Is Fenestration And Glazing Industry…

Quick charity verification for Fenestration And Glazing Industry Alliance (EIN: 131940899)

Strengths

Consistent revenue growth, increasing from $3,823,175 in 2014 to $5,965,304 in 2023, demonstrating financial stability.
Healthy asset accumulation, growing from $5,012,595 in 2014 to $7,562,270 in 2023, indicating strong financial management and reserves.
Expenses generally kept below revenue, leading to consistent surpluses and positive net assets.
Low liabilities relative to assets, with liabilities of $2,970,631 against assets of $7,562,270 in 2023, suggesting good financial solvency.

Spending Breakdown

How Fenestration And Glazing Industry Alliance allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 Fenestration And Glazing Industry Alliance

Is Fenestration And Glazing Industry Alliance a legitimate charity?

Based on AI analysis of IRS 990 filings, Fenestration And Glazing Industry Alliance (EIN: 131940899) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Fenestration And Glazing Industry Alliance a good charity to donate to?

Fenestration And Glazing Industry Alliance has a Mission Score of 75/100. Revenue: $6.2M. Assets: $8.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Fenestration And Glazing Industry Alliance?

The Employer Identification Number (EIN) for Fenestration And Glazing Industry Alliance is 131940899. 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 Fenestration And Glazing Industry Alliance spend its money?

Fenestration And Glazing Industry Alliance allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Fenestration And Glazing Industry Alliance's tax-exempt status?

You can verify Fenestration And Glazing Industry Alliance's tax-exempt status using EIN 131940899 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 Fenestration And Glazing Industry Alliance demonstrates consistent financial stability and growth over the past decade. With latest reported revenue of $6,187,535 and assets of $8,160,927, the organization has seen a steady increase in its financial scale. Its expenses have generally remained below revenue, leading to a healthy accumulation of assets, as evidenced by the growth from $5,012,595 in 2014 to $7,562,270 in 2023. This indicates effective financial management and a capacity to build reserves.

The organization's spending efficiency appears sound, with expenses consistently managed relative to incoming revenue. For instance, in 2023, expenses were $5,787,405 against revenues of $5,965,304, showing a surplus. The consistent reporting of 0% officer compensation across all available filings suggests that executive leadership is either unpaid or compensated through other means not categorized as 'officer compensation' on the 990, which could be a point for further inquiry regarding full compensation transparency. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency across these categories is limited.

Overall, the Fenestration And Glazing Industry Alliance exhibits strong financial health with a positive trend in assets and revenue. The lack of reported officer compensation on the 990s is notable and could be interpreted as a positive for resource allocation, assuming all compensation is transparently disclosed elsewhere or truly non-existent for officers. The consistent growth and positive net income in most years suggest a well-managed and sustainable operation.

Is Fenestration And Glazing Industry Alliance Legit?

Verdict: Fenestration And Glazing Industry Alliance appears trustworthy

Red Flags