Quick charity verification for Business Plus Inc (EIN: 203898333)
Verdict: Business Plus Inc appears trustworthy
85/100Mission Score
$185KRevenue
$338KAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Unspecified NTEE code makes peer comparison difficult
Strengths
Consistent revenue growth over a decade
Strong asset growth and minimal liabilities
Consistent financial surpluses (e.g., $31,759 in 2023)
No reported officer compensation, indicating high efficiency or volunteer leadership
Consistent IRS 990 filing history demonstrates transparency
Spending Breakdown
How Business Plus 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 Business Plus Inc
Is Business Plus Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Business Plus Inc (EIN: 203898333) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Business Plus Inc a good charity to donate to?
Business Plus Inc has a Mission Score of 85/100. Revenue: $185K. Assets: $338K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Business Plus Inc?
The Employer Identification Number (EIN) for Business Plus Inc is 203898333. 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 Business Plus Inc spend its money?
Business Plus Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Business Plus Inc's tax-exempt status?
You can verify Business Plus Inc's tax-exempt status using EIN 203898333 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
Business Plus Inc demonstrates consistent financial health with a steady growth in revenue and assets over the past decade. In the latest filing (202306), the organization reported revenues of $199,418 against expenses of $167,659, indicating a surplus that contributes to asset growth. The organization's assets have grown from $171,287 in 2014 to $337,009 in 2023, showing prudent financial management and accumulation of resources. Liabilities have consistently been very low or zero, indicating a strong balance sheet and minimal debt burden.
Spending efficiency appears strong, as evidenced by the consistent surpluses in most years. For example, in 2023, expenses were 84% of revenue ($167,659 / $199,418), leaving a significant portion for reinvestment or reserves. The absence of reported officer compensation across all filings suggests that the organization operates with a volunteer or very low-paid leadership structure, which can contribute to higher program spending ratios. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging.
Transparency is generally good given the consistent filing of IRS Form 990s. The consistent reporting of zero officer compensation is a notable aspect of their financial transparency. However, the lack of a specified NTEE code makes it difficult to benchmark their activities against similar organizations, and the absence of detailed expense breakdowns in the provided data limits a deeper analysis of their operational efficiency.