Quick charity verification for Eye And Contact Lens Association Inc (EIN: 136203613)
Verdict: Eye And Contact Lens Association Inc appears trustworthy
90/100Mission Score
$133KRevenue
$181KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent zero liabilities across all filing periods.
No reported officer compensation, indicating volunteer leadership and efficient use of funds.
Healthy asset base relative to annual revenue (e.g., $147,222 assets vs. $119,979 revenue in 202406).
Long and consistent IRS 990 filing history (13 filings), demonstrating transparency.
Generally operates with a positive net income, indicating financial sustainability.
Spending Breakdown
How Eye And Contact Lens Association 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 Eye And Contact Lens Association Inc
Is Eye And Contact Lens Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Eye And Contact Lens Association Inc (EIN: 136203613) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Eye And Contact Lens Association Inc a good charity to donate to?
Eye And Contact Lens Association Inc has a Mission Score of 90/100. Revenue: $133K. Assets: $181K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Eye And Contact Lens Association Inc?
The Employer Identification Number (EIN) for Eye And Contact Lens Association Inc is 136203613. 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 Eye And Contact Lens Association Inc spend its money?
Eye And Contact Lens Association Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Eye And Contact Lens Association Inc's tax-exempt status?
You can verify Eye And Contact Lens Association Inc's tax-exempt status using EIN 136203613 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 Eye And Contact Lens Association Inc demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. For instance, in the latest period (202406), assets stood at $147,222 against revenues of $119,979. The organization consistently operates with zero liabilities, indicating strong financial management and a lack of reliance on debt. While specific program spending details are not provided in the summary data, the consistent positive net income in most recent years (e.g., $119,979 revenue vs. $111,967 expenses in 202406) suggests efficient operations. The absence of officer compensation reported across all filings points to a volunteer-driven leadership structure, which is a strong indicator of financial efficiency and dedication to mission. The organization's consistent filing history over 13 periods also reflects a commitment to transparency.