Quick charity verification for National Cargo Bureau Inc (EIN: 135615188)
Verdict: National Cargo Bureau Inc appears trustworthy
75/100Mission Score
$93.7MRevenue
$150.5MAssets
2Red Flags
4Strengths
Red Flags
Lack of NTEE code makes peer comparison difficult
Absence of reported officer compensation may obscure executive remuneration practices
Strengths
Consistent generation of financial surpluses (e.g., $3,312,726 in 2023)
Significant growth in assets over the past decade (from $58M in 2014 to $137M in 2023)
Low liabilities relative to assets, indicating strong financial stability
Positive net income across all reported periods
Spending Breakdown
How National Cargo Bureau Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 Cargo Bureau Inc
Is National Cargo Bureau Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, National Cargo Bureau Inc (EIN: 135615188) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is National Cargo Bureau Inc a good charity to donate to?
National Cargo Bureau Inc has a Mission Score of 75/100. Revenue: $93.7M. Assets: $150.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for National Cargo Bureau Inc?
The Employer Identification Number (EIN) for National Cargo Bureau Inc is 135615188. 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 Cargo Bureau Inc spend its money?
National Cargo Bureau Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify National Cargo Bureau Inc's tax-exempt status?
You can verify National Cargo Bureau Inc's tax-exempt status using EIN 135615188 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
National Cargo Bureau Inc demonstrates consistent financial health with a strong asset base and positive net income over the past decade. For the latest reported period (202312), the organization reported revenues of $24,111,629 against expenses of $20,798,903, indicating a surplus. Its assets have grown significantly, from $58,020,597 in 2014 to $137,303,136 in 2023, suggesting robust financial management and accumulation of resources. The organization's liabilities remain relatively low compared to its assets, further indicating financial stability.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment is challenging. However, the consistent surplus generation across multiple years suggests that the organization is managing its expenses effectively relative to its revenue streams. The absence of reported officer compensation across all filings is a notable aspect of its financial structure, which could imply a different operational model or compensation structure not captured under 'Officer Comp'.
Transparency is generally good given the availability of 13 years of IRS 990 filings. However, the lack of an NTEE code makes it difficult to benchmark its financial performance against similar organizations. Further details on the allocation of expenses would enhance transparency and allow for a more granular analysis of its spending efficiency and program focus.