Quick charity verification for Education Action Group Inc (EIN: 208998935)
Verdict: Education Action Group Inc shows mixed signals
60/100Mission Score
$250KRevenue
$3KAssets
2Red Flags
4Strengths
Red Flags
Extremely low reported expenses ($15) relative to revenue ($502,529), raising questions about program activity.
Lack of detailed expense breakdown beyond the total, making it difficult to assess specific spending categories.
Strengths
Strong financial health with significant asset accumulation ($502,514) and no liabilities.
Excellent revenue generation relative to reported expenses.
0% officer compensation, indicating no executive salaries were paid.
Positive net income, demonstrating effective financial management in terms of revenue generation and cost control.
Spending Breakdown
How Education Action Group Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
100%
Admin Costs
High — over 25% on administration
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 Education Action Group Inc
Is Education Action Group Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Education Action Group Inc (EIN: 208998935) shows mixed signals. Mission Score: 60/100. 2 red flags identified, 4 strengths noted.
Is Education Action Group Inc a good charity to donate to?
Education Action Group Inc has a Mission Score of 60/100. Revenue: $250K. Assets: $3K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Education Action Group Inc?
The Employer Identification Number (EIN) for Education Action Group Inc is 208998935. 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 Education Action Group Inc spend its money?
Education Action Group Inc allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Education Action Group Inc's tax-exempt status?
You can verify Education Action Group Inc's tax-exempt status using EIN 208998935 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
Education Action Group Inc. appears to be in a strong financial position based on its latest filing. With revenue of $502,529 and expenses of only $15 in the 202312 period, the organization generated a substantial surplus, leading to significant asset growth to $502,514. This indicates excellent financial management in terms of controlling costs relative to income. However, the extremely low expense figure raises questions about the scope of its program activities during this period, as it suggests minimal operational spending.
The organization's spending efficiency is exceptionally high given the reported expenses. With only $15 in total expenses against over half a million in revenue, it implies that nearly all incoming funds were retained as assets rather than being spent on programs, administration, or fundraising. While this builds a strong balance sheet, it also suggests a potential lack of active programming or significant operational costs, which is unusual for an active nonprofit. Further detail on how the $15 was allocated would be necessary to fully assess spending efficiency across different categories.
Transparency is generally good with the availability of the 990 filing. The zero officer compensation reported is a positive sign regarding executive pay. However, the very low expense figure warrants further inquiry to understand the organization's operational model and how it plans to deploy its accumulated assets to achieve its mission. Without more detailed expense breakdowns, it's challenging to fully assess the allocation of resources towards its stated purpose.