Quick charity verification for Modern Greek Studies Association (EIN: 221992750)
Verdict: Modern Greek Studies Association shows mixed signals
65/100Mission Score
$189KRevenue
$931KAssets
3Red Flags
3Strengths
Red Flags
Program spending appears low relative to total expenses; for example, in 2023, with $63,131 in total expenses, the lack of specific program expenditure details is a concern.
The consistent reporting of $0 executive compensation across multiple years for an organization with significant assets ($930,766 in 2023) could indicate a lack of transparency regarding leadership costs or an unusual operational model.
The organization's net assets have grown significantly from $626,364 in 2018 to $930,766 in 2023, while revenue has fluctuated, suggesting a focus on asset accumulation over direct program expansion.
Strengths
The organization maintains a healthy asset base, with $930,766 in assets as of 2023, indicating financial stability.
Consistently low liabilities (reported as $0 in most years) suggest sound financial management and minimal debt.
The organization has consistently filed its financial reports, demonstrating a commitment to regulatory compliance.
Spending Breakdown
How Modern Greek Studies Association allocates its funds across programs, administration, and fundraising.
43%
Program Spending
Concerning — less than half to programs
57%
Admin Costs
High — over 25% on administration
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 Modern Greek Studies Association
Is Modern Greek Studies Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Modern Greek Studies Association (EIN: 221992750) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Modern Greek Studies Association a good charity to donate to?
Modern Greek Studies Association has a Mission Score of 65/100. Revenue: $189K. Assets: $931K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Modern Greek Studies Association?
The Employer Identification Number (EIN) for Modern Greek Studies Association is 221992750. 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 Modern Greek Studies Association spend its money?
Modern Greek Studies Association allocates 43% to programs, 57% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Modern Greek Studies Association's tax-exempt status?
You can verify Modern Greek Studies Association's tax-exempt status using EIN 221992750 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
Modern Greek Studies Association is a unknown nonprofit based in Providence, Rhode Island, with reported revenue of $189K and assets of $931K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 43% of spending goes to programs, 57% to administration, and 0% to fundraising. The organization reports $0 in compensation for officers, directors, trustees, and key employees in all available filings, suggesting either a fully volunteer-run leadership or that compensation is reported under other expense categories, which warrants further investigation. Revenue has declined -39% across 13 filing periods.