Is Institute Of Makers Of Explosives Legit?…

Quick charity verification for Institute Of Makers Of Explosives (EIN: 130870910)

Spending Breakdown

How Institute Of Makers Of Explosives allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Makers Of Explosives

Is Institute Of Makers Of Explosives a legitimate charity?

Based on AI analysis of IRS 990 filings, Institute Of Makers Of Explosives (EIN: 130870910) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 5 strengths noted.

Is Institute Of Makers Of Explosives a good charity to donate to?

Institute Of Makers Of Explosives has a Mission Score of 75/100. Revenue: $2.5M. Assets: $2.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Institute Of Makers Of Explosives?

The Employer Identification Number (EIN) for Institute Of Makers Of Explosives is 130870910. 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 Makers Of Explosives spend its money?

Institute Of Makers Of Explosives allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Institute Of Makers Of Explosives's tax-exempt status?

You can verify Institute Of Makers Of Explosives's tax-exempt status using EIN 130870910 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 Makers Of Explosives demonstrates consistent financial activity, with revenues generally exceeding expenses in most recent years, contributing to a stable asset base. For instance, in 2023, revenue was $2,363,479 against expenses of $2,097,344, resulting in a surplus. The organization's assets have shown growth over the past decade, from $665,753 in 2014 to $2,345,893 in 2023, indicating sound financial management and accumulation of resources. Liabilities have fluctuated, with a notable increase in 2022 to $1,289,019, but have since decreased to $914,838 in 2023, suggesting active management of its financial obligations.

Spending efficiency appears reasonable, with expenses generally tracking revenue. The consistent reporting of 0% officer compensation across all available filings suggests that executive leadership may be compensated through other means or that the organization operates with a volunteer or externally funded leadership structure, which could be a positive indicator of resource allocation if the work is still effectively performed. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.

Transparency regarding executive compensation is high, with a clear 0% reported for officers. However, the lack of NTEE code information and detailed expense breakdowns in the provided data limits a comprehensive assessment of program focus and overall operational transparency. Further details on how expenses are categorized would enhance understanding of where the organization's funds are primarily directed.

Is Institute Of Makers Of Explosives Legit?

Verdict: Institute Of Makers Of Explosives appears trustworthy

Red Flags

Strengths