Quick charity verification for Nec Foundation Of Americas (EIN: 113059554)
Verdict: Nec Foundation Of Americas appears trustworthy
85/100Mission Score
$1.1MRevenue
$12.1MAssets
2Red Flags
3Strengths
Red Flags
Significant negative revenue reported in two of the last five periods ($-110,340 in 2023, $-194,895 in 2020), indicating potential financial instability or significant investment losses.
NTEE code is unknown, which can make it difficult to benchmark against similar organizations and understand its specific programmatic focus.
Strengths
Consistent reporting of 0% officer compensation, indicating strong financial stewardship and potential volunteer leadership.
Substantial asset base, with assets consistently over $10 million, providing financial stability and capacity.
Relatively low liabilities compared to assets, demonstrating good financial management and solvency.
Spending Breakdown
How Nec Foundation Of Americas allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Nec Foundation Of Americas
Is Nec Foundation Of Americas a legitimate charity?
Based on AI analysis of IRS 990 filings, Nec Foundation Of Americas (EIN: 113059554) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Nec Foundation Of Americas a good charity to donate to?
Nec Foundation Of Americas has a Mission Score of 85/100. Revenue: $1.1M. Assets: $12.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nec Foundation Of Americas?
The Employer Identification Number (EIN) for Nec Foundation Of Americas is 113059554. 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 Nec Foundation Of Americas spend its money?
Nec Foundation Of Americas allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nec Foundation Of Americas's tax-exempt status?
You can verify Nec Foundation Of Americas's tax-exempt status using EIN 113059554 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
Nec Foundation Of Americas demonstrates a generally stable financial position with substantial assets, averaging over $10 million in recent years. However, the organization exhibits inconsistent revenue generation, with significant negative revenue reported in 2023 ($-110,340) and 2020 ($-194,895), which warrants further investigation into the nature of these figures (e.g., investment losses, accounting adjustments). Despite these fluctuations, expenses have remained relatively controlled, ranging from $462,507 to $722,873 in the last five reported periods. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation on the 990, which is a positive sign for donor confidence. The organization's liabilities have also remained relatively low compared to its assets, indicating good financial management.