Quick charity verification for Innocence Project Of Florida Inc (EIN: 200210812)
Verdict: Innocence Project Of Florida Inc appears trustworthy
95/100Mission Score
$2.3MRevenue
$3.1MAssets
1Red Flags
5Strengths
Red Flags
Unusually low (0%) reported officer compensation, which may warrant further inquiry into how leadership is compensated or structured.
Strengths
Consistent revenue surpluses across all reported periods, indicating strong financial health.
Significant growth in assets over the past decade, from $438,129 in 2014 to $2,470,027 in 2023.
Excellent transparency with consistent 0% officer compensation reported on IRS 990s.
Steady growth in revenue, demonstrating increasing support and operational capacity.
Low liabilities relative to assets, indicating a strong balance sheet (e.g., 2023 liabilities of $212,678 against assets of $2,470,027).
Spending Breakdown
How Innocence Project Of Florida Inc 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 Innocence Project Of Florida Inc
Is Innocence Project Of Florida Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Innocence Project Of Florida Inc (EIN: 200210812) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Innocence Project Of Florida Inc a good charity to donate to?
Innocence Project Of Florida Inc has a Mission Score of 95/100. Revenue: $2.3M. Assets: $3.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Innocence Project Of Florida Inc?
The Employer Identification Number (EIN) for Innocence Project Of Florida Inc is 200210812. 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 Innocence Project Of Florida Inc spend its money?
Innocence Project Of Florida Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Innocence Project Of Florida Inc's tax-exempt status?
You can verify Innocence Project Of Florida Inc's tax-exempt status using EIN 200210812 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 Innocence Project Of Florida Inc demonstrates a strong financial trajectory, with revenue consistently exceeding expenses across all reported periods. For instance, in 2023, revenue was $1,493,192 against expenses of $1,367,773, indicating a healthy surplus. The organization has also shown significant growth in assets, increasing from $438,129 in 2014 to $2,470,027 in 2023, suggesting effective financial management and accumulation of resources. The consistent reporting of 0% officer compensation across all filings is a notable indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries.
Spending efficiency appears high, as evidenced by the consistent surpluses. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the raw data, the overall financial health suggests that the organization is managing its resources effectively to achieve its mission. The growth in revenue and assets over the past decade points to increasing donor confidence and operational capacity.
Transparency is excellent, particularly concerning executive compensation. The consistent 0% officer compensation reported on the 990s is a strong positive signal regarding how funds are allocated. The regular filing of IRS 990s over 13 periods further enhances their transparency, allowing for public scrutiny of their financial activities.