Is Independent Newspaper Legit?

Quick charity verification for Independent Newspaper (EIN: 113379450)

Verdict: Independent Newspaper appears trustworthy

75/100Mission Score
$40KRevenue
$82KAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Independent Newspaper allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Newspaper

Is Independent Newspaper a legitimate charity?

Based on AI analysis of IRS 990 filings, Independent Newspaper (EIN: 113379450) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Independent Newspaper a good charity to donate to?

Independent Newspaper has a Mission Score of 75/100. Revenue: $40K. Assets: $82K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Independent Newspaper?

The Employer Identification Number (EIN) for Independent Newspaper is 113379450. 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 Newspaper spend its money?

Independent Newspaper allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Independent Newspaper's tax-exempt status?

You can verify Independent Newspaper's tax-exempt status using EIN 113379450 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 Newspaper demonstrates consistent, albeit modest, financial activity over the past decade. With latest reported revenue of $39,717 and assets of $81,911 in 2020, the organization operates on a relatively small scale. A notable strength is its consistent reporting with 10 filings, indicating a commitment to transparency. The organization has maintained zero liabilities across all reported periods, suggesting sound financial management and no reliance on debt. However, the organization has frequently operated at a deficit, with expenses exceeding revenue in 7 out of the last 10 reported periods. For instance, in 2019, expenses were $46,021 against revenues of $33,145, and in 2015, expenses were $76,874 against revenues of $42,010. This trend of spending more than it earns could raise concerns about long-term sustainability if not addressed. Despite these deficits, the organization has maintained a healthy asset base, though it has seen a gradual decline from $141,802 in 2013 to $81,911 in 2020, likely drawing down reserves to cover operational shortfalls. The absence of reported officer compensation across all filings is a significant indicator of efficiency and a strong program focus, as it implies that leadership may be volunteer-based or compensated through other means not classified as officer compensation. This practice allows a greater proportion of funds to be directed towards the organization's mission. The consistent filing history further enhances its transparency profile, providing a clear record of its financial operations.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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