Quick charity verification for Elevator Industries Association Inc (EIN: 133190435)
Verdict: Elevator Industries Association Inc appears trustworthy
85/100Mission Score
$304KRevenue
$70KAssets
3Red Flags
4Strengths
Red Flags
Occasional deficit spending (e.g., 2022 expenses exceeded revenue by over $40,000)
Lack of detailed functional expense breakdown in provided data, making precise program efficiency assessment difficult
NTEE code is unknown, which limits understanding of its specific mission area
Strengths
Consistent reporting of zero liabilities across all filings
No reported officer compensation, suggesting efficient use of funds or volunteer leadership
Strong compliance with IRS reporting, evidenced by 13 filings
Generally stable financial health with revenues often exceeding expenses
Spending Breakdown
How Elevator Industries Association Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 Elevator Industries Association Inc
Is Elevator Industries Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Elevator Industries Association Inc (EIN: 133190435) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
Is Elevator Industries Association Inc a good charity to donate to?
Elevator Industries Association Inc has a Mission Score of 85/100. Revenue: $304K. Assets: $70K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Elevator Industries Association Inc?
The Employer Identification Number (EIN) for Elevator Industries Association Inc is 133190435. 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 Elevator Industries Association Inc spend its money?
Elevator Industries Association Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Elevator Industries Association Inc's tax-exempt status?
You can verify Elevator Industries Association Inc's tax-exempt status using EIN 133190435 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
Elevator Industries Association Inc demonstrates a generally stable financial position, with revenues consistently exceeding expenses in most recent years, such as 2023 where revenue was $252,448 against expenses of $198,972. However, there have been periods of deficit spending, notably in 2022 and 2021, where expenses significantly outpaced revenue. The organization maintains a relatively modest asset base, with assets fluctuating but generally remaining below $100,000 in recent filings. A key strength is its consistent reporting of zero liabilities across all available filings, indicating a healthy balance sheet free of debt. The absence of reported officer compensation further suggests a lean operational structure, potentially relying on volunteer efforts or very low-cost administrative support.
Spending efficiency appears to be reasonable, with the organization consistently spending less than its revenue in several periods, allowing for some accumulation of assets. The lack of detailed functional expense breakdowns in the provided data makes a precise assessment of program versus administrative spending challenging. However, the consistent reporting of zero officer compensation implies that a significant portion of expenses is likely directed towards its mission or general operational costs rather than high executive salaries.
In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, indicating consistent compliance with reporting requirements. The absence of reported liabilities and officer compensation contributes positively to its transparency profile, as these are often areas of concern for watchdogs. However, without a detailed NTEE code or more granular expense data, a full understanding of its programmatic impact and specific spending allocations remains somewhat limited.