Quick charity verification for Orthocarolina Research Institute Inc (EIN: 10648145)
Verdict: Orthocarolina Research Institute Inc appears trustworthy
85/100Mission Score
$2.6MRevenue
$4.1MAssets
2Red Flags
3Strengths
Red Flags
Expenses exceeded revenue in the last two reported periods (2022 and 2023), leading to a decline in assets.
Lack of detailed functional expense breakdown in summary data makes it difficult to fully assess administrative and fundraising efficiency.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission-related activities.
Long-term growth in assets, from $2,430,081 in 2015 to $3,695,403 in 2023, despite recent fluctuations.
Focus on research (NTEE Code H50) suggests a clear programmatic mission.
Spending Breakdown
How Orthocarolina Research Institute Inc 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 Orthocarolina Research Institute Inc
Is Orthocarolina Research Institute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Orthocarolina Research Institute Inc (EIN: 10648145) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Orthocarolina Research Institute Inc a good charity to donate to?
Orthocarolina Research Institute Inc has a Mission Score of 85/100. Revenue: $2.6M. Assets: $4.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Orthocarolina Research Institute Inc?
The Employer Identification Number (EIN) for Orthocarolina Research Institute Inc is 10648145. 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 Orthocarolina Research Institute Inc spend its money?
Orthocarolina Research Institute Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Orthocarolina Research Institute Inc's tax-exempt status?
You can verify Orthocarolina Research Institute Inc's tax-exempt status using EIN 10648145 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
Orthocarolina Research Institute Inc demonstrates a consistent commitment to its mission, as evidenced by its program spending. While specific breakdowns for administrative and fundraising costs are not provided in the summary data, the absence of officer compensation across all reported periods suggests a lean operational structure and a focus on directing resources towards its research objectives. The organization has experienced fluctuations in revenue and expenses over the past decade, with recent years (2022 and 2023) showing expenses exceeding revenue, leading to a decrease in assets from a high of $4,697,920 in 2021 to $3,695,403 in 2023. This trend warrants closer examination to ensure long-term financial stability.
The organization's assets have generally grown over the long term, from $2,430,081 in 2015 to $3,695,403 in 2023, indicating a build-up of reserves despite recent operating deficits. The consistent reporting of zero officer compensation is a strong indicator of transparency and a dedication to minimizing overhead, which is commendable for a research institute. However, without a detailed functional expense breakdown, it's challenging to fully assess spending efficiency beyond the executive compensation aspect. Further transparency in expense allocation would enhance understanding of its financial health.