Is Integrated Community Alternatives Network Inc Legit?
Quick charity verification for Integrated Community Alternatives Network Inc (EIN: 161541078)
Verdict: Integrated Community Alternatives Network Inc appears trustworthy
85/100Mission Score
$34.0MRevenue
$27.4MAssets
1Red Flags
4Strengths
Red Flags
Unusually low (0%) reported officer compensation, which may indicate compensation is paid through a related entity not fully transparent in the summary data.
Strengths
Consistent and significant revenue growth, from $13.19 million in 2019 to $31.96 million in 2023, indicating expanding operations and support.
Healthy asset accumulation, with assets growing from $5.67 million in 2019 to $27.36 million in 2023, demonstrating financial stability.
Consistent operational surpluses, with revenue exceeding expenses in most reported periods (e.g., $31.96M revenue vs $29.97M expenses in 2023), allowing for reinvestment and growth.
Strong financial health with assets significantly exceeding liabilities ($27.36M assets vs $12.43M liabilities in 2023).
Spending Breakdown
How Integrated Community Alternatives Network 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 Integrated Community Alternatives Network Inc
Is Integrated Community Alternatives Network Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Integrated Community Alternatives Network Inc (EIN: 161541078) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Integrated Community Alternatives Network Inc a good charity to donate to?
Integrated Community Alternatives Network Inc has a Mission Score of 85/100. Revenue: $34.0M. Assets: $27.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Integrated Community Alternatives Network Inc?
The Employer Identification Number (EIN) for Integrated Community Alternatives Network Inc is 161541078. 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 Integrated Community Alternatives Network Inc spend its money?
Integrated Community Alternatives Network Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Integrated Community Alternatives Network Inc's tax-exempt status?
You can verify Integrated Community Alternatives Network Inc's tax-exempt status using EIN 161541078 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
Integrated Community Alternatives Network Inc (ICAN) demonstrates strong financial growth and a healthy financial position. Over the past five years, the organization's revenue has grown significantly, from $13.19 million in 2019 to $31.96 million in 2023, indicating expanding operations and increased support. Their assets have also seen substantial growth, reaching $27.36 million in 2023, while liabilities remain manageable at $12.43 million, suggesting good asset management and solvency. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of their transparency and financial management, indicating that executive leadership is not drawing salaries directly from the organization's funds, or that compensation is reported differently (e.g., through a related entity, which would warrant further investigation for full transparency). This practice, if accurately reflecting no compensation, could free up more resources for programmatic activities.
ICAN appears to be spending efficiently, with expenses consistently lower than revenue, allowing for asset accumulation and organizational stability. For instance, in 2023, expenses were $29.97 million against revenues of $31.96 million, leaving a surplus. The absence of reported officer compensation in the provided data is a significant positive for transparency, as it removes a common area of concern for nonprofits. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency across these categories is limited. Further details on their functional expenses would enhance the understanding of their operational efficiency.
Overall, ICAN exhibits robust financial health, marked by consistent revenue growth, increasing assets, and a seemingly lean approach to executive compensation based on the available data. Their ability to consistently generate surpluses suggests effective financial management and a sustainable operational model. The organization's financial trajectory indicates a growing capacity to deliver on its mission, supported by prudent fiscal practices.