Is Initiative For Global Development Legit?…

Quick charity verification for Initiative For Global Development (EIN: 208003146)

Red Flags

Significant decline in assets over the past decade (from $1,777,104 in 2011 to $543,209 in 2017)
History of expenses exceeding revenue in multiple years (e.g., 2016, 2015, 2014, 2012)
High volatility in annual revenue, making financial planning potentially challenging
Unusual consistent reporting of 0% officer compensation, which may warrant further investigation into leadership compensation structures.

Spending Breakdown

How Initiative For Global Development allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 Initiative For Global Development

Is Initiative For Global Development a legitimate charity?

Based on AI analysis of IRS 990 filings, Initiative For Global Development (EIN: 208003146) appears trustworthy. Mission Score: 75/100. 4 red flags identified, 3 strengths noted.

Is Initiative For Global Development a good charity to donate to?

Initiative For Global Development has a Mission Score of 75/100. Revenue: $1.0M. Assets: $543K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Initiative For Global Development?

The Employer Identification Number (EIN) for Initiative For Global Development is 208003146. 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 Initiative For Global Development spend its money?

Initiative For Global Development allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Initiative For Global Development's tax-exempt status?

You can verify Initiative For Global Development's tax-exempt status using EIN 208003146 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

Initiative For Global Development demonstrates a generally stable financial position, with its latest filing showing revenue of $1,040,985 slightly exceeding expenses of $1,036,574, resulting in a small surplus. However, the organization has experienced significant fluctuations in revenue and expenses over the past seven years, with revenue peaking at $2,625,089 in 2013 and dipping to $846,887 in 2015. Assets have also seen a decline from a high of $1,777,104 in 2011 to $543,209 in the latest period, indicating a shrinking financial footprint. The consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing administrative overhead in this area, which is a positive indicator for donor confidence.

While the provided data doesn't detail the exact breakdown of program, administrative, and fundraising expenses, the overall financial health appears to be managed, with liabilities remaining relatively low compared to assets. The organization's ability to operate with a surplus in the most recent year, after several years of deficits (e.g., 2016, 2015, 2014, 2012), suggests improved financial management or a shift in operational scale. The lack of reported officer compensation enhances transparency regarding executive pay.

To fully assess spending efficiency, a detailed breakdown of expenses would be necessary. However, the consistent reporting of 0% officer compensation is a strong point for transparency. The fluctuating revenue and asset base suggest a need for consistent fundraising and strategic financial planning to ensure long-term stability and growth, especially given the significant decrease in assets over the past decade.

Is Initiative For Global Development Legit?

Verdict: Initiative For Global Development appears trustworthy