Is National Association Of Scholars Inc…

Quick charity verification for National Association Of Scholars Inc (EIN: 112741490)

Strengths

Consistent revenue growth, increasing from $1.2M in 2014 to nearly $3M in 2023.
Strong asset accumulation, growing from $1.2M in 2014 to over $5.2M in 2023, indicating financial stability.
Low liabilities relative to assets, suggesting good financial management and solvency.
Consistent surplus of revenue over expenses, demonstrating effective financial management.
Regular and consistent IRS 990 filing history, indicating good transparency practices.

Spending Breakdown

How National Association Of Scholars 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

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 Scholars Inc

Is National Association Of Scholars Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, National Association Of Scholars Inc (EIN: 112741490) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.

Is National Association Of Scholars Inc a good charity to donate to?

National Association Of Scholars Inc has a Mission Score of 85/100. Revenue: $4.3M. Assets: $6.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for National Association Of Scholars Inc?

The Employer Identification Number (EIN) for National Association Of Scholars Inc is 112741490. 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 Scholars Inc spend its money?

National Association Of Scholars 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 Scholars Inc's tax-exempt status?

You can verify National Association Of Scholars Inc's tax-exempt status using EIN 112741490 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 Scholars Inc. demonstrates a generally healthy financial position, with consistent revenue growth over the past several years, culminating in $2,967,555 in revenue for the period ending 202312. The organization has also shown a pattern of managing expenses effectively, with expenses of $2,739,804 in 202312, allowing for a surplus that has contributed to a steady increase in assets, reaching $5,284,823 in 202312. This growth in assets, alongside relatively low liabilities, suggests good financial stewardship and stability.

Regarding spending efficiency, the organization's program spending ratio is a key indicator. While specific program spending figures are not provided in the summary, the consistent surpluses indicate that expenses are generally kept below revenue. The absence of reported officer compensation across all provided filings is a notable aspect of its financial structure, suggesting that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which could contribute to lower administrative overhead.

Transparency appears to be strong given the consistent filing of IRS Form 990s. The lack of reported officer compensation, while potentially positive for efficiency, could also warrant further investigation to understand how leadership is compensated, if at all, to ensure full transparency. Overall, the financial trends suggest a well-managed organization with a focus on maintaining a strong asset base.

Is National Association Of Scholars Inc Legit?

Verdict: National Association Of Scholars Inc appears trustworthy

Red Flags