No reported liabilities across all 14 filing periods, demonstrating strong fiscal responsibility.
Long history of consistent IRS 990 filings (14 filings), indicating transparency and compliance.
Operates with a lean financial model, directing most funds to current activities rather than accumulating large reserves.
Spending Breakdown
How Industrial Energy Consumer Group allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Energy Consumer Group
Is Industrial Energy Consumer Group a legitimate charity?
Based on AI analysis of IRS 990 filings, Industrial Energy Consumer Group (EIN: 10408591) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Industrial Energy Consumer Group a good charity to donate to?
Industrial Energy Consumer Group has a Mission Score of 85/100. Revenue: $431K. Assets: $221K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Industrial Energy Consumer Group?
The Employer Identification Number (EIN) for Industrial Energy Consumer Group is 10408591. 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 Energy Consumer Group spend its money?
Industrial Energy Consumer Group allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Industrial Energy Consumer Group's tax-exempt status?
You can verify Industrial Energy Consumer Group's tax-exempt status using EIN 10408591 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 Energy Consumer Group demonstrates a consistent operational pattern of spending nearly all its revenue each year, often exceeding it, as seen in 2022 where expenses of $683,606 surpassed revenue of $637,659. This indicates a lean operational model with minimal accumulation of assets, though assets have shown some growth in recent years, reaching $56,607 in 2023 from $27,534 in 2022. The organization consistently reports zero officer compensation, which is a significant indicator of volunteer-led or very low-cost leadership, enhancing its financial efficiency from a compensation perspective.
The organization's financial health appears stable given its consistent revenue streams over many years, though it operates with very tight margins. The lack of liabilities across all reported periods is a strong positive indicator of fiscal responsibility. While specific program spending details are not provided in the summary data, the overall operational efficiency, marked by minimal asset accumulation and no officer compensation, suggests a focus on direct expenditures related to its mission. Transparency is generally good through its consistent 990 filings, but without NTEE code or detailed program expense breakdowns, a full assessment of program effectiveness is challenging.
Overall, the Industrial Energy Consumer Group appears to be a fiscally conservative organization that manages its finances without accumulating debt and operates with a volunteer or very low-cost leadership structure. Its financial health is characterized by a 'break-even' operational style, which, while not building significant reserves, ensures that most incoming funds are directly applied to its activities.