Quick charity verification for Declarations Inc (EIN: 161672491)
Verdict: Declarations Inc appears trustworthy
75/100Mission Score
$3.5MRevenue
$2.2MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into executive compensation transparency.
Strengths
Consistent revenue generation, generally around $3 million annually over a decade.
Stable financial operations with revenues and expenses largely balancing out over time.
Significant growth in assets, particularly between 2022 and 2023, strengthening the balance sheet.
Long operational history with 13 IRS 990 filings, indicating sustained activity.
Spending Breakdown
How Declarations 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 Declarations Inc
Is Declarations Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Declarations Inc (EIN: 161672491) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
Is Declarations Inc a good charity to donate to?
Declarations Inc has a Mission Score of 75/100. Revenue: $3.5M. Assets: $2.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Declarations Inc?
The Employer Identification Number (EIN) for Declarations Inc is 161672491. 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 Declarations Inc spend its money?
Declarations Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Declarations Inc's tax-exempt status?
You can verify Declarations Inc's tax-exempt status using EIN 161672491 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
Declarations Inc. demonstrates consistent financial activity, with revenues and expenses generally balancing out over the past decade, hovering around the $3 million to $3.9 million mark. While the organization experienced a slight deficit in its most recent filing (202406), with expenses exceeding revenue by approximately $65,000, this is not a significant concern given its overall financial stability and asset base. The organization's assets have shown growth, particularly between 2022 and 2023, increasing from $1,040,981 to $2,854,189, indicating a strengthening balance sheet.
A notable aspect of Declarations Inc.'s financial management is the consistent reporting of 0% officer compensation across all available filings. This suggests either that executive compensation is not reported in this section, or that the organization operates with a volunteer or very low-paid leadership structure, which could be a positive indicator of resource allocation directly to its mission. However, without a detailed breakdown of functional expenses (program, administrative, fundraising), it's challenging to fully assess spending efficiency.
Overall, Declarations Inc. appears to be a financially stable organization with a consistent operational history. The lack of reported officer compensation is a significant point for further inquiry regarding transparency, as it's unusual for an organization of this size to have no compensated leadership. Further details on functional expenses would provide a more complete picture of its spending efficiency and program focus.