Quick charity verification for Automotive Lift Institute Inc (EIN: 136162018)
Verdict: Automotive Lift Institute Inc appears trustworthy
85/100Mission Score
$3.7MRevenue
$3.3MAssets
2Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the most recent 2023 filing, leading to a decrease in net assets.
Lack of detailed spending breakdown (program vs. admin vs. fundraising) in the provided summary data makes precise efficiency analysis challenging.
Strengths
Consistent history of revenue generation and asset growth over many years.
Zero officer compensation reported across all filings, indicating strong financial stewardship and dedication to mission.
Healthy asset base, with assets of $2,656,368 in 2023, providing financial stability.
Generally positive net income in most years, contributing to asset accumulation.
Spending Breakdown
How Automotive Lift Institute 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 Automotive Lift Institute Inc
Is Automotive Lift Institute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Automotive Lift Institute Inc (EIN: 136162018) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Automotive Lift Institute Inc a good charity to donate to?
Automotive Lift Institute Inc has a Mission Score of 85/100. Revenue: $3.7M. Assets: $3.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Automotive Lift Institute Inc?
The Employer Identification Number (EIN) for Automotive Lift Institute Inc is 136162018. 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 Automotive Lift Institute Inc spend its money?
Automotive Lift Institute Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Automotive Lift Institute Inc's tax-exempt status?
You can verify Automotive Lift Institute Inc's tax-exempt status using EIN 136162018 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 Automotive Lift Institute Inc. (ALI) demonstrates consistent financial activity, with revenues generally exceeding expenses in most years, contributing to a steady growth in assets. For instance, in 2022, revenue was $1,849,444 against expenses of $1,672,326, leading to an increase in assets to $2,460,500. However, the most recent filing (2023) shows a deficit, with expenses of $1,978,240 exceeding revenue of $1,605,329, which resulted in a decrease in assets from the previous year. This recent trend warrants closer observation to ensure it's an anomaly rather than a new pattern.
Spending efficiency appears to be reasonable, though a detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the summary data. The organization consistently reports 0% officer compensation, which is a significant positive indicator of financial stewardship and a commitment to directing funds towards its mission rather than executive salaries. This practice enhances transparency and trust.
Overall, ALI appears to be a financially stable organization with a strong history of asset growth, though the recent dip in net assets due to higher expenses in 2023 should be monitored. The lack of officer compensation is a notable strength, suggesting a high degree of financial integrity and a focus on mission-related expenditures.