Is Independent Transportation Network Legit?

Quick charity verification for Independent Transportation Network (EIN: 10504322)

Verdict: Independent Transportation Network appears trustworthy

70/100Mission Score
$165KRevenue
$114KAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Independent Transportation Network (ITN) demonstrates a mixed financial picture. While the organization consistently files its IRS 990 forms, indicating a commitment to transparency, its financial health shows some volatility. For instance, in the 202306 period, expenses ($121,578) exceeded revenue ($106,268), leading to a deficit. This trend of expenses sometimes outpacing revenue is observed in several periods, such as 201706 and 201606. However, the organization also shows periods of strong revenue generation, like $299,545 in 202206, which significantly outpaced expenses of $144,815, allowing for asset growth. The organization's asset base has fluctuated, reaching a high of $156,979 in 202206 before decreasing to $140,583 in 202306. Liabilities have generally been managed, though they were notably high in earlier periods (e.g., $135,744 in 201706) and have since decreased to $29,847 in 202306, which is a positive sign. The consistent reporting of 0% officer compensation across all available filings suggests a lean administrative structure at the top, which is a positive indicator for spending efficiency. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.

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Disclaimer

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

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