Is Dermatology Managers Association Of Georgia Legit?
Quick charity verification for Dermatology Managers Association Of Georgia (EIN: 20694828)
Verdict: Dermatology Managers Association Of Georgia appears trustworthy
85/100Mission Score
$220KRevenue
$92KAssets
1Red Flags
4Strengths
Red Flags
Slight deficit in 2023 where expenses ($198,828) exceeded revenue ($184,999), which should be monitored.
Strengths
Consistent asset growth from $29,990 in 2017 to $49,999 in 2023.
Zero reported liabilities across all seven filings, indicating strong financial health.
0% officer compensation, suggesting a volunteer-led organization and high operational efficiency.
Consistent filing of IRS Form 990s, demonstrating transparency.
Spending Breakdown
How Dermatology Managers Association Of Georgia allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Dermatology Managers Association Of Georgia
Is Dermatology Managers Association Of Georgia a legitimate charity?
Based on AI analysis of IRS 990 filings, Dermatology Managers Association Of Georgia (EIN: 20694828) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Dermatology Managers Association Of Georgia a good charity to donate to?
Dermatology Managers Association Of Georgia has a Mission Score of 85/100. Revenue: $220K. Assets: $92K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Dermatology Managers Association Of Georgia?
The Employer Identification Number (EIN) for Dermatology Managers Association Of Georgia is 20694828. 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 Dermatology Managers Association Of Georgia spend its money?
Dermatology Managers Association Of Georgia allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Dermatology Managers Association Of Georgia's tax-exempt status?
You can verify Dermatology Managers Association Of Georgia's tax-exempt status using EIN 20694828 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 Dermatology Managers Association Of Georgia demonstrates consistent financial health with a positive trend in revenue and assets over the past several years. In 2023, the organization reported revenues of $184,999 against expenses of $198,828, indicating a slight deficit for that period, but overall, the organization has maintained a healthy asset base, growing from $29,990 in 2017 to $49,999 in 2023. The organization consistently reports zero liabilities, which is a strong indicator of financial stability and responsible management. The absence of officer compensation reported across all filings suggests a volunteer-driven leadership structure, enhancing its spending efficiency.
The organization's spending efficiency appears high, particularly given the lack of reported officer compensation. While specific program spending details are not provided in the summary data, the overall expense levels relative to revenue suggest that funds are being utilized for operational purposes. The consistent growth in assets, despite fluctuations in annual revenue and expenses, points to prudent financial management and an ability to build reserves. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, providing a clear historical record of its financial activities.
Overall, the Dermatology Managers Association Of Georgia appears to be a financially sound and efficiently run organization. Its consistent growth in assets, zero liabilities, and lack of officer compensation are positive indicators of its commitment to its mission and responsible use of funds. The slight deficit in 2023 should be monitored, but it does not overshadow the overall positive financial trajectory.