Quick charity verification for Out & Equal (EIN: 20681855)
Verdict: Out & Equal appears trustworthy
85/100Mission Score
$15.2MRevenue
$13.4MAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% reported officer compensation, which is highly unusual for an organization of this size and revenue, potentially obscuring executive remuneration details.
Slight deficit in 2023 where expenses ($11,976,207) marginally exceeded revenue ($11,965,810), though minor, warrants monitoring.
Strengths
Strong and consistent revenue growth, from $796,426 in 2019 to $11,965,810 in 2023, indicating robust financial support.
Healthy growth in net assets, from $2,275,936 in 2014 to $13,310,472 in 2023, demonstrating financial stability and resource accumulation.
Generally good financial management with expenses largely aligned with revenue, indicating funds are being utilized for operations.
Positive asset-to-liability ratio, with assets consistently exceeding liabilities, suggesting good financial health and solvency.
Spending Breakdown
How Out & Equal allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Out & Equal
Is Out & Equal a legitimate charity?
Based on AI analysis of IRS 990 filings, Out & Equal (EIN: 20681855) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Out & Equal a good charity to donate to?
Out & Equal has a Mission Score of 85/100. Revenue: $15.2M. Assets: $13.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Out & Equal?
The Employer Identification Number (EIN) for Out & Equal is 20681855. 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 Out & Equal spend its money?
Out & Equal allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Out & Equal's tax-exempt status?
You can verify Out & Equal's tax-exempt status using EIN 20681855 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
Out & Equal demonstrates a generally healthy financial trajectory, with significant revenue growth from $796,426 in 2019 to $11,965,810 in 2023. The organization has consistently maintained positive net assets, growing from $2,275,936 in 2014 to $13,310,472 in 2023, indicating sound financial management and accumulation of resources. While expenses have also increased, they generally align with revenue, with a slight deficit in 2023 where expenses ($11,976,207) marginally exceeded revenue ($11,965,810). This suggests a commitment to utilizing funds for operations rather than excessive accumulation. The consistent reporting of 0% officer compensation across all filings is a notable aspect of their transparency and financial stewardship, indicating that top executives are not drawing salaries directly from the organization's funds, which is highly unusual for an organization of this size and could imply compensation is reported differently or not taken by officers.