Is International Technical Electric &Construction Inc Legit?
Quick charity verification for International Technical Electric &Construction Inc (EIN: 205940449)
Verdict: International Technical Electric &Construction Inc appears trustworthy
90/100Mission Score
$536KRevenue
$1.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial surpluses, such as $62,857 in 202312.
Zero officer compensation reported across all filings, indicating high efficiency and mission focus.
Significant asset growth from $613,128 in 2014 to $1,133,304 in 2023.
Positive trend in revenue growth over the past decade, reaching $1,279,375 in 202312.
Regular and consistent IRS 990 filings, demonstrating transparency.
Spending Breakdown
How International Technical Electric &Construction Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
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 Technical Electric &Construction Inc
Is International Technical Electric &Construction Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, International Technical Electric &Construction Inc (EIN: 205940449) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is International Technical Electric &Construction Inc a good charity to donate to?
International Technical Electric &Construction Inc has a Mission Score of 90/100. Revenue: $536K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for International Technical Electric &Construction Inc?
The Employer Identification Number (EIN) for International Technical Electric &Construction Inc is 205940449. 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 Technical Electric &Construction Inc spend its money?
International Technical Electric &Construction Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify International Technical Electric &Construction Inc's tax-exempt status?
You can verify International Technical Electric &Construction Inc's tax-exempt status using EIN 205940449 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
International Technical Electric & Construction Inc. demonstrates a generally healthy financial position with consistent revenue growth and positive net assets over the past several years. The organization's latest filing (202312) shows revenue of $1,279,375 against expenses of $1,216,518, indicating a surplus. Their assets have also grown significantly, reaching $1,133,304 in 2023, up from $613,128 in 2014, suggesting good financial management and asset accumulation. The organization consistently reports 0% officer compensation, which is a strong indicator of efficient spending and a focus on mission-related activities rather than executive enrichment.
While specific program spending percentages are not detailed in the provided data, the consistent surpluses and zero officer compensation suggest that a significant portion of funds is likely directed towards their NTEE code Q32 mission (International, Foreign Affairs & National Security). The organization's liabilities have fluctuated, with a notable increase in 202212 to $527,880, but have since decreased to $113,602 in 202312, indicating effective management of debt. The consistent filing of IRS 990 forms over 13 periods also points to a commitment to transparency.
Overall, International Technical Electric & Construction Inc. appears to be a financially sound organization with a strong commitment to its mission, evidenced by its financial growth, prudent expense management, and lack of executive compensation. Further analysis of detailed program expenses would provide a more granular view of spending efficiency, but the available data is positive.