Is Center For Spiritual And Ethical…

Quick charity verification for Center For Spiritual And Ethical Education Inc (EIN: 131628450)

Strengths

Consistent revenue growth, increasing from $451,165 in 2014 to $798,078 in 2023, indicating financial sustainability.
Healthy and growing asset base, from $913,732 in 2014 to $1,729,281 in 2023, providing strong financial stability.
Expenses consistently below revenue, demonstrating prudent financial management and allowing for asset accumulation.
Strong program spending ratio (estimated 90%), indicating a high proportion of funds directly supporting its mission.

Spending Breakdown

How Center For Spiritual And Ethical Education Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Center For Spiritual And Ethical Education Inc

Is Center For Spiritual And Ethical Education Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Center For Spiritual And Ethical Education Inc (EIN: 131628450) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Center For Spiritual And Ethical Education Inc a good charity to donate to?

Center For Spiritual And Ethical Education Inc has a Mission Score of 85/100. Revenue: $1.1M. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Center For Spiritual And Ethical Education Inc?

The Employer Identification Number (EIN) for Center For Spiritual And Ethical Education Inc is 131628450. 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 Center For Spiritual And Ethical Education Inc spend its money?

Center For Spiritual And Ethical Education Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Center For Spiritual And Ethical Education Inc's tax-exempt status?

You can verify Center For Spiritual And Ethical Education Inc's tax-exempt status using EIN 131628450 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 Center For Spiritual And Ethical Education Inc demonstrates consistent financial growth and prudent management over the past decade. Revenue has steadily increased from $451,165 in 2014 to $798,078 in 2023, indicating a growing capacity to fund its operations. The organization consistently maintains a healthy asset base, growing from $913,732 in 2014 to $1,729,281 in 2023, which provides financial stability and resilience. Liabilities have remained manageable relative to assets, suggesting responsible financial stewardship.

Spending efficiency appears strong, with expenses generally tracking below revenue, allowing for asset accumulation. For instance, in 2023, expenses were $717,597 against revenues of $798,078, resulting in a surplus. A notable aspect of this organization's transparency is the consistent reporting of 0% officer compensation across all available filings, which suggests either a volunteer-led executive team or compensation is reported under other expense categories, warranting further investigation for complete transparency. However, the absence of reported officer compensation directly contributes to a higher proportion of funds available for program activities.

Overall, the organization exhibits sound financial health with a positive trend in revenue and assets. Its spending practices appear efficient, consistently operating within its means and building reserves. The lack of reported officer compensation is a significant data point for transparency, indicating either a highly lean executive structure or a reporting nuance that could be clarified. This financial profile suggests a well-managed entity focused on its mission.

Is Center For Spiritual And Ethical Education Inc Legit?

Verdict: Center For Spiritual And Ethical Education Inc appears trustworthy

Red Flags