently operates with zero liabilities, indicating a very healthy balance sheet and responsible financial management. Revenue has fluctuated over the years, peaking at $109,916 in 2016 and most recently reported at $46,495 in 2023, but expenses have generally been well-managed, leading to net asset growth in most periods. The organization's NTEE code S41 (Professional Societies & Associations) suggests its primary activities are likely member services and professional development, which aligns with its consistent operational expenses.
Spending efficiency appears strong, as the organization consistently reports 0% officer compensation, indicating that leadership is likely volunteer-based or compensated through other means not classified as officer compensation on the 990-EZ. This contributes to a higher proportion of funds being available for program services and operational needs. Given its relatively small scale (latest revenue $40,730), this structure is common and efficient.
Transparency is good, with seven years of consistent 990 filings available. The absence of liabilities and officer compensation simplifies financial analysis and suggests straightforward financial practices. The consistent growth in assets over the past several years, despite revenue fluctuations, points to prudent financial stewardship and a focus on building organizational capacity.