Is International Womens Insolvency & Restructuring Confederation Inc Legit?
Quick charity verification for International Womens Insolvency & Restructuring Confederation Inc (EIN: 133769243)
Verdict: International Womens Insolvency & Restructuring Confederation Inc appears trustworthy
85/100Mission Score
$957KRevenue
$1.2MAssets
1Red Flags
4Strengths
Red Flags
Operating deficit in 2023 ($195,336), where expenses exceeded revenue.
Strengths
Consistent asset growth over the past decade, reaching over $1.1 million.
0% officer compensation reported across all filings, indicating volunteer executive leadership.
Strong revenue growth trend over the past several years.
Healthy asset-to-liability ratio, with assets significantly exceeding liabilities ($1,141,420 assets vs. $315,202 liabilities in 2023).
Spending Breakdown
How International Womens Insolvency & Restructuring Confederation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 International Womens Insolvency & Restructuring Confederation Inc
Is International Womens Insolvency & Restructuring Confederation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, International Womens Insolvency & Restructuring Confederation Inc (EIN: 133769243) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is International Womens Insolvency & Restructuring Confederation Inc a good charity to donate to?
International Womens Insolvency & Restructuring Confederation Inc has a Mission Score of 85/100. Revenue: $957K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for International Womens Insolvency & Restructuring Confederation Inc?
The Employer Identification Number (EIN) for International Womens Insolvency & Restructuring Confederation Inc is 133769243. 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 Womens Insolvency & Restructuring Confederation Inc spend its money?
International Womens Insolvency & Restructuring Confederation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify International Womens Insolvency & Restructuring Confederation Inc's tax-exempt status?
You can verify International Womens Insolvency & Restructuring Confederation Inc's tax-exempt status using EIN 133769243 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 Women's Insolvency & Restructuring Confederation Inc. (IWIRC) demonstrates a generally stable financial position, with assets consistently growing over the past decade, reaching $1,141,420 in 2023. While the organization experienced a deficit in 2023, with expenses ($961,930) exceeding revenue ($766,594), this appears to be an anomaly in a trend of revenue growth and positive net income in prior years. The organization's NTEE code S41 (Legal Services) suggests a focus on professional development and networking within a specific legal field, which often entails significant program costs related to conferences, training, and member services. The consistent growth in assets indicates sound financial management over the long term, building reserves to support its mission.
IWIRC's transparency is commendable, particularly its consistent reporting of 0% officer compensation across all available filings. This indicates that the organization is primarily volunteer-led at the executive level, which is a strong positive for donor confidence. The detailed 990 filings provide a clear picture of its financial activities, allowing for thorough analysis. The organization's financial health, despite the recent deficit, appears robust given its asset base and historical performance, suggesting a capacity to absorb short-term fluctuations.
Spending efficiency, while not fully detailed in the provided data, can be inferred to be reasonable given the nature of a professional association. The absence of officer compensation significantly reduces overhead. Further analysis of program vs. administrative costs would provide a more precise measure of efficiency, but the overall financial picture suggests a well-managed entity focused on its professional community.