Is Demolay International Legit?

Quick charity verification for Demolay International (EIN: 10393032)

Verdict: Demolay International shows mixed signals

65/100Mission Score
$70KRevenue
$23KAssets
2Red Flags
2Strengths

Red Flags

Strengths

AI Transparency Report

Demolay International, with a latest reported revenue of $69,990 and assets of $22,549, appears to be a small organization. Its financial health shows some volatility, with expenses exceeding revenue in several recent periods, such as 202309 where expenses were $71,348 against revenue of $46,483, and 202209 where expenses were $44,132 against revenue of $43,084. This trend of operating at a deficit could be a concern for long-term sustainability if not addressed. The organization's transparency is commendable given that officer compensation has consistently been reported as 0% across all available filings, indicating that its leadership is likely volunteer-based or compensated through other means not classified as officer compensation. This suggests a commitment to directing funds towards its mission rather than executive salaries. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. The fluctuating asset levels, from a low of $728 in 201509 to a high of $41,727 in 201809, also warrant further investigation to understand the underlying causes and financial management strategies.

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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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