Is North American Export Grain Assn Inc…

Quick charity verification for North American Export Grain Assn Inc (EIN: 135282730)

Red Flags

Consistent near-break-even or deficit spending (e.g., 2023: $1,517,764 revenue vs. $1,532,583 expenses) could indicate limited financial reserves or aggressive spending.
Lack of detailed expense breakdown (program, admin, fundraising) prevents a clear assessment of spending efficiency.
Unusually high liabilities relative to assets in some periods (e.g., 2023: $270,293 liabilities vs. $582,598 assets) could warrant further investigation.

Strengths

Consistent revenue generation and growth over the past decade, from $1,026,232 in 2014 to $1,517,764 in 2023.
Zero reported officer compensation across all filings, indicating potential for low executive overhead or volunteer leadership.
Consistent IRS 990 filing history (13 filings) demonstrates good compliance and transparency in reporting.
Growth in assets over time, from $392,899 in 2014 to $582,598 in 2023, indicates some financial stability.

Spending Breakdown

How North American Export Grain Assn Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Export Grain Assn Inc

Is North American Export Grain Assn Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, North American Export Grain Assn Inc (EIN: 135282730) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.

Is North American Export Grain Assn Inc a good charity to donate to?

North American Export Grain Assn Inc has a Mission Score of 75/100. Revenue: $2.0M. Assets: $725K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for North American Export Grain Assn Inc?

The Employer Identification Number (EIN) for North American Export Grain Assn Inc is 135282730. 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 Export Grain Assn Inc spend its money?

North American Export Grain Assn Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify North American Export Grain Assn Inc's tax-exempt status?

You can verify North American Export Grain Assn Inc's tax-exempt status using EIN 135282730 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 Export Grain Assn Inc demonstrates consistent financial activity, with revenues and expenses generally increasing over the past decade. In the latest filing (202312), the organization reported revenues of $1,517,764 against expenses of $1,532,583, indicating a slight operational deficit for the period. This trend of expenses closely matching or slightly exceeding revenue is common across several years, suggesting tight financial management or a strategy to spend down available funds. The organization's assets have shown growth, reaching $582,598 in 2023, while liabilities have also increased, standing at $270,293. The absence of reported officer compensation across all filings is a notable aspect of its financial transparency and operational structure, suggesting either a volunteer-led executive team or compensation being reported under different categories not immediately visible as 'Officer Comp'.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent near-balance of revenues and expenses suggests that funds are being utilized rather than accumulated excessively. The lack of reported officer compensation could be interpreted as a positive indicator of efficiency, as it suggests a lower overhead in executive salaries. Further analysis would require access to the full IRS 990 forms to understand the allocation of expenses and the nature of executive leadership.

Transparency regarding executive compensation is high, as zero officer compensation is reported. However, the absence of NTEE code and detailed expense categories limits a comprehensive assessment of program focus and spending efficiency. The organization's consistent filing history and growth in assets and revenue over time suggest a stable, albeit lean, financial operation.

Is North American Export Grain Assn Inc Legit?

Verdict: North American Export Grain Assn Inc appears trustworthy