Is Northeast Osteopathic Medical Education Network Legit?
Quick charity verification for Northeast Osteopathic Medical Education Network (EIN: 10518520)
Verdict: Northeast Osteopathic Medical Education Network appears trustworthy
70/100Mission Score
$66KRevenue
$14KAssets
3Red Flags
2Strengths
Red Flags
Highly inconsistent revenue streams year-over-year (e.g., $153 in 2021 vs. $90,000 in 2023).
Significant decline in assets over the past decade, from $160,202 in 2014 to $14,372 currently.
Frequent periods where expenses exceeded revenue, potentially leading to asset depletion (e.g., 2021: $24,323 expenses vs. $153 revenue).
Strengths
Consistently reports 0% officer compensation, indicating no executive salaries paid from organizational funds.
Maintains a low liability profile in recent years (e.g., $0 in 2023).
Spending Breakdown
How Northeast Osteopathic Medical Education Network 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 Northeast Osteopathic Medical Education Network
Is Northeast Osteopathic Medical Education Network a legitimate charity?
Based on AI analysis of IRS 990 filings, Northeast Osteopathic Medical Education Network (EIN: 10518520) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 2 strengths noted.
Is Northeast Osteopathic Medical Education Network a good charity to donate to?
Northeast Osteopathic Medical Education Network has a Mission Score of 70/100. Revenue: $66K. Assets: $14K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Northeast Osteopathic Medical Education Network?
The Employer Identification Number (EIN) for Northeast Osteopathic Medical Education Network is 10518520. 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 Northeast Osteopathic Medical Education Network spend its money?
Northeast Osteopathic Medical Education Network allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Northeast Osteopathic Medical Education Network's tax-exempt status?
You can verify Northeast Osteopathic Medical Education Network's tax-exempt status using EIN 10518520 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
Northeast Osteopathic Medical Education Network (NEOMEN) appears to be a small, fluctuating organization based on its IRS 990 filings. Its revenue has varied significantly over the past decade, from a high of $379,273 in 2014 to a low of $153 in 2021, indicating an inconsistent funding stream. The organization consistently reports 0% officer compensation, which is a positive sign for donor confidence regarding executive pay. However, the organization's assets are relatively low compared to its historical revenue, and it has experienced periods where expenses exceeded revenue, such as in 2023 ($90,560 expenses vs. $90,000 revenue) and 2021 ($24,323 expenses vs. $153 revenue), suggesting potential operational challenges or reliance on prior year reserves. The lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency difficult, but the consistent reporting of no officer compensation points to a focus on minimizing administrative overhead in that specific area.