Quick charity verification for New England Anime Society Inc (EIN: 100003511)
Verdict: New England Anime Society Inc appears trustworthy
75/100Mission Score
$2.4MRevenue
$1.3MAssets
3Red Flags
3Strengths
Red Flags
Significant year-over-year revenue volatility (e.g., $1.8M in 2019 to $353 in 2020, then $2.6M in 2023).
Expenses ($2,857,901) exceeding revenue ($2,626,493) in the most recent 2023 filing, leading to a net loss.
Decrease in assets from $946,004 in 2022 to $726,266 in 2023, indicating a potential draw on reserves.
Strengths
Consistent 0% officer compensation, indicating a strong commitment to directing funds to the mission.
Demonstrated ability to recover from significant financial downturns, as seen in the post-2020 revenue rebound.
Maintains substantial assets relative to its annual operating budget in most years, providing some financial cushion.
Spending Breakdown
How New England Anime Society 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 New England Anime Society Inc
Is New England Anime Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New England Anime Society Inc (EIN: 100003511) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is New England Anime Society Inc a good charity to donate to?
New England Anime Society Inc has a Mission Score of 75/100. Revenue: $2.4M. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New England Anime Society Inc?
The Employer Identification Number (EIN) for New England Anime Society Inc is 100003511. 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 New England Anime Society Inc spend its money?
New England Anime Society Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New England Anime Society Inc's tax-exempt status?
You can verify New England Anime Society Inc's tax-exempt status using EIN 100003511 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 New England Anime Society Inc. demonstrates fluctuating financial health over the past several years, with significant revenue and expense swings. For instance, revenue plummeted from $1,879,299 in 2019 to just $353 in 2020, then rebounded dramatically to $2,283,859 in 2022 and $2,626,493 in 2023. This volatility, while potentially tied to event-based operations, suggests a less stable financial footing than organizations with consistent revenue streams. The organization consistently reports 0% officer compensation, which is a positive indicator of resource allocation directly to its mission rather than executive salaries. However, the 2023 filing shows expenses ($2,857,901) exceeding revenue ($2,626,493), leading to a net loss and a decrease in assets from $946,004 in 2022 to $726,266 in 2023. This trend warrants close monitoring to ensure long-term sustainability. The lack of reported officer compensation also implies a volunteer-driven leadership, which can be efficient but also raises questions about the professionalization and long-term strategic planning capacity for an organization managing multi-million dollar revenues.