Is National Alliance For Medicaid In Education Inc Legit?
Quick charity verification for National Alliance For Medicaid In Education Inc (EIN: 201665471)
Verdict: National Alliance For Medicaid In Education Inc appears trustworthy
90/100Mission Score
$428KRevenue
$446KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $57,941 in 202012 to $399,206 in 202312.
Zero liabilities reported across all 13 filings, indicating strong financial health.
No officer compensation reported, suggesting a volunteer-driven leadership or highly efficient administrative costs.
Healthy asset base, growing from $315,683 in 202012 to $436,103 in 202312.
Consistent filing of IRS Form 990s, demonstrating transparency.
Spending Breakdown
How National Alliance For Medicaid In Education 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 National Alliance For Medicaid In Education Inc
Is National Alliance For Medicaid In Education Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, National Alliance For Medicaid In Education Inc (EIN: 201665471) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is National Alliance For Medicaid In Education Inc a good charity to donate to?
National Alliance For Medicaid In Education Inc has a Mission Score of 90/100. Revenue: $428K. Assets: $446K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for National Alliance For Medicaid In Education Inc?
The Employer Identification Number (EIN) for National Alliance For Medicaid In Education Inc is 201665471. 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 National Alliance For Medicaid In Education Inc spend its money?
National Alliance For Medicaid In Education Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify National Alliance For Medicaid In Education Inc's tax-exempt status?
You can verify National Alliance For Medicaid In Education Inc's tax-exempt status using EIN 201665471 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 National Alliance For Medicaid In Education Inc (NAME) demonstrates a generally healthy financial position with consistent revenue growth in recent years, culminating in $399,206 in revenue and $436,103 in assets for the 202312 period. The organization has consistently maintained zero liabilities across all reported periods, indicating strong financial management and a lack of debt. Program spending efficiency appears robust, as evidenced by the significant portion of expenses dedicated to programs. The absence of officer compensation reported across all filings suggests a volunteer-driven leadership or that compensation is covered by other means, which can be a positive indicator for donor confidence regarding administrative overhead.
NAME's financial health has shown positive trends, with revenue increasing from $57,941 in 202012 to $399,206 in 202312, and assets growing from $315,683 to $436,103 over the same period. This growth suggests increasing capacity and impact. The organization's consistent financial stability, marked by zero liabilities and a healthy asset base, contributes to a positive assessment of its long-term viability and ability to fulfill its mission. The lack of reported officer compensation also points to a lean operational structure, potentially maximizing funds available for programmatic activities.
Transparency is high given the consistent filing of IRS Form 990s and the clear financial data provided. The absence of liabilities is a strong indicator of fiscal prudence. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the overall financial picture suggests a well-managed organization. The consistent growth in revenue and assets, coupled with no reported officer compensation, paints a picture of an organization focused on its mission with efficient resource allocation.