Quick charity verification for Nami Rhode Island (EIN: 222805141)
Verdict: Nami Rhode Island appears trustworthy
85/100Mission Score
$518KRevenue
$483KAssets
2Red Flags
3Strengths
Red Flags
Net assets have shown a significant decline from $143,684 in 2020 to $366,643 in 2023, despite increasing revenues.
The organization's liabilities have increased from $1,120 in 2016 to $10,855 in 2023, indicating a growing debt burden.
Strengths
Nami Rhode Island consistently allocates a high percentage of its expenses to program services, reaching 85% in 2023.
Revenue has shown a positive trend, increasing from $213,721 in 2017 to $504,716 in 2023.
The organization maintains a very low administrative and fundraising overhead, with administrative expenses at 10% and fundraising at 5% in 2023.
Spending Breakdown
How Nami Rhode Island 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 Nami Rhode Island
Is Nami Rhode Island a legitimate charity?
Based on AI analysis of IRS 990 filings, Nami Rhode Island (EIN: 222805141) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Nami Rhode Island a good charity to donate to?
Nami Rhode Island has a Mission Score of 85/100. Revenue: $518K. Assets: $483K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nami Rhode Island?
The Employer Identification Number (EIN) for Nami Rhode Island is 222805141. 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 Nami Rhode Island spend its money?
Nami Rhode Island allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nami Rhode Island's tax-exempt status?
You can verify Nami Rhode Island's tax-exempt status using EIN 222805141 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
Nami Rhode Island is a mental health & crisis intervention nonprofit based in Providence, Rhode Island, with reported revenue of $518K and assets of $483K. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation is not a concern, as Nami Rhode Island consistently reports $0 in compensation for officers, directors, trustees, and key employees across all available filings. Revenue has grown +128% across 13 filing periods.