Is Inland Development Corporation Legit?

Quick charity verification for Inland Development Corporation (EIN: 201024004)

Verdict: Inland Development Corporation appears trustworthy

85/100Mission Score
$12.4MRevenue
$37.2MAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Inland Development Corporation allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
5%
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 Inland Development Corporation

Is Inland Development Corporation a legitimate charity?

Based on AI analysis of IRS 990 filings, Inland Development Corporation (EIN: 201024004) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Inland Development Corporation a good charity to donate to?

Inland Development Corporation has a Mission Score of 85/100. Revenue: $12.4M. Assets: $37.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Inland Development Corporation?

The Employer Identification Number (EIN) for Inland Development Corporation is 201024004. 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 Inland Development Corporation spend its money?

Inland Development Corporation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Inland Development Corporation's tax-exempt status?

You can verify Inland Development Corporation's tax-exempt status using EIN 201024004 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

Inland Development Corporation exhibits highly variable financial performance, with recent revenue in 2023 reaching an exceptional $18,929,183, significantly higher than previous years. This surge in revenue, coupled with relatively low expenses of $2,209,085 in the same period, suggests a substantial accumulation of assets, which grew from $11,814,749 in 2022 to $28,541,425 in 2023. The organization consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission rather than executive salaries. However, the dramatic fluctuations in revenue and expenses across years, such as the jump from $2,736,472 in revenue in 2022 to $18,929,183 in 2023, warrant further investigation to understand the nature of its funding and activities. While the low expense ratio in 2023 is positive, it's crucial to ascertain if this reflects efficient program delivery or a significant portion of funds being held rather than immediately deployed. The consistent growth in assets over the long term, from $5,864,122 in 2013 to $28,541,425 in 2023, demonstrates financial stability and capacity building. Overall, Inland Development Corporation appears financially robust, particularly in its latest filing, with strong asset growth and no reported executive compensation. The primary area for further scrutiny would be the detailed breakdown of its expenses to confirm efficient program spending, given the large revenue and asset figures, and to understand the drivers behind its highly volatile annual revenue figures.

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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