Quick charity verification for Nonprofit Vote Inc (EIN: 204568862)
Verdict: Nonprofit Vote Inc appears trustworthy
88/100Mission Score
$1.2MRevenue
$969KAssets
1Red Flags
3Strengths
Red Flags
Significant deficit in 2023 ($475,844), where expenses exceeded revenue.
Strengths
Consistent 0% officer compensation across all filings, indicating high efficiency in executive spending.
Strong asset base ($1,492,188 in 2023) relative to liabilities ($96,389), demonstrating financial solvency.
History of generating over $2 million in revenue in peak years (e.g., 2022, 2020), showing fundraising capacity.
Spending Breakdown
How Nonprofit Vote 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 Nonprofit Vote Inc
Is Nonprofit Vote Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nonprofit Vote Inc (EIN: 204568862) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 3 strengths noted.
Is Nonprofit Vote Inc a good charity to donate to?
Nonprofit Vote Inc has a Mission Score of 88/100. Revenue: $1.2M. Assets: $969K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nonprofit Vote Inc?
The Employer Identification Number (EIN) for Nonprofit Vote Inc is 204568862. 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 Nonprofit Vote Inc spend its money?
Nonprofit Vote Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nonprofit Vote Inc's tax-exempt status?
You can verify Nonprofit Vote Inc's tax-exempt status using EIN 204568862 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
Nonprofit Vote Inc demonstrates a generally healthy financial position, though with some fluctuations in recent years. In 2023, the organization experienced a deficit, with expenses of $1,547,226 exceeding revenue of $1,071,382. However, this follows a strong surplus in 2022 where revenue significantly outpaced expenses ($2,263,822 vs. $1,745,759). The organization's assets have shown growth over time, reaching $1,492,188 in 2023, indicating a solid financial foundation. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of spending efficiency and transparency. The organization's NTEE code R40 (Voter Education/Registration) aligns with its name, suggesting a clear program focus.