Quick charity verification for Institute Of Current World Affairs Inc (EIN: 131621044)
Verdict: Institute Of Current World Affairs Inc appears trustworthy
85/100Mission Score
$3.3MRevenue
$8.7MAssets
2Red Flags
4Strengths
Red Flags
No reported officer compensation, which is unusual for an organization of this size and could indicate a lack of transparency regarding executive pay structures if compensation is indeed being paid but not reported as 'officer compensation'.
Significant year-over-year revenue fluctuations, indicating potential instability in funding sources.
Strengths
Consistent asset growth, demonstrating strong financial management and long-term stability (from $5.17M in 2011 to $8.62M in 2023).
Low liabilities relative to assets, indicating a healthy balance sheet (e.g., $417,864 liabilities vs $8,618,565 assets in 2023).
Positive net assets, indicating financial resilience.
Spending Breakdown
How Institute Of Current World Affairs Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Of Current World Affairs Inc
Is Institute Of Current World Affairs Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Institute Of Current World Affairs Inc (EIN: 131621044) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Institute Of Current World Affairs Inc a good charity to donate to?
Institute Of Current World Affairs Inc has a Mission Score of 85/100. Revenue: $3.3M. Assets: $8.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Institute Of Current World Affairs Inc?
The Employer Identification Number (EIN) for Institute Of Current World Affairs Inc is 131621044. 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 Of Current World Affairs Inc spend its money?
Institute Of Current World Affairs Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Institute Of Current World Affairs Inc's tax-exempt status?
You can verify Institute Of Current World Affairs Inc's tax-exempt status using EIN 131621044 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 Of Current World Affairs Inc demonstrates a generally stable financial position with consistent asset growth over the past decade, increasing from $5.17 million in 2011 to $8.62 million in 2023. Revenue has fluctuated significantly year-to-year, ranging from a low of $671,382 in 2019 to a high of $1,695,105 in 2020, indicating reliance on variable funding sources. Despite these fluctuations, expenses have remained relatively consistent, typically staying below $900,000 annually, which suggests good cost control.
The organization's financial health appears sound, with assets significantly exceeding liabilities across all reported periods. The absence of reported officer compensation in all available filings is a notable aspect of its transparency and operational structure, suggesting either a volunteer-led executive team or compensation falling below reporting thresholds, which warrants further investigation for complete understanding. The consistent growth in assets, even during periods of lower revenue, points to effective financial management and potentially strong investment returns or endowment growth.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent expense levels relative to fluctuating revenue suggest a lean operational model. The lack of reported officer compensation is a positive indicator for transparency regarding executive pay, though a full picture of all compensation would require deeper analysis of the 990 forms.