Is Fashion Accessories Shippers Association…

Quick charity verification for Fashion Accessories Shippers Association Inc (EIN: 133397527)

Spending Breakdown

How Fashion Accessories Shippers 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

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 Fashion Accessories Shippers Association Inc

Is Fashion Accessories Shippers Association Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Fashion Accessories Shippers Association Inc (EIN: 133397527) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Fashion Accessories Shippers Association Inc a good charity to donate to?

Fashion Accessories Shippers Association Inc has a Mission Score of 85/100. Revenue: $8.7M. Assets: $10.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Fashion Accessories Shippers Association Inc?

The Employer Identification Number (EIN) for Fashion Accessories Shippers Association Inc is 133397527. 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 Fashion Accessories Shippers Association Inc spend its money?

Fashion Accessories Shippers Association Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Fashion Accessories Shippers Association Inc's tax-exempt status?

You can verify Fashion Accessories Shippers Association Inc's tax-exempt status using EIN 133397527 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 Fashion Accessories Shippers Association Inc (FASA) demonstrates consistent financial stability, with assets growing from $7.2 million in 2014 to $8.1 million in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenue of $4,991,960 exceeded expenses of $4,966,477. This indicates sound financial management and an ability to cover operational costs. The absence of reported officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that executive functions are performed by unpaid volunteers or through contracted services not directly reported as officer compensation. This practice, if sustained, contributes positively to the organization's financial efficiency and public trust.

FASA's financial health appears robust, with a healthy asset base relative to its annual revenue and expenses. The organization's liabilities are consistently low, indicating minimal debt burden and strong liquidity. For example, in 2023, liabilities were only $127,973 against assets of $8,194,214. This strong financial position allows the organization to maintain its operations and potentially expand its programs without significant financial strain. The consistent positive net income over several years further reinforces its financial resilience.

While specific program spending percentages are not detailed in the provided summary, the overall financial picture suggests an organization that manages its resources effectively. The lack of officer compensation is a notable positive indicator for transparency and efficient use of funds. To fully assess spending efficiency, a detailed breakdown of program, administrative, and fundraising expenses would be beneficial, but the available data points to a well-managed and financially prudent entity.

Is Fashion Accessories Shippers Association Inc Legit?

Verdict: Fashion Accessories Shippers Association Inc appears trustworthy

Red Flags

Strengths