Is International Federation Of Technical Analysts Legit?
Quick charity verification for International Federation Of Technical Analysts (EIN: 133322948)
Verdict: International Federation Of Technical Analysts appears trustworthy
85/100Mission Score
$221KRevenue
$593KAssets
3Red Flags
5Strengths
Red Flags
Lack of detailed program, administrative, and fundraising expense breakdown in provided data, making precise efficiency analysis difficult.
Unspecified NTEE code, which can hinder clear understanding of mission and comparability.
Consistent 0% officer compensation reported, which, while potentially positive, could also indicate compensation is reported in less transparent categories or that the organization relies heavily on uncompensated leadership, which may not be sustainable long-term.
Strengths
Consistent financial surpluses, with revenue exceeding expenses in most years (e.g., 2023 revenue $227,418 vs. expenses $169,576).
Strong asset growth over the past decade, from $173,134 in 2014 to $456,139 in 2023.
Low and stable liabilities, indicating good financial management and minimal debt.
Consistent filing of IRS Form 990s, demonstrating a commitment to transparency.
Zero reported officer compensation across all filings, suggesting a lean operational structure or volunteer leadership.
Spending Breakdown
How International Federation Of Technical Analysts 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 International Federation Of Technical Analysts
Is International Federation Of Technical Analysts a legitimate charity?
Based on AI analysis of IRS 990 filings, International Federation Of Technical Analysts (EIN: 133322948) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 5 strengths noted.
Is International Federation Of Technical Analysts a good charity to donate to?
International Federation Of Technical Analysts has a Mission Score of 85/100. Revenue: $221K. Assets: $593K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for International Federation Of Technical Analysts?
The Employer Identification Number (EIN) for International Federation Of Technical Analysts is 133322948. 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 International Federation Of Technical Analysts spend its money?
International Federation Of Technical Analysts allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify International Federation Of Technical Analysts's tax-exempt status?
You can verify International Federation Of Technical Analysts's tax-exempt status using EIN 133322948 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 International Federation Of Technical Analysts (IFTA) demonstrates consistent financial health over the past decade, with revenues generally exceeding expenses, leading to a steady growth in assets. For instance, in 2023, revenue was $227,418 against expenses of $169,576, contributing to an asset base of $456,139. The organization has shown a remarkable increase in assets from $173,134 in 2014 to $456,139 in 2023, indicating sound financial management and accumulation of reserves. Liabilities have remained relatively low and stable, suggesting good fiscal control.
Spending efficiency appears strong, as the organization consistently operates with a surplus, allowing for asset growth. The absence of reported officer compensation across all filings indicates that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive sign for donor confidence regarding overhead. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.
Transparency is generally good given the consistent filing of IRS Form 990s. The consistent reporting of zero officer compensation is a notable point for transparency. However, the lack of a specified NTEE code makes it harder for external parties to quickly understand its primary mission area, which could be improved for better transparency and comparability with peer organizations.