Quick charity verification for Friends Of The Ihes Inc (EIN: 134065148)
Verdict: Friends Of The Ihes Inc appears trustworthy
85/100Mission Score
$4.2MRevenue
$22.8MAssets
3Red Flags
4Strengths
Red Flags
Extremely low expense-to-revenue ratio in 2023 ($368,712 expenses vs. $13,445,983 revenue) raises questions about the direct utilization of funds.
Consistent 0% officer compensation for an organization with multi-million dollar revenues is unusual and may indicate indirect compensation or a highly unique operational model.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.
Substantial asset accumulation, reaching $18,177,506 in 2023, indicating strong financial health and stability.
Very low liabilities relative to assets, suggesting a healthy balance sheet.
Consistent reporting of 0% officer compensation, indicating a commitment to minimizing executive overhead.
Spending Breakdown
How Friends Of The Ihes Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Friends Of The Ihes Inc
Is Friends Of The Ihes Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The Ihes Inc (EIN: 134065148) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
Is Friends Of The Ihes Inc a good charity to donate to?
Friends Of The Ihes Inc has a Mission Score of 85/100. Revenue: $4.2M. Assets: $22.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of The Ihes Inc?
The Employer Identification Number (EIN) for Friends Of The Ihes Inc is 134065148. 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 Friends Of The Ihes Inc spend its money?
Friends Of The Ihes Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of The Ihes Inc's tax-exempt status?
You can verify Friends Of The Ihes Inc's tax-exempt status using EIN 134065148 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
Friends Of The Ihes Inc demonstrates a highly variable financial trajectory, with significant fluctuations in revenue and expenses over the past decade. The organization experienced a remarkable surge in revenue to $13,445,983 in 2023, a substantial increase from $3,849,777 in 2022. This growth is not consistently matched by expenses, which were $368,712 in 2023, indicating a very high surplus for that year. The organization's assets have also grown considerably, reaching $18,177,506 in 2023, up from $4,695,808 in 2022, suggesting strong financial accumulation.
Spending efficiency appears to be exceptionally high in recent years, particularly in 2023 where expenses were a very small fraction of revenue. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess the allocation of funds. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to minimizing overhead in this area, which is a positive sign for transparency and donor trust. The organization's liabilities have remained relatively low compared to its assets, further indicating financial stability.
Overall, Friends Of The Ihes Inc appears to be in a strong financial position, marked by significant asset growth and a large surplus in its most recent filing. The lack of reported officer compensation is a notable strength in terms of transparency. However, a more granular breakdown of expenses would provide greater insight into how the substantial revenue is being utilized to achieve its mission.