Quick charity verification for Nursing Consortium Of Florida Inc (EIN: 200065161)
Verdict: Nursing Consortium Of Florida Inc appears trustworthy
92/100Mission Score
$628KRevenue
$314KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth over the past decade, from $215,626 in 2013 to $371,012 in 2022.
Zero reported officer compensation across all filings, indicating efficient use of funds.
Strong asset growth from $82,093 in 2013 to $326,227 in 2022.
Minimal to zero liabilities reported, demonstrating excellent financial health and solvency.
Expenses generally track revenue, suggesting funds are actively used for operations.
Spending Breakdown
How Nursing Consortium Of Florida Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Nursing Consortium Of Florida Inc
Is Nursing Consortium Of Florida Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nursing Consortium Of Florida Inc (EIN: 200065161) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Nursing Consortium Of Florida Inc a good charity to donate to?
Nursing Consortium Of Florida Inc has a Mission Score of 92/100. Revenue: $628K. Assets: $314K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nursing Consortium Of Florida Inc?
The Employer Identification Number (EIN) for Nursing Consortium Of Florida Inc is 200065161. 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 Nursing Consortium Of Florida Inc spend its money?
Nursing Consortium Of Florida Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nursing Consortium Of Florida Inc's tax-exempt status?
You can verify Nursing Consortium Of Florida Inc's tax-exempt status using EIN 200065161 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 Nursing Consortium Of Florida Inc demonstrates consistent financial stability and growth over the past decade. Revenue has shown a significant upward trend, from $215,626 in 2013 to $371,012 in 2022, indicating increasing support for its mission. The organization maintains a healthy asset base, growing from $82,093 in 2013 to $326,227 in 2022, with minimal to no liabilities reported across all filings, suggesting strong financial management and solvency. Expenses generally track revenue, indicating that funds are being utilized for operations.
While specific program spending percentages are not provided in the raw data, the consistent growth in revenue and assets, coupled with zero reported officer compensation, suggests a focus on mission-related activities and efficient use of resources. The absence of officer compensation also points to a high degree of transparency and a volunteer-driven leadership model, which is a positive indicator for a nonprofit. The organization's financial health appears robust, with a clear capacity to sustain and potentially expand its operations.
Overall, the Nursing Consortium Of Florida Inc appears to be a well-managed and financially sound organization. Its consistent growth, minimal liabilities, and lack of executive compensation contribute to a positive assessment of its financial health and transparency. Further detailed analysis of program expenses versus administrative and fundraising costs would provide a more granular understanding of spending efficiency, but the available data is very encouraging.