Quick charity verification for Independent Living Association Inc (EIN: 112729771)
Verdict: Independent Living Association Inc appears trustworthy
85/100Mission Score
$61.1MRevenue
$34.6MAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation for a large organization, which may obscure actual leadership costs if reported elsewhere.
Slight operational deficit in the most recent filing (202306), with expenses ($63,575,370) exceeding revenue ($62,522,358).
Strengths
Strong program spending, indicating a high percentage of funds directly supporting the mission.
Consistent growth in assets over the past decade, demonstrating financial stability and capacity.
Significant revenue growth over the past decade, reflecting expanding operations and impact.
Low liabilities relative to assets, indicating a healthy balance sheet.
Spending Breakdown
How Independent Living Association Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Independent Living Association Inc
Is Independent Living Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Independent Living Association Inc (EIN: 112729771) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Independent Living Association Inc a good charity to donate to?
Independent Living Association Inc has a Mission Score of 85/100. Revenue: $61.1M. Assets: $34.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Independent Living Association Inc?
The Employer Identification Number (EIN) for Independent Living Association Inc is 112729771. 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 Independent Living Association Inc spend its money?
Independent Living Association Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Independent Living Association Inc's tax-exempt status?
You can verify Independent Living Association Inc's tax-exempt status using EIN 112729771 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
Independent Living Association Inc. demonstrates a generally stable financial position, with revenues consistently exceeding or closely matching expenses over the past decade. In the most recent filing (202306), the organization reported revenues of $62,522,358 against expenses of $63,575,370, indicating a slight operational deficit for that period. However, the prior year (202206) showed a significant surplus with revenues of $74,420,946 and expenses of $67,004,058. The organization's assets have shown consistent growth, reaching $38,017,119 in 202306, which is a positive indicator of long-term stability.
The organization appears to be efficient in its spending, with a strong focus on program delivery, as evidenced by the high program spending ratio. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards its mission rather than executive salaries, which is a strong positive for transparency and donor confidence. While the slight deficit in the latest period warrants monitoring, the overall trend of financial health and asset growth is reassuring.