Quick charity verification for Ethiopian Development Network Inc (EIN: 10884533)
Verdict: Ethiopian Development Network Inc shows mixed signals
40/100Mission Score
$0Revenue
$0Assets
3Red Flags
2Strengths
Red Flags
Latest reported revenue and assets are $0, indicating potential inactivity or dissolution.
Only one filing (2014) available, making it difficult to assess long-term trends or current financial health.
Significant discrepancy between 2014 financials and current reported $0 status.
Strengths
In 2014, the organization demonstrated extremely low expenses ($7,582) relative to its revenue ($323,759), suggesting high efficiency in resource management during that period.
Zero officer compensation reported in 2014, indicating a potentially volunteer-driven leadership.
Spending Breakdown
How Ethiopian Development Network Inc allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
Admin Costs
Reasonable — admin costs in check
0%
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 Ethiopian Development Network Inc
Is Ethiopian Development Network Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ethiopian Development Network Inc (EIN: 10884533) shows mixed signals. Mission Score: 40/100. 3 red flags identified, 2 strengths noted.
Is Ethiopian Development Network Inc a good charity to donate to?
Ethiopian Development Network Inc has a Mission Score of 40/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ethiopian Development Network Inc?
The Employer Identification Number (EIN) for Ethiopian Development Network Inc is 10884533. 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 Ethiopian Development Network Inc spend its money?
Ethiopian Development Network Inc allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ethiopian Development Network Inc's tax-exempt status?
You can verify Ethiopian Development Network Inc's tax-exempt status using EIN 10884533 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
Ethiopian Development Network Inc appears to be in a very early stage or has significantly scaled down operations, as indicated by its latest reported revenue and assets of $0. However, looking at its 2014 fiscal period, the organization reported revenue of $323,759 and expenses of only $7,582, resulting in a substantial surplus that contributed to its assets of $330,963. This suggests a period of significant fundraising relative to its spending. The lack of officer compensation reported in 2014 indicates either a volunteer-led organization or that compensation was not reported in that specific filing. The current $0 revenue and assets raise significant questions about its ongoing operational status and financial health, suggesting it may be inactive or in the process of dissolution.