Quick charity verification for Demedici Corporation (EIN: 10818965)
Verdict: Demedici Corporation appears trustworthy
80/100Mission Score
$1.0MRevenue
$16.1MAssets
3Red Flags
4Strengths
Red Flags
Significant increase in liabilities from $43,504 in 2020 to $9,319,616 in 2023 without clear explanation.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering efficiency analysis.
Consistent 0% officer compensation for an organization with over $15 million in assets, which is highly unusual and warrants further investigation into operational structure.
Strengths
Consistent revenue growth, from $394,109 in 2014 to $968,918 in 2023.
Strong asset growth, increasing from $2.3 million in 2014 to over $15.6 million in 2023.
Expenses generally kept well below revenue, indicating sound financial management in most periods (e.g., 2023 revenue $968,918 vs. expenses $490,030).
No reported officer compensation, suggesting a strong commitment to directing funds to the mission.
Spending Breakdown
How Demedici Corporation allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Demedici Corporation
Is Demedici Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Demedici Corporation (EIN: 10818965) appears trustworthy. Mission Score: 80/100. 3 red flags identified, 4 strengths noted.
Is Demedici Corporation a good charity to donate to?
Demedici Corporation has a Mission Score of 80/100. Revenue: $1.0M. Assets: $16.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Demedici Corporation?
The Employer Identification Number (EIN) for Demedici Corporation is 10818965. 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 Demedici Corporation spend its money?
Demedici Corporation allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Demedici Corporation's tax-exempt status?
You can verify Demedici Corporation's tax-exempt status using EIN 10818965 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
Demedici Corporation demonstrates consistent financial growth, with revenue increasing from $394,109 in 2014 to $968,918 in 2023, and assets growing significantly from $2.3 million to over $15.6 million in the same period. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The substantial increase in liabilities from $43,504 in 2020 to $9,319,616 in 2023 warrants further investigation to understand its nature and impact on long-term financial health. While the organization appears to be growing and managing its expenses below revenue for most years, the lack of granular spending data in the provided summary limits a complete efficiency analysis.