Is Elluminate Inc Legit?

Quick charity verification for Elluminate Inc (EIN: 133897852)

Verdict: Elluminate Inc appears trustworthy

70/100Mission Score

$2.3MRevenue

$3.3MAssets

3Red Flags

3Strengths

Red Flags

Consistent operational deficits: Expenses have exceeded revenue in 8 out of the last 10 reported periods, indicating a reliance on reserves.
Declining asset base: Assets have decreased from $5,944,664 in 2014 to $3,448,586 in 2023, suggesting assets are being used to cover deficits.
Lack of detailed expense breakdown: Without program, administrative, and fundraising expense details, it's difficult to assess spending efficiency.

Strengths

Zero reported officer compensation: This indicates a strong commitment to directing funds towards the mission rather than executive salaries.
Substantial asset base: Despite declines, the organization still holds over $3.4 million in assets, providing a buffer for operations.
Consistent filing history: 13 filings demonstrate a commitment to transparency through regular reporting to the IRS.

Spending Breakdown

How Elluminate 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 Elluminate Inc

Is Elluminate Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Elluminate Inc (EIN: 133897852) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Elluminate Inc a good charity to donate to?

Elluminate Inc has a Mission Score of 70/100. Revenue: $2.3M. Assets: $3.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Elluminate Inc?

The Employer Identification Number (EIN) for Elluminate Inc is 133897852. 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 Elluminate Inc spend its money?

Elluminate Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Elluminate Inc's tax-exempt status?

You can verify Elluminate Inc's tax-exempt status using EIN 133897852 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

Elluminate Inc. demonstrates a consistent operational deficit in recent years, with expenses exceeding revenue in the 2023, 2022, 2021, 2020, 2018, 2017, 2016, and 2015 fiscal periods. For example, in 2023, expenses were $1,751,121 against revenues of $1,550,640, indicating a reliance on prior reserves or other funding sources to cover operations. While the organization's assets have generally declined from a high of $5,944,664 in 2014 to $3,448,586 in 2023, it still maintains a healthy asset base relative to its annual expenses, suggesting some financial stability despite the deficits. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries.

The organization's spending efficiency cannot be fully determined without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent operational deficits suggest that the organization is spending more than it brings in through its regular activities. The lack of reported officer compensation is a positive sign for transparency regarding executive pay, but a complete picture of financial health would require more granular expense data.

Overall, Elluminate Inc. appears to be transparent regarding executive compensation, but its financial sustainability is questionable given the recurring operational deficits. While it has a substantial asset base to draw upon, this trend is not sustainable long-term without an increase in revenue or a reduction in expenses. Further analysis of expense categories would be crucial to assess spending efficiency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.