Is National Association For Business Economics Legit?
Quick charity verification for National Association For Business Economics (EIN: 136133105)
Verdict: National Association For Business Economics appears trustworthy
85/100Mission Score
$2.4MRevenue
$3.1MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% reported officer compensation, which is unusual for an organization of this size and warrants further investigation into how leadership is compensated or if it's truly volunteer-led.
Strengths
Consistent growth in assets, from $1,647,314 in 2014 to $2,815,455 in 2023, indicating strong financial management and reserves.
Generally stable financial operations with revenues closely matching or exceeding expenses over the past decade.
Manageable liabilities relative to assets, suggesting a healthy balance sheet.
Long filing history (13 filings) demonstrates consistent compliance and transparency in reporting.
Spending Breakdown
How National Association For Business Economics allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Association For Business Economics
Is National Association For Business Economics a legitimate charity?
Based on AI analysis of IRS 990 filings, National Association For Business Economics (EIN: 136133105) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is National Association For Business Economics a good charity to donate to?
National Association For Business Economics has a Mission Score of 85/100. Revenue: $2.4M. Assets: $3.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for National Association For Business Economics?
The Employer Identification Number (EIN) for National Association For Business Economics is 136133105. 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 Association For Business Economics spend its money?
National Association For Business Economics allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify National Association For Business Economics's tax-exempt status?
You can verify National Association For Business Economics's tax-exempt status using EIN 136133105 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 Association For Business Economics (NABE) demonstrates consistent financial operations, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2023, expenses slightly surpassed revenue ($2,103,314 vs. $2,068,943), indicating a minor deficit, but this is not a consistent trend. The organization maintains healthy asset levels, growing from $1,647,314 in 2014 to $2,815,455 in 2023, suggesting good financial stewardship and reserves. Liabilities have remained manageable relative to assets, indicating a stable financial position.
NABE's spending efficiency appears reasonable, though specific program spending percentages are not provided in the raw data. However, the consistent operational balance suggests that funds are being utilized effectively to support its mission. A notable aspect of its transparency is the reported 0% officer compensation across all available filings, which indicates that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which warrants further investigation for complete transparency.
Overall, NABE appears to be a financially stable organization with a consistent operational history. The growth in assets over time, coupled with generally balanced revenues and expenses, points to prudent financial management. The lack of reported officer compensation is a significant factor in assessing its transparency and efficiency, potentially indicating a highly efficient, volunteer-driven leadership model, or a need for more detailed disclosure on executive remuneration if it exists in other forms.