Is Independent Voter Project Legit?

Quick charity verification for Independent Voter Project (EIN: 204842091)

Verdict: Independent Voter Project appears trustworthy

85/100Mission Score

$3.0MRevenue

$811KAssets

1Red Flags

4Strengths

Red Flags

Fluctuating annual revenues and expenses, with some years showing expenses exceeding revenue (e.g., 2021, 2019).

Strengths

Consistent reporting of 0% officer compensation, indicating high efficiency in directing funds.
Zero reported liabilities across all available filings, demonstrating strong financial management.
Significant growth in assets, from $42,149 in 2015 to $811,256 currently, indicating increasing financial capacity.
Latest revenue of $3,022,639 represents a substantial increase, suggesting strong donor support or program success.

Spending Breakdown

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

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Voter Project

Is Independent Voter Project a legitimate charity?

Based on AI analysis of IRS 990 filings, Independent Voter Project (EIN: 204842091) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Independent Voter Project a good charity to donate to?

Independent Voter Project has a Mission Score of 85/100. Revenue: $3.0M. Assets: $811K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Independent Voter Project?

The Employer Identification Number (EIN) for Independent Voter Project is 204842091. 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 Voter Project spend its money?

Independent Voter Project allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

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

You can verify Independent Voter Project's tax-exempt status using EIN 204842091 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 Independent Voter Project demonstrates a fluctuating but generally positive financial trajectory, with its latest reported revenue at $3,022,639 and assets at $811,256. While the organization has experienced periods where expenses exceeded revenue, such as in 2021 ($882,122 expenses vs. $791,924 revenue) and 2019 ($1,358,519 expenses vs. $1,181,368 revenue), it has also shown strong growth and surpluses, notably in 2022 with revenue of $1,618,380 against expenses of $1,375,137, leading to a significant increase in assets from $74,112 in 2021 to $317,355 in 2022. The consistent reporting of zero liabilities across all available filings indicates sound financial management regarding debt.

Spending efficiency appears to be a strength, particularly given the consistent 0% officer compensation reported, suggesting that resources are directed towards programs and operational costs rather than high executive salaries. The absence of officer compensation also enhances transparency, as it removes a common area of concern for donors. The organization's assets have grown substantially, from $42,149 in 2015 to $811,256 currently, indicating a healthy accumulation of resources over time. This growth, coupled with no reported liabilities, paints a picture of a financially stable and well-managed nonprofit.

Overall, the Independent Voter Project exhibits good financial health and spending efficiency. The consistent reporting of zero officer compensation is a significant positive indicator of its commitment to directing funds towards its mission. Its transparency is bolstered by a clear financial history with no reported liabilities, suggesting responsible fiscal stewardship.

View Full Transparency Report →

Disclaimer

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