Quick charity verification for Ductile Iron Society Inc (EIN: 132885682)
Verdict: Ductile Iron Society Inc appears trustworthy
85/100Mission Score
$439KRevenue
$1.6MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $892,779 in 201606 to $1,603,353 currently.
Zero reported liabilities across all available filings, indicating a debt-free operation.
0% officer compensation reported, suggesting efficient use of funds for leadership.
Revenues generally exceed expenses, demonstrating sound financial management (e.g., 202406: Revenue $414,556 vs. Expenses $367,013).
Long history of IRS 990 filings, indicating transparency and compliance.
Spending Breakdown
How Ductile Iron Society Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Ductile Iron Society Inc
Is Ductile Iron Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ductile Iron Society Inc (EIN: 132885682) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Ductile Iron Society Inc a good charity to donate to?
Ductile Iron Society Inc has a Mission Score of 85/100. Revenue: $439K. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ductile Iron Society Inc?
The Employer Identification Number (EIN) for Ductile Iron Society Inc is 132885682. 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 Ductile Iron Society Inc spend its money?
Ductile Iron Society Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ductile Iron Society Inc's tax-exempt status?
You can verify Ductile Iron Society Inc's tax-exempt status using EIN 132885682 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 Ductile Iron Society Inc demonstrates consistent financial stability with a healthy asset base, currently at $1,603,353. Over the past several years, the organization has generally maintained positive net income, with revenues frequently exceeding expenses, such as in 202406 where revenue was $414,556 against expenses of $367,013. This trend indicates effective financial management and a capacity to build reserves. The organization's liabilities have consistently been reported as $0 across all available filings, which is a significant strength indicating a debt-free operation and strong financial health.
Spending efficiency appears robust, particularly given the consistent reporting of 0% officer compensation, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can contribute to lower administrative overhead. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency ratio is difficult to ascertain, but the overall financial health suggests resources are managed effectively. The consistent growth in assets over time, from $892,779 in 201606 to over $1.6 million currently, further supports a picture of sound financial stewardship.
Transparency is high regarding executive compensation, with 0% reported for officers across all available filings. The consistent filing of IRS Form 990s over many years also indicates a commitment to public disclosure. However, the lack of a specified NTEE code and a detailed breakdown of expenses into program, administrative, and fundraising categories in the provided data limits a deeper analysis of program focus and spending efficiency. Despite this, the overall financial picture is one of a well-managed and financially secure organization.