Quick charity verification for I Earn Inc (EIN: 133782233)
Verdict: I Earn Inc appears trustworthy
85/100Mission Score
$5.1MRevenue
$1.4MAssets
2Red Flags
4Strengths
Red Flags
Significant increase in liabilities from $43,947 in 2016 to $1,414,801 in 2023.
Substantial decrease in assets from a peak of $6,677,061 in 2016 to $1,842,446 in 2023.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for leadership.
Recent revenue consistently exceeding expenses (e.g., $4,763,776 revenue vs. $4,651,746 expenses in 2023).
Long history of IRS 990 filings (14 filings), demonstrating commitment to transparency and compliance.
Positive net income in most recent years, indicating financial stability in operations.
Spending Breakdown
How I Earn Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 I Earn Inc
Is I Earn Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, I Earn Inc (EIN: 133782233) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is I Earn Inc a good charity to donate to?
I Earn Inc has a Mission Score of 85/100. Revenue: $5.1M. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for I Earn Inc?
The Employer Identification Number (EIN) for I Earn Inc is 133782233. 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 I Earn Inc spend its money?
I Earn Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify I Earn Inc's tax-exempt status?
You can verify I Earn Inc's tax-exempt status using EIN 133782233 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
I Earn Inc demonstrates a generally stable financial position, with recent revenues consistently exceeding expenses, as seen in 2023 ($4,763,776 revenue vs. $4,651,746 expenses). However, the organization has experienced significant fluctuations in assets over the past decade, peaking at $6,677,061 in 2016 and declining to $1,842,446 in 2023. This volatility, coupled with a notable increase in liabilities from $43,947 in 2016 to $1,414,801 in 2023, warrants closer examination. The consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing administrative overhead in this area, which is a positive indicator of financial stewardship.
The organization's spending efficiency appears reasonable, with a healthy program spending ratio. While specific breakdowns for administrative and fundraising costs are not provided in the raw data, the overall financial health seems to support its mission. The consistent filing of IRS Form 990s over 14 periods indicates a commitment to transparency and regulatory compliance, allowing for public scrutiny of its financial operations. The absence of reported officer compensation is a strong point for transparency regarding executive pay.
Despite the positive revenue-to-expense trend in recent years, the substantial increase in liabilities and the decrease in assets from historical highs suggest a need for careful monitoring of its balance sheet. The organization's ability to manage these liabilities and rebuild its asset base will be crucial for long-term sustainability. Overall, I Earn Inc appears to be a financially sound organization with good transparency practices, though its balance sheet trends deserve attention.