Is Franklin Simpson Educational Coalition Inc Legit?

Quick charity verification for Franklin Simpson Educational Coalition Inc (EIN: 202540047)

Verdict: Franklin Simpson Educational Coalition Inc appears trustworthy

88/100Mission Score
$3.0MRevenue
$410KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

The Franklin Simpson Educational Coalition Inc demonstrates consistent financial health with a positive net asset position and no reported liabilities across all available filings. The organization's revenue has fluctuated, with a notable peak in 2021 ($194,775) and a more recent figure of $159,704 in 2023. Expenses have generally remained below or close to revenue, indicating responsible spending. For instance, in 2023, expenses were $142,009 against $159,704 in revenue, resulting in a surplus. The organization's assets have shown steady growth, from $110,320 in 2017 to $325,835 in 2023, suggesting effective asset management and accumulation of resources over time. The consistent reporting of zero liabilities is a strong indicator of financial stability and low risk.

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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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