Quick charity verification for Edu Tech Enterprises Inc (EIN: 141862519)
Verdict: Edu Tech Enterprises Inc appears trustworthy
85/100Mission Score
$211KRevenue
$66KAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed functional expense breakdown in provided data
Significant deficit in 2019 where expenses ($445,024) substantially exceeded revenue ($338,400)
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency in executive costs
Zero reported liabilities across all filing periods, demonstrating strong financial health
Stable revenue generation around $200,000 in recent years
Growing asset base, reaching $65,840 in the latest period
AI Transparency Report
Edu Tech Enterprises Inc demonstrates a generally stable financial position, with recent revenues around $200,000 and assets growing to $65,840. The organization consistently reports zero liabilities, indicating a healthy balance sheet and responsible financial management. However, the lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging. The organization's consistent reporting of 0% officer compensation across all filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of financial transparency and efficiency. Further analysis would benefit from a functional expense statement to fully understand program, administrative, and fundraising allocations.