Is North Georgia Electric Membershipfdn Inc Legit?
Quick charity verification for North Georgia Electric Membershipfdn Inc (EIN: 205770279)
Verdict: North Georgia Electric Membershipfdn Inc appears trustworthy
90/100Mission Score
$428KRevenue
$334KAssets
2Red Flags
5Strengths
Red Flags
0% officer compensation reported, which is unusual for an organization of this size and could mask compensation through other means or indicate a reliance on unpaid leadership that may not be sustainable long-term.
Lack of detailed expense breakdown (program, admin, fundraising) in the summary data makes it difficult to precisely assess spending efficiency without reviewing the full 990.
Strengths
Consistent financial surpluses, with revenue generally exceeding expenses (e.g., $421,582 revenue vs. $411,383 expenses in 202406).
Steady growth in assets, from $229,010 in 201506 to $311,383 in 202406.
Zero reported liabilities across all 14 filings, indicating a debt-free and financially stable operation.
High transparency with 14 consistent IRS 990 filings available.
Potential for very high program spending efficiency due to 0% reported officer compensation.
Spending Breakdown
How North Georgia Electric Membershipfdn Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Georgia Electric Membershipfdn Inc
Is North Georgia Electric Membershipfdn Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North Georgia Electric Membershipfdn Inc (EIN: 205770279) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is North Georgia Electric Membershipfdn Inc a good charity to donate to?
North Georgia Electric Membershipfdn Inc has a Mission Score of 90/100. Revenue: $428K. Assets: $334K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for North Georgia Electric Membershipfdn Inc?
The Employer Identification Number (EIN) for North Georgia Electric Membershipfdn Inc is 205770279. 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 Georgia Electric Membershipfdn Inc spend its money?
North Georgia Electric Membershipfdn Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify North Georgia Electric Membershipfdn Inc's tax-exempt status?
You can verify North Georgia Electric Membershipfdn Inc's tax-exempt status using EIN 205770279 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
North Georgia Electric Membershipfdn Inc demonstrates consistent financial stability with revenues generally exceeding expenses over the past decade. For instance, in the latest filing (202406), the organization reported revenues of $421,582 against expenses of $411,383, indicating a surplus. Their assets have shown a steady increase, reaching $311,383 in 202406, up from $229,010 in 201506, which suggests prudent financial management and accumulation of resources. The consistent reporting of zero liabilities across all filings is a significant strength, indicating a debt-free operation.
The organization's transparency is high, as evidenced by 14 consistent IRS 990 filings with readily available data. A key aspect of their financial health is the reported 0% officer compensation across all periods, which implies that executive leadership is either volunteer-based or compensated through other means not reported as officer compensation on the 990, potentially indicating a high dedication to program spending. This practice, while beneficial for program allocation, could also warrant further inquiry to understand the full compensation structure if any paid leadership exists.
Given the available data, the organization appears to be financially healthy and efficient in its operations, consistently managing its funds without incurring debt. The lack of reported officer compensation directly contributes to a higher potential for program spending efficiency, though without a detailed breakdown of expenses (program, administrative, fundraising), a precise efficiency ratio cannot be calculated from the provided summary data. However, the consistent surpluses and asset growth point to a well-managed entity.