Is North American Electric Reliability Corp Legit?

Quick charity verification for North American Electric Reliability Corp (EIN: 204821888)

Verdict: North American Electric Reliability Corp appears trustworthy

85/100Mission Score
$113.9MRevenue
$113.5MAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How North American Electric Reliability Corp 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 North American Electric Reliability Corp

Is North American Electric Reliability Corp a legitimate charity?

Based on AI analysis of IRS 990 filings, North American Electric Reliability Corp (EIN: 204821888) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is North American Electric Reliability Corp a good charity to donate to?

North American Electric Reliability Corp has a Mission Score of 85/100. Revenue: $113.9M. Assets: $113.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for North American Electric Reliability Corp?

The Employer Identification Number (EIN) for North American Electric Reliability Corp is 204821888. 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 North American Electric Reliability Corp spend its money?

North American Electric Reliability Corp allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify North American Electric Reliability Corp's tax-exempt status?

You can verify North American Electric Reliability Corp's tax-exempt status using EIN 204821888 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 North American Electric Reliability Corp (NERC) demonstrates consistent financial growth and stability over the past decade. Revenue has steadily increased from $58.7 million in 2014 to over $101 million in 2023, indicating a robust funding model. The organization consistently operates with a surplus, as seen in the 2023 period where revenue exceeded expenses by approximately $2.3 million ($101,252,176 revenue vs. $98,897,290 expenses). This consistent surplus contributes to a healthy growth in assets, which have more than doubled from $51.1 million in 2014 to $94.9 million in 2023, suggesting strong financial management and capacity building. NERC's spending efficiency appears sound, with expenses generally tracking closely to revenue, indicating that resources are being deployed to fulfill its mission. The consistent growth in assets, coupled with a manageable liabilities-to-assets ratio (e.g., $64.6 million liabilities against $94.9 million assets in 2023), suggests a financially prudent approach. The absence of reported officer compensation in the provided data points to a potential area for further investigation regarding how executive remuneration is structured and disclosed, as it's unusual for an organization of this size to report 0% officer compensation on its 990 filings, which could imply it's reported elsewhere or structured differently. Overall, NERC exhibits strong financial health with a clear upward trend in revenue and assets. Its ability to maintain a surplus and grow its asset base while managing liabilities effectively points to a well-managed organization. However, the lack of explicit officer compensation details in the provided summaries warrants a closer look at the full 990 forms for complete transparency regarding executive pay.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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