Is Institute For Economic Empowerment Of Women Legit?
Quick charity verification for Institute For Economic Empowerment Of Women (EIN: 204541417)
Verdict: Institute For Economic Empowerment Of Women appears trustworthy
85/100Mission Score
$109KRevenue
$123KAssets
1Red Flags
3Strengths
Red Flags
Fluctuating annual revenues and expenses, leading to occasional deficits (e.g., 202112 expenses exceeded revenue by $42,176).
Strengths
Consistent reporting of 0% officer compensation across all 12 filings, indicating efficient use of funds for mission.
Strong asset-to-liability ratio, with assets consistently far exceeding liabilities (e.g., $190,832 assets vs. $87 liabilities in 202212).
Long history of IRS 990 filings (12 periods), demonstrating commitment to transparency and compliance.
Spending Breakdown
How Institute For Economic Empowerment Of Women allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Institute For Economic Empowerment Of Women
Is Institute For Economic Empowerment Of Women a legitimate charity?
Based on AI analysis of IRS 990 filings, Institute For Economic Empowerment Of Women (EIN: 204541417) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Institute For Economic Empowerment Of Women a good charity to donate to?
Institute For Economic Empowerment Of Women has a Mission Score of 85/100. Revenue: $109K. Assets: $123K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Institute For Economic Empowerment Of Women?
The Employer Identification Number (EIN) for Institute For Economic Empowerment Of Women is 204541417. 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 Institute For Economic Empowerment Of Women spend its money?
Institute For Economic Empowerment Of Women allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Institute For Economic Empowerment Of Women's tax-exempt status?
You can verify Institute For Economic Empowerment Of Women's tax-exempt status using EIN 204541417 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 Institute For Economic Empowerment Of Women demonstrates a generally stable financial position, with assets consistently exceeding liabilities across its filing history. In the most recent period (202212), the organization reported $190,832 in assets against only $87 in liabilities, indicating strong financial solvency. While revenue and expenses have fluctuated, the organization has shown periods of significant surplus, such as in 202212 where revenue of $352,138 outpaced expenses of $310,749. However, there have also been periods of deficit spending, notably in 202112 where expenses exceeded revenue by over $42,000.
The organization's transparency is commendable, particularly given its consistent reporting of 0% officer compensation across all available filings. This suggests that the organization is either entirely volunteer-run at the executive level or that compensation is covered by other means not reported as officer compensation, which warrants further inquiry for complete understanding. The consistent filing of IRS Form 990s over 12 periods also points to a commitment to regulatory compliance and public disclosure.
Overall, the Institute For Economic Empowerment Of Women appears to be a financially sound organization with a good track record of transparency regarding executive pay. Its ability to manage assets and liabilities effectively, coupled with consistent reporting, contributes to a positive assessment of its financial health and transparency, though a deeper dive into program spending efficiency would provide a more complete picture.