Quick charity verification for Delaware Bioscience Association Inc (EIN: 204147195)
Verdict: Delaware Bioscience Association Inc appears trustworthy
90/100Mission Score
$1.0MRevenue
$2.1MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation may obscure how leadership is compensated if not truly volunteer-led, potentially impacting transparency.
Strengths
Consistent and significant revenue growth over the past decade.
Strong asset accumulation, indicating financial stability and effective management.
Expenses consistently lower than revenue, leading to a healthy surplus.
No reported officer compensation, suggesting a high dedication to mission or volunteer leadership.
Spending Breakdown
How Delaware Bioscience Association Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Delaware Bioscience Association Inc
Is Delaware Bioscience Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Delaware Bioscience Association Inc (EIN: 204147195) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Delaware Bioscience Association Inc a good charity to donate to?
Delaware Bioscience Association Inc has a Mission Score of 90/100. Revenue: $1.0M. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Delaware Bioscience Association Inc?
The Employer Identification Number (EIN) for Delaware Bioscience Association Inc is 204147195. 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 Delaware Bioscience Association Inc spend its money?
Delaware Bioscience Association Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Delaware Bioscience Association Inc's tax-exempt status?
You can verify Delaware Bioscience Association Inc's tax-exempt status using EIN 204147195 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 Delaware Bioscience Association Inc demonstrates strong financial health and growth over the past several years. Revenue has consistently increased, from $483,663 in 2014 to $986,022 in 2023, nearly doubling in a decade. This growth is also reflected in their assets, which have grown from $412,791 to $1,981,238 over the same period, indicating effective financial management and accumulation of resources. The organization consistently spends less than it earns, as evidenced by expenses of $647,477 against revenues of $986,022 in 2023, contributing to its asset growth.
The organization appears to be efficient in its spending, with a healthy surplus in most years. For instance, in 2023, expenses were approximately 65.7% of revenue, leaving a significant portion for reinvestment or reserves. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency and a commitment to directing funds towards the organization's mission rather than executive salaries. This practice is a strong indicator of good governance and financial stewardship.