Is Nursing Education Alumni Association Inc Legit?
Quick charity verification for Nursing Education Alumni Association Inc (EIN: 133994898)
Verdict: Nursing Education Alumni Association Inc appears trustworthy
85/100Mission Score
$87KRevenue
$124KAssets
2Red Flags
4Strengths
Red Flags
Consistent trend of expenses exceeding revenue in recent years, leading to asset depletion.
Significant decline in total assets over the past decade (from $233,006 in 2015 to $85,346 in 2023).
Strengths
Zero officer compensation, indicating a volunteer-driven model and high efficiency.
Consistently reports zero liabilities, demonstrating strong financial management and no debt.
Clear program focus as a Nursing School Alumni Association (NTEE B84Z).
Long filing history (13 filings) indicates consistent operation and transparency.
Spending Breakdown
How Nursing Education Alumni Association Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Education Alumni Association Inc
Is Nursing Education Alumni Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nursing Education Alumni Association Inc (EIN: 133994898) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Nursing Education Alumni Association Inc a good charity to donate to?
Nursing Education Alumni Association Inc has a Mission Score of 85/100. Revenue: $87K. Assets: $124K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nursing Education Alumni Association Inc?
The Employer Identification Number (EIN) for Nursing Education Alumni Association Inc is 133994898. 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 Education Alumni Association Inc spend its money?
Nursing Education Alumni Association Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nursing Education Alumni Association Inc's tax-exempt status?
You can verify Nursing Education Alumni Association Inc's tax-exempt status using EIN 133994898 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 Education Alumni Association Inc. appears to be a small, well-managed organization with a consistent financial history, though it has experienced a decline in assets over the past decade. With latest reported revenue of $87,435 and assets of $124,131, it operates on a modest scale. The organization consistently reports zero liabilities and zero officer compensation, indicating strong financial stewardship and a volunteer-driven model, which enhances its transparency and efficiency.
However, a notable trend is that expenses have frequently exceeded revenue in recent years, such as in 2023 ($20,540 expenses vs. $14,876 revenue) and 2022 ($39,078 expenses vs. $16,245 revenue). This consistent deficit spending has contributed to a significant reduction in assets from a high of $233,006 in 2015 to $85,346 in 2023. While the absence of officer compensation is a positive, the long-term sustainability of operating with expenses regularly exceeding revenue, even if covered by existing assets, warrants attention. The organization's NTEE code B84Z (Nursing School Alumni Associations) suggests a clear program focus, and the lack of liabilities is a strong indicator of financial health in that regard.