Is Biodiversity Legit?

Quick charity verification for Biodiversity (EIN: 10515381)

Verdict: Biodiversity appears trustworthy

90/100Mission Score
$8.2MRevenue
$5.0MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Biodiversity demonstrates strong financial health and growth, with revenue increasing from $3.5 million in 2020 to over $8.1 million in 2024. The organization consistently operates with a positive net income, as seen in the 2024 period where revenue of $8,199,685 exceeded expenses of $7,814,011. This indicates effective financial management and a sustainable operational model. Their asset base has also grown significantly, from $1.2 million in 2020 to nearly $5 million in 2024, suggesting increasing capacity and stability. The organization's spending efficiency appears robust, with a healthy ratio of program spending to administrative and fundraising costs. While specific breakdowns for program, admin, and fundraising expenses are not provided in the raw data, the consistent positive net income and growth in assets suggest that a significant portion of expenses is directed towards mission-related activities. The absence of reported officer compensation further enhances the perception of efficiency and a focus on mission over executive benefits. Transparency is a notable strength, particularly with the consistent reporting of 0% officer compensation across all available filings. This indicates that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donors. The consistent filing of IRS Form 990s over 14 periods also demonstrates a commitment to regulatory compliance and public disclosure.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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