Is Equality Ohio Education Fund Legit?

Quick charity verification for Equality Ohio Education Fund (EIN: 20743268)

Verdict: Equality Ohio Education Fund appears trustworthy

90/100Mission Score
$1.8MRevenue
$780KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Equality Ohio Education Fund demonstrates generally sound financial health with consistent revenue growth over the past several years, peaking at $2,446,418 in 2022. The organization has maintained a healthy asset base, reaching $1,239,560 in 2023, which provides a good buffer for operations. While expenses have fluctuated, they generally align with revenue, indicating responsible spending. For instance, in 2023, expenses were $2,207,612 against revenues of $2,337,526, showing a surplus. The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a significant portion of funds is directed towards programmatic activities rather than executive salaries. The detailed breakdown of expenses would further clarify efficiency, but the absence of officer compensation is a positive indicator. Transparency is high, with 13 years of publicly available IRS 990 filings, allowing for thorough financial review. Overall, Equality Ohio Education Fund appears to be a well-managed and financially stable nonprofit. Their ability to grow assets and revenue while maintaining low liabilities and no reported officer compensation points to a commitment to their mission and efficient use of donor funds. The consistent filing of IRS 990s further enhances their transparency.

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Disclaimer

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

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