Quick charity verification for Electrochemical Society Inc (EIN: 131771269)
Verdict: Electrochemical Society Inc appears trustworthy
75/100Mission Score
$14.7MRevenue
$23.9MAssets
2Red Flags
3Strengths
Red Flags
Consistent operating deficits in recent years (e.g., 2023 expenses exceeded revenue by over $500,000)
0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into how executive leadership is compensated.
Strengths
Consistent growth in assets over the past decade, from $16,906,236 in 2014 to $22,020,526 in 2023.
Relatively stable and low liabilities compared to assets, indicating good financial management.
Strong program focus, as indicated by the estimated spending breakdown.
Spending Breakdown
How Electrochemical Society Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Electrochemical Society Inc
Is Electrochemical Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Electrochemical Society Inc (EIN: 131771269) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Electrochemical Society Inc a good charity to donate to?
Electrochemical Society Inc has a Mission Score of 75/100. Revenue: $14.7M. Assets: $23.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Electrochemical Society Inc?
The Employer Identification Number (EIN) for Electrochemical Society Inc is 131771269. 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 Electrochemical Society Inc spend its money?
Electrochemical Society Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Electrochemical Society Inc's tax-exempt status?
You can verify Electrochemical Society Inc's tax-exempt status using EIN 131771269 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 Electrochemical Society Inc. demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $22,020,526 in 2023. While revenue has fluctuated, notably a dip in 2020 to $3,651,549 and a peak in 2019 at $9,494,369, the organization has managed its expenses, though it has operated at a deficit in recent years (e.g., 2023 expenses of $7,871,839 exceeded revenue of $7,331,292). The organization's liabilities have remained relatively low and stable compared to its assets, indicating good financial management. The consistent reporting of 0% officer compensation suggests a high degree of transparency regarding executive pay, or that compensation is structured in a way that it is not reported as 'officer compensation' on the 990, which warrants further investigation for complete transparency. Overall, the organization appears financially sound with a clear history of operations.