Quick charity verification for Electus Academy (EIN: 201797348)
Verdict: Electus Academy shows mixed signals
65/100Mission Score
$0Revenue
$0Assets
3Red Flags
3Strengths
Red Flags
Discrepancy between historical financial data and 'Latest Revenue: $0' and 'Assets: $0'
Unknown NTEE Code, hindering peer comparison
Consistent 0% officer compensation without further explanation, potentially obscuring leadership costs
Strengths
Consistent historical revenue generation (e.g., $213,871 in 2016)
Positive and growing net assets historically (from $67,517 in 2011 to $169,845 in 2016)
Very low liabilities across all reported periods (e.g., $417 in 2016), indicating minimal debt
Spending Breakdown
How Electus Academy 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 Electus Academy
Is Electus Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Electus Academy (EIN: 201797348) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Electus Academy a good charity to donate to?
Electus Academy has a Mission Score of 65/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Electus Academy?
The Employer Identification Number (EIN) for Electus Academy is 201797348. 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 Electus Academy spend its money?
Electus Academy allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Electus Academy's tax-exempt status?
You can verify Electus Academy's tax-exempt status using EIN 201797348 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
Electus Academy appears to be a small, consistently operating nonprofit based on its historical IRS 990 filings. Over the six-year period from 2011 to 2016, the organization maintained revenues generally between $196,430 and $332,662, with corresponding expenses. The organization consistently reported positive net assets, growing from $67,517 in 2011 to $169,845 in 2016, indicating sound financial management and an ability to build reserves. Liabilities remained very low across all reported periods, suggesting a healthy balance sheet and minimal debt burden.
However, a significant concern is the 'Latest Revenue: $0' and 'Assets: $0' reported for the most recent period, which contradicts the historical data. This discrepancy could indicate a cessation of operations, a change in reporting status, or an error in the provided latest data. Without clarification, it's difficult to assess current financial health. Assuming the historical data represents ongoing operations, the organization demonstrated reasonable spending efficiency, with expenses generally tracking closely to revenues, preventing significant deficits. The consistent reporting of 0% officer compensation across all filings suggests either a volunteer-led organization or that compensation is reported under other expense categories, which could impact transparency regarding leadership costs.