Is Industry Council For Emergency Response Technologies Inc Legit?
Quick charity verification for Industry Council For Emergency Response Technologies Inc (EIN: 203878470)
Verdict: Industry Council For Emergency Response Technologies Inc shows mixed signals
65/100Mission Score
$404KRevenue
$23KAssets
2Red Flags
3Strengths
Red Flags
Expenses consistently exceeding revenue in recent years (e.g., $453,595 expenses vs. $402,605 revenue in 2023).
Significant decline in assets from $314,031 in 2021 to $23,403 currently.
Strengths
Consistent 0% officer compensation reported across all filings, indicating efficient use of funds for leadership.
Long and consistent history of IRS 990 filings (13 filings), demonstrating transparency.
No reported liabilities across all available filing periods.
Spending Breakdown
How Industry Council For Emergency Response Technologies 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 Industry Council For Emergency Response Technologies Inc
Is Industry Council For Emergency Response Technologies Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Industry Council For Emergency Response Technologies Inc (EIN: 203878470) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Industry Council For Emergency Response Technologies Inc a good charity to donate to?
Industry Council For Emergency Response Technologies Inc has a Mission Score of 65/100. Revenue: $404K. Assets: $23K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Industry Council For Emergency Response Technologies Inc?
The Employer Identification Number (EIN) for Industry Council For Emergency Response Technologies Inc is 203878470. 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 Industry Council For Emergency Response Technologies Inc spend its money?
Industry Council For Emergency Response Technologies Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Industry Council For Emergency Response Technologies Inc's tax-exempt status?
You can verify Industry Council For Emergency Response Technologies Inc's tax-exempt status using EIN 203878470 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 Industry Council For Emergency Response Technologies Inc (ICERT) demonstrates a consistent operational history with 13 IRS 990 filings. While the organization's revenue has fluctuated, ranging from $295,632 in 2017 to $709,226 in 2021, it generally operates on a modest scale. A notable aspect of ICERT's financial health is its tendency to incur expenses that sometimes exceed revenue, as seen in 2023 ($453,595 expenses vs. $402,605 revenue) and 2022 ($466,214 expenses vs. $372,234 revenue), leading to a decrease in assets from $314,031 in 2021 to $171,208 in 2023. This pattern suggests a reliance on prior year surpluses or a need for more consistent revenue generation to cover operational costs.
Regarding spending efficiency, without detailed expense breakdowns from the provided data, it's challenging to precisely assess program versus administrative spending. However, the consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to minimizing executive overhead, which is a positive sign for donor confidence. The organization's assets have seen a significant decline in recent years, from a peak of $314,031 in 2021 to $23,403 currently, which could impact its long-term financial stability if the trend of expenses exceeding revenue continues.
In terms of transparency, the organization has a robust filing history with 13 IRS 990 forms available, indicating a commitment to public disclosure. The absence of reported liabilities across all periods is also a positive indicator of financial management. However, the declining asset base and recurring deficits in recent years warrant closer monitoring to ensure the organization can sustain its mission effectively.