Strong asset base relative to liabilities (e.g., 2023 assets $4.1M vs. liabilities $34K)
Consistent growth in assets over time, indicating financial stability
Low liabilities across most reporting periods
Spending Breakdown
How Educationnc 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 Educationnc
Is Educationnc a legitimate charity?
Based on AI analysis of IRS 990 filings, Educationnc (EIN: 205625322) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Educationnc a good charity to donate to?
Educationnc has a Mission Score of 75/100. Revenue: $1.3M. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Educationnc?
The Employer Identification Number (EIN) for Educationnc is 205625322. 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 Educationnc spend its money?
Educationnc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Educationnc's tax-exempt status?
You can verify Educationnc's tax-exempt status using EIN 205625322 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
Educationnc demonstrates a fluctuating but generally strong financial position, with assets consistently exceeding liabilities across most years. The organization's revenue has varied significantly, from a high of nearly $5 million in 2022 to $1.4 million in 2023, indicating reliance on potentially large, intermittent grants or donations. A notable point is the consistent reporting of 0% officer compensation, which suggests either a volunteer-led executive team or that compensation is reported under other expense categories, warranting further investigation for full transparency. The organization's spending efficiency appears reasonable, though the 2023 fiscal year showed expenses ($2,515,683) significantly exceeding revenue ($1,415,898), leading to a substantial net loss for that period. This could be a concern if it becomes a recurring trend, impacting long-term sustainability.