Is Demedici Corporation Legit?

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

Strengths

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.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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