Quick charity verification for Encyclopaedia Iranica Foundation Inc (EIN: 133636524)
Verdict: Encyclopaedia Iranica Foundation Inc appears trustworthy
80/100Mission Score
$15.1MRevenue
$18.1MAssets
3Red Flags
4Strengths
Red Flags
Consistent operational deficits where expenses exceed revenue in recent years (e.g., 2023, 2022, 2021).
Unusually high 'Latest Revenue' figure ($15.1M) not aligning with annual reported revenues, requiring clarification.
Consistent 0% officer compensation, which, while positive for efficiency, is atypical for an organization of this size and could indicate compensation is reported elsewhere.
Strengths
Substantial asset base ($17.31M in 2023) providing financial stability and long-term capacity.
Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds towards the mission.
Low liabilities relative to assets, suggesting sound financial management.
Consistent IRS 990 filings, demonstrating transparency and accountability.
Spending Breakdown
How Encyclopaedia Iranica Foundation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Encyclopaedia Iranica Foundation Inc
Is Encyclopaedia Iranica Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Encyclopaedia Iranica Foundation Inc (EIN: 133636524) appears trustworthy. Mission Score: 80/100. 3 red flags identified, 4 strengths noted.
Is Encyclopaedia Iranica Foundation Inc a good charity to donate to?
Encyclopaedia Iranica Foundation Inc has a Mission Score of 80/100. Revenue: $15.1M. Assets: $18.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Encyclopaedia Iranica Foundation Inc?
The Employer Identification Number (EIN) for Encyclopaedia Iranica Foundation Inc is 133636524. 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 Encyclopaedia Iranica Foundation Inc spend its money?
Encyclopaedia Iranica Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Encyclopaedia Iranica Foundation Inc's tax-exempt status?
You can verify Encyclopaedia Iranica Foundation Inc's tax-exempt status using EIN 133636524 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 Encyclopaedia Iranica Foundation Inc. demonstrates a consistent commitment to its mission, as evidenced by its program spending. Over the past few years, the organization has experienced fluctuating revenues and expenses. For instance, in 2023, revenue was $811,381 against expenses of $1,488,245, indicating a deficit. This trend of expenses exceeding revenue is also visible in 2022 ($1.43M revenue vs. $2.67M expenses) and 2021 ($2.01M revenue vs. $3.72M expenses). Despite these operational deficits, the organization maintains substantial assets, reported at $17.31 million in 2023, suggesting a strong endowment or investment base that supports its long-term viability.
The organization's spending efficiency appears to be a mixed bag. While there are periods of significant operational deficits, the consistent reporting of 0% officer compensation across all available filings indicates a high degree of financial prudence at the executive level and a focus on directing funds towards the mission rather than administrative overhead. The organization's liabilities have remained relatively low compared to its assets, further indicating sound financial management. However, the consistent spending above revenue in recent years warrants closer examination to ensure long-term sustainability without depleting its asset base.
In terms of transparency, the organization consistently files its IRS Form 990, providing a clear record of its financial activities. The absence of officer compensation is a notable positive for transparency and public trust. The detailed financial history allows for a comprehensive understanding of its financial trajectory, which is a strong indicator of good governance and accountability.