Is National Association Of Educational Procurement Inc Legit?
Quick charity verification for National Association Of Educational Procurement Inc (EIN: 113161518)
Verdict: National Association Of Educational Procurement Inc appears trustworthy
90/100Mission Score
$3.5MRevenue
$3.3MAssets
1Red Flags
3Strengths
Red Flags
Unusually low or zero reported officer compensation, which may obscure actual executive remuneration if categorized elsewhere.
Strengths
Consistent reporting of 0% officer compensation, indicating a strong commitment to mission-focused spending or volunteer leadership.
Significant asset growth from $1,064,289 in 2022 to $2,011,817 in 2023, demonstrating financial health.
Positive net income in recent years (e.g., $2,627,401 revenue vs. $1,942,963 expenses in 2023), indicating effective financial management.
Spending Breakdown
How National Association Of Educational Procurement 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 Association Of Educational Procurement Inc
Is National Association Of Educational Procurement Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, National Association Of Educational Procurement Inc (EIN: 113161518) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 3 strengths noted.
Is National Association Of Educational Procurement Inc a good charity to donate to?
National Association Of Educational Procurement Inc has a Mission Score of 90/100. Revenue: $3.5M. Assets: $3.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for National Association Of Educational Procurement Inc?
The Employer Identification Number (EIN) for National Association Of Educational Procurement Inc is 113161518. 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 Of Educational Procurement Inc spend its money?
National Association Of Educational Procurement Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify National Association Of Educational Procurement Inc's tax-exempt status?
You can verify National Association Of Educational Procurement Inc's tax-exempt status using EIN 113161518 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 Of Educational Procurement Inc (NAEP) demonstrates a generally stable financial position with fluctuating but often positive net income in recent years. For example, in 2023, revenue was $2,627,401 against expenses of $1,942,963, indicating a healthy surplus. The organization's assets have shown growth, increasing from $1,064,289 in 2022 to $2,011,817 in 2023, suggesting prudent financial management and accumulation of reserves. Liabilities have also increased, but at a slower rate than assets, maintaining a positive net asset position. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the organization's mission rather than executive salaries. This practice enhances public trust and suggests a volunteer-driven or very lean executive structure.