Quick charity verification for Black Psychiatrists Of America Inc (EIN: 133082899)
Verdict: Black Psychiatrists Of America Inc appears trustworthy
90/100Mission Score
$397KRevenue
$80KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating efficient use of funds.
Significant revenue growth from $51,235 in 2021 to $318,524 in 2023.
Maintains minimal to no liabilities across all reported periods.
Growing asset base, from $17 in 2020 to $69,067 in 2023, indicating financial accumulation.
Expenses generally align with or are slightly below revenue in recent periods, showing fiscal responsibility.
Spending Breakdown
How Black Psychiatrists Of America 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 Black Psychiatrists Of America Inc
Is Black Psychiatrists Of America Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Black Psychiatrists Of America Inc (EIN: 133082899) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Black Psychiatrists Of America Inc a good charity to donate to?
Black Psychiatrists Of America Inc has a Mission Score of 90/100. Revenue: $397K. Assets: $80K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Black Psychiatrists Of America Inc?
The Employer Identification Number (EIN) for Black Psychiatrists Of America Inc is 133082899. 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 Black Psychiatrists Of America Inc spend its money?
Black Psychiatrists Of America Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Black Psychiatrists Of America Inc's tax-exempt status?
You can verify Black Psychiatrists Of America Inc's tax-exempt status using EIN 133082899 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
Black Psychiatrists Of America Inc demonstrates a pattern of increasing revenue and expenses over the past few years, with a notable jump in revenue from $51,235 in 2021 to $318,524 in 2023. The organization consistently operates with minimal to no liabilities, indicating sound financial management in avoiding debt. Their asset base has also grown significantly, from $17 in 2020 to $69,067 in 2023, suggesting an accumulation of resources. The consistent reporting of 0% officer compensation across all available filings indicates a volunteer-led or very lean executive structure, which is a strong positive for donor confidence regarding administrative costs. The organization's financial health appears to be improving, with recent periods showing revenues exceeding expenses, leading to asset growth.