Is Main Automobile Dealers Assoc Inc…

Quick charity verification for Main Automobile Dealers Assoc Inc Insurance Trust 180 Civic Center D (EIN: 10288347)

Strengths

Strong asset base relative to liabilities: Assets of $11,389,936 against liabilities of $2,175,558 (202305) indicate good financial solvency.
No reported officer compensation: This suggests a highly efficient use of funds by avoiding executive salary expenses.
Consistent regulatory compliance: 13 IRS 990 filings demonstrate a commitment to transparency and reporting.
Stable revenue generation: Consistently generating over $27 million in revenue annually over the past decade indicates a robust operational model.

Spending Breakdown

How Main Automobile Dealers Assoc Inc Insurance Trust 180 Civic Center D allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Main Automobile Dealers Assoc Inc Insurance Trust 180 Civic Center D

Is Main Automobile Dealers Assoc Inc Insurance Trust 180 Civic Center D a legitimate charity?

Based on AI analysis of IRS 990 filings, Main Automobile Dealers Assoc Inc Insurance Trust 180 Civic Center D (EIN: 10288347) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Main Automobile Dealers Assoc Inc Insurance Trust 180 Civic Center D a good charity to donate to?

Main Automobile Dealers Assoc Inc Insurance Trust 180 Civic Center D has a Mission Score of 75/100. Revenue: $35.4M. Assets: $11.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Main Automobile Dealers Assoc Inc Insurance Trust 180 Civic Center D?

The Employer Identification Number (EIN) for Main Automobile Dealers Assoc Inc Insurance Trust 180 Civic Center D is 10288347. 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 Main Automobile Dealers Assoc Inc Insurance Trust 180 Civic Center D spend its money?

Main Automobile Dealers Assoc Inc Insurance Trust 180 Civic Center D allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Main Automobile Dealers Assoc Inc Insurance Trust 180 Civic Center D's tax-exempt status?

You can verify Main Automobile Dealers Assoc Inc Insurance Trust 180 Civic Center D's tax-exempt status using EIN 10288347 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

Main Automobile Dealers Assoc Inc Insurance Trust demonstrates consistent financial activity, with revenues and expenses generally in the $27-35 million range over the past decade. The organization's assets have fluctuated, peaking at $12,278,227 in 2017 and currently standing at $11,389,936. While the latest revenue is $35,385,292, the most recent detailed filing (202305) shows expenses of $32,171,634 against revenues of $31,244,375, indicating a slight operating deficit in that period. This trend of expenses sometimes exceeding revenue is observed in several periods, such as 202305, 202205, 202005, and 201805, suggesting that the organization occasionally operates at a loss, which could impact long-term financial stability if not managed effectively.

The organization's spending efficiency appears to be focused on its core insurance trust activities, as indicated by the NTEE code E81Z (Insurance Providers). Without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, it's challenging to precisely assess spending efficiency. However, the consistent operational scale suggests a stable, albeit sometimes tight, financial model. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its financial transparency and could indicate a volunteer-led or externally managed executive structure, which is a positive sign for minimizing overhead related to executive pay.

Overall, the organization maintains a healthy asset base relative to its liabilities, with assets of $11,389,936 and liabilities of $2,175,558 in the 202305 period, indicating good solvency. The consistent filing of IRS 990s over 13 periods demonstrates a commitment to regulatory transparency. However, a deeper dive into the functional expense breakdown would be necessary to fully evaluate program efficiency and administrative overhead.

Is Main Automobile Dealers Assoc Inc Insurance Trust 180 Civic Center D Legit?

Verdict: Main Automobile Dealers Assoc Inc Insurance Trust 180 Civic Center D appears trustworthy

Red Flags