Is Dubois County Area Development Corporation Legit?
Quick charity verification for Dubois County Area Development Corporation (EIN: 200902292)
Verdict: Dubois County Area Development Corporation appears trustworthy
85/100Mission Score
$272KRevenue
$700KAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided data limits full efficiency analysis.
Strengths
Consistent revenue exceeding expenses, leading to asset growth (e.g., assets grew from $441,828 in 2014 to $685,711 in 2023).
Very low liabilities, consistently under $6,000, indicating strong fiscal responsibility.
No reported officer compensation across all filings, suggesting efficient use of funds or volunteer leadership.
Stable financial operations with a history of 13 IRS 990 filings, demonstrating transparency and longevity.
Spending Breakdown
How Dubois County Area Development Corporation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Dubois County Area Development Corporation
Is Dubois County Area Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Dubois County Area Development Corporation (EIN: 200902292) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Dubois County Area Development Corporation a good charity to donate to?
Dubois County Area Development Corporation has a Mission Score of 85/100. Revenue: $272K. Assets: $700K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Dubois County Area Development Corporation?
The Employer Identification Number (EIN) for Dubois County Area Development Corporation is 200902292. 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 Dubois County Area Development Corporation spend its money?
Dubois County Area Development Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Dubois County Area Development Corporation's tax-exempt status?
You can verify Dubois County Area Development Corporation's tax-exempt status using EIN 200902292 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 Dubois County Area Development Corporation demonstrates consistent financial health, with revenues generally exceeding expenses over the past decade, leading to a steady growth in assets from $441,828 in 2014 to $685,711 in 2023. This indicates effective financial management and a stable operational base. The organization's liabilities have remained very low, typically under $6,000, which is a strong indicator of fiscal responsibility and minimal financial risk.
Spending efficiency appears robust, as the organization consistently operates with a surplus, allowing for asset accumulation. While specific program spending percentages are not detailed in the provided data, the overall financial trend suggests that the organization is managing its resources effectively to support its mission. The absence of reported officer compensation across all filings is a notable aspect of its financial structure, potentially indicating a volunteer-driven leadership or compensation being covered by other entities, which could contribute to lower administrative overhead.
Transparency is generally good, with a consistent history of 13 IRS 990 filings. The consistent reporting of zero officer compensation across all periods is a key piece of information for assessing transparency regarding executive pay. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a complete assessment of spending efficiency and program focus is limited.