Quick charity verification for In Mold Decorating Association Inc (EIN: 203534437)
Verdict: In Mold Decorating Association Inc appears trustworthy
70/100Mission Score
$110KRevenue
$16KAssets
2Red Flags
3Strengths
Red Flags
Consistent high liabilities relative to assets, indicating potential financial vulnerability or reliance on specific funding structures.
Fluctuating revenue stream, which could impact long-term planning and stability.
Strengths
Consistent 0% officer compensation, indicating a lean operational structure and dedication to mission.
Consistent filing of IRS 990s, demonstrating transparency.
Generally positive net income in recent years (e.g., $105,656 revenue vs. $86,139 expenses in 2023), showing operational sustainability.
Spending Breakdown
How In Mold Decorating Association Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 In Mold Decorating Association Inc
Is In Mold Decorating Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, In Mold Decorating Association Inc (EIN: 203534437) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is In Mold Decorating Association Inc a good charity to donate to?
In Mold Decorating Association Inc has a Mission Score of 70/100. Revenue: $110K. Assets: $16K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for In Mold Decorating Association Inc?
The Employer Identification Number (EIN) for In Mold Decorating Association Inc is 203534437. 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 In Mold Decorating Association Inc spend its money?
In Mold Decorating Association Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify In Mold Decorating Association Inc's tax-exempt status?
You can verify In Mold Decorating Association Inc's tax-exempt status using EIN 203534437 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 In Mold Decorating Association Inc (IMDA) demonstrates consistent operational activity with revenues fluctuating between approximately $55,000 and $137,000 over the past decade. The organization's financial health appears stable, with revenues generally exceeding expenses in recent years, such as in 2023 where revenue was $105,656 against expenses of $86,139. However, the organization consistently carries significant liabilities relative to its assets, with liabilities often exceeding assets by a substantial margin (e.g., $46,252 in liabilities vs. $6,977 in assets in 2023). This suggests a reliance on short-term funding or deferred revenue, which warrants closer examination.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent reporting of 0% officer compensation across all filings indicates a commitment to minimizing overhead in this area. The organization's transparency is good in terms of filing its IRS 990s consistently, but the lack of detailed expense categorization in the provided data limits a deeper analysis of how funds are allocated across its mission-related activities versus overhead. The relatively small asset base compared to liabilities is a recurring theme that could indicate financial precarity if not managed carefully.
Overall, IMDA appears to be a lean operation, consistently managing its expenses within its revenue streams in most recent years. The absence of officer compensation is a positive indicator for efficiency. However, the persistent high liabilities relative to assets suggest a need for careful financial management and could be a point of concern regarding long-term financial resilience.