Quick charity verification for Automobile Industry Tr (EIN: 10734062)
Verdict: Automobile Industry Tr appears trustworthy
80/100Mission Score
$2.8MRevenue
$169KAssets
2Red Flags
3Strengths
Red Flags
Significant decline in assets over the past decade, from $1,045,104 in 2014 to $168,945 currently, which could impact long-term stability.
Consistent slight operating deficits in recent years (e.g., 2023: expenses $1,907,539 vs. revenue $1,773,968), indicating spending slightly exceeds income.
Strengths
Consistent reporting of 0% officer compensation, indicating strong commitment to mission over executive salaries.
Long history of IRS 990 filings (13 filings), demonstrating transparency and regulatory compliance.
Generally balanced revenue and expenses over many years, suggesting effective financial management of incoming funds.
Spending Breakdown
How Automobile Industry Tr 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 Automobile Industry Tr
Is Automobile Industry Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Automobile Industry Tr (EIN: 10734062) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
Is Automobile Industry Tr a good charity to donate to?
Automobile Industry Tr has a Mission Score of 80/100. Revenue: $2.8M. Assets: $169K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Automobile Industry Tr?
The Employer Identification Number (EIN) for Automobile Industry Tr is 10734062. 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 Automobile Industry Tr spend its money?
Automobile Industry Tr allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Automobile Industry Tr's tax-exempt status?
You can verify Automobile Industry Tr's tax-exempt status using EIN 10734062 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
Automobile Industry Tr demonstrates consistent financial operations, with revenues closely matching expenses across all reported periods. For example, in 2023, expenses were $1,907,539 against revenues of $1,773,968, indicating a slight deficit but generally balanced spending. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. However, the latest reported assets of $168,945 are significantly lower than previous years, such as $1,045,104 in 2014, which warrants further investigation into asset management and financial stability.
The organization's spending efficiency appears high given the consistent revenue-to-expense ratio. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation suggests a lean operational structure. The decline in assets over the past decade, from a peak of $1,045,104 in 2014 to $168,945 currently, is a notable trend that could impact long-term sustainability if not addressed. Despite this, the consistent operational balance year-over-year suggests effective management of its incoming funds.
Transparency is strong regarding executive compensation, with no reported officer compensation. However, without a detailed functional expense breakdown, it's challenging to fully assess the efficiency of program delivery versus overhead. The consistent filing of IRS 990s over 13 periods indicates a commitment to regulatory compliance and public disclosure, which is a positive aspect of its transparency.