Is Industrial Designers Society Of America Inc Legit?

Quick charity verification for Industrial Designers Society Of America Inc (EIN: 132517431)

Verdict: Industrial Designers Society Of America Inc appears trustworthy

78/100Mission Score
$4.5MRevenue
$2.1MAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Industrial Designers Society Of America Inc allocates its funds across programs, administration, and fundraising.

75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Industrial Designers Society Of America Inc

Is Industrial Designers Society Of America Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Industrial Designers Society Of America Inc (EIN: 132517431) appears trustworthy. Mission Score: 78/100. 2 red flags identified, 4 strengths noted.

Is Industrial Designers Society Of America Inc a good charity to donate to?

Industrial Designers Society Of America Inc has a Mission Score of 78/100. Revenue: $4.5M. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Industrial Designers Society Of America Inc?

The Employer Identification Number (EIN) for Industrial Designers Society Of America Inc is 132517431. 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 Industrial Designers Society Of America Inc spend its money?

Industrial Designers Society Of America Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Industrial Designers Society Of America Inc's tax-exempt status?

You can verify Industrial Designers Society Of America Inc's tax-exempt status using EIN 132517431 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 Industrial Designers Society Of America Inc (IDSA) demonstrates a generally stable financial position, with assets consistently growing over the past decade, reaching $1,931,682 in 2023. While the organization experienced a slight deficit in 2023, with expenses exceeding revenue by $191,796, this follows several years of positive net income, indicating a generally well-managed financial strategy. The consistent growth in assets, from $1,138,350 in 2015 to nearly double that in 2023, suggests prudent financial management and accumulation of resources. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, providing a clear historical record of its financial activities. IDSA's spending efficiency appears to be reasonable, though specific program spending ratios are not explicitly detailed in the provided summary. However, the consistent operational expenses relative to revenue suggest a stable cost structure. The absence of reported officer compensation across all filings is a notable point regarding executive remuneration, indicating that top leadership may be compensated through other means or that the organization operates with a volunteer-led executive structure, which could contribute to lower administrative overhead. Further analysis of the detailed 990 forms would be needed to fully assess the breakdown of program, administrative, and fundraising expenses. Overall, IDSA appears to be a financially sound organization with a history of asset growth and consistent operations. The lack of reported officer compensation is a positive indicator for resource allocation, and the consistent filing of financial data supports transparency. The recent deficit in 2023 warrants monitoring, but given the overall trend, it may be an anomaly rather than a systemic issue.

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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