Is Northeast Region Of The Construction Specification Ins Inc Legit?
Quick charity verification for Northeast Region Of The Construction Specification Ins Inc (EIN: 20473548)
Verdict: Northeast Region Of The Construction Specification Ins Inc appears trustworthy
85/100Mission Score
$83KRevenue
$91KAssets
2Red Flags
4Strengths
Red Flags
Significant year-over-year revenue and expense fluctuations without clear explanation in provided data.
NTEE code is unknown, making it difficult to benchmark against similar organizations.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds.
Maintains a healthy asset base relative to its revenue, with assets of $71,722 against $81,300 revenue in 202406.
Consistently low or zero liabilities across most filing periods, demonstrating sound financial management.
Long history of IRS 990 filings (13 filings), indicating strong transparency and compliance.
Spending Breakdown
How Northeast Region Of The Construction Specification Ins 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 Northeast Region Of The Construction Specification Ins Inc
Is Northeast Region Of The Construction Specification Ins Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Northeast Region Of The Construction Specification Ins Inc (EIN: 20473548) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Northeast Region Of The Construction Specification Ins Inc a good charity to donate to?
Northeast Region Of The Construction Specification Ins Inc has a Mission Score of 85/100. Revenue: $83K. Assets: $91K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Northeast Region Of The Construction Specification Ins Inc?
The Employer Identification Number (EIN) for Northeast Region Of The Construction Specification Ins Inc is 20473548. 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 Region Of The Construction Specification Ins Inc spend its money?
Northeast Region Of The Construction Specification Ins Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Northeast Region Of The Construction Specification Ins Inc's tax-exempt status?
You can verify Northeast Region Of The Construction Specification Ins Inc's tax-exempt status using EIN 20473548 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 Region Of The Construction Specification Ins Inc demonstrates consistent financial stability with a healthy asset base relative to its revenue. For instance, in the latest period (202406), assets stood at $71,722 against revenues of $81,300. The organization consistently reports zero officer compensation, indicating a volunteer-driven leadership structure which is a positive sign for donor confidence and efficient use of funds. While there are fluctuations in revenue and expenses year-over-year, such as the significant jump in revenue to $119,645 in 202306 from $37,364 in 202206, the organization generally operates with expenses closely aligned to or slightly exceeding revenue, suggesting a focus on utilizing funds for current operations rather than accumulating large surpluses. The consistent reporting of zero liabilities across most years also points to sound financial management and a lack of debt burden.
The organization's spending efficiency appears strong given the absence of officer compensation, which typically represents a significant overhead for many nonprofits. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to precisely quantify spending efficiency ratios. However, the overall financial picture suggests that funds are being directed towards the organization's mission, whatever that may be within the construction specification industry. The consistent filing of IRS 990 forms over 13 periods indicates a commitment to transparency, providing a clear historical record of its financial activities.
Overall, Northeast Region Of The Construction Specification Ins Inc appears to be a financially sound and transparent organization, particularly commendable for its volunteer leadership and minimal liabilities. The fluctuations in revenue and expenses warrant closer examination to understand the underlying operational drivers, but do not immediately suggest financial distress given the stable asset base.