Quick charity verification for Institute For Humanist Studies Inc (EIN: 141816621)
Verdict: Institute For Humanist Studies Inc shows mixed signals
45/100Mission Score
$14KRevenue
$18KAssets
3Red Flags
3Strengths
Red Flags
Consistent operational deficits, with expenses regularly exceeding revenue (e.g., $16,946 expenses vs. $14,013 revenue in 2023).
Significant decline in total assets over the past decade, from $137,934 in 2014 to $14,064 in 2023.
Increasing liabilities in recent years, reaching $12,557 in 2023, potentially indicating financial strain or reliance on debt.
Strengths
Consistent filing of IRS 990 forms for 13 periods, indicating good transparency.
Reported 0% officer compensation across all filings, suggesting a volunteer-led or highly efficient executive structure.
Long operational history (13 filings available) despite financial challenges.
Spending Breakdown
How Institute For Humanist Studies Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 Institute For Humanist Studies Inc
Is Institute For Humanist Studies Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Institute For Humanist Studies Inc (EIN: 141816621) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.
Is Institute For Humanist Studies Inc a good charity to donate to?
Institute For Humanist Studies Inc has a Mission Score of 45/100. Revenue: $14K. Assets: $18K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Institute For Humanist Studies Inc?
The Employer Identification Number (EIN) for Institute For Humanist Studies Inc is 141816621. 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 Humanist Studies Inc spend its money?
Institute For Humanist Studies Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Institute For Humanist Studies Inc's tax-exempt status?
You can verify Institute For Humanist Studies Inc's tax-exempt status using EIN 141816621 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 Humanist Studies Inc. appears to be a small organization with limited financial activity, consistently operating at a deficit over the past several years. For instance, in 2023, its expenses of $16,946 exceeded its revenue of $14,013, a trend observed in all provided filings. This consistent spending beyond revenue has led to a significant decline in assets, from a high of $137,934 in 2014 to $14,064 in 2023. The organization's financial health is concerning given this sustained operational deficit and shrinking asset base.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent deficit suggests that current revenue streams are insufficient to cover operational costs. The organization reports 0% officer compensation across all filings, which indicates a volunteer-led or very lean executive structure, potentially contributing to lower administrative overhead in that specific area. However, the overall expenses still outstrip revenue.
Transparency is generally good, as evidenced by 13 years of publicly available IRS 990 filings. The consistent reporting of 0% officer compensation is a positive sign of transparency regarding executive pay. However, the lack of detailed functional expense breakdowns in the provided summary makes a deeper analysis of spending efficiency difficult without reviewing the full 990 forms.