Is Italian American War Veterans Of The Us Inc Legit?
Quick charity verification for Italian American War Veterans Of The Us Inc (EIN: 116036327)
Verdict: Italian American War Veterans Of The Us Inc appears trustworthy
75/100Mission Score
$0Revenue
$0Assets
2Red Flags
4Strengths
Red Flags
Fluctuating and generally low revenue, which could impact long-term sustainability without consistent funding sources.
Lack of detailed expense breakdown in provided data makes it difficult to precisely assess program efficiency.
Strengths
Consistent reporting of 0% officer compensation, indicating a volunteer-driven model.
Zero liabilities reported across all filings, demonstrating strong financial stability.
Maintains a positive asset base, showing responsible financial management.
Consistent IRS 990 filings, indicating good transparency for its size.
Spending Breakdown
How Italian American War Veterans Of The Us 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 Italian American War Veterans Of The Us Inc
Is Italian American War Veterans Of The Us Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Italian American War Veterans Of The Us Inc (EIN: 116036327) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Italian American War Veterans Of The Us Inc a good charity to donate to?
Italian American War Veterans Of The Us Inc has a Mission Score of 75/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Italian American War Veterans Of The Us Inc?
The Employer Identification Number (EIN) for Italian American War Veterans Of The Us Inc is 116036327. 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 Italian American War Veterans Of The Us Inc spend its money?
Italian American War Veterans Of The Us Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Italian American War Veterans Of The Us Inc's tax-exempt status?
You can verify Italian American War Veterans Of The Us Inc's tax-exempt status using EIN 116036327 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 Italian American War Veterans Of The Us Inc appears to be a very small organization with fluctuating, but generally low, financial activity. Their latest filing for the period 202108 shows revenue of $4,650 and expenses of $2,600, resulting in a small surplus. Historically, their revenue has varied, peaking at $28,654 in 201208. The organization consistently reports zero liabilities and has maintained a modest asset base, reaching $28,070 in 202108. This indicates a stable, albeit small, financial position without significant debt.
Regarding spending efficiency, without detailed expense breakdowns beyond total expenses, it's challenging to precisely determine program efficiency. However, the consistent reporting of 0% officer compensation across all available filings suggests that the organization is run by volunteers, which can contribute to lower administrative costs. The organization's expenses have generally been in line with or slightly below revenue in most recent periods, indicating responsible financial management given its scale.
Transparency appears to be adequate for an organization of this size, with consistent IRS 990 filings available. The absence of officer compensation is a positive indicator of volunteer-driven operations. However, the lack of detailed expense breakdowns in the provided data limits a deeper analysis of how funds are allocated between programs, administration, and fundraising. Given its small scale and volunteer nature, it's likely that a significant portion of its activities are directly program-related, but this cannot be definitively confirmed from the provided summary data.