Is Polymeric Exterior Products Association Legit?

Quick charity verification for Polymeric Exterior Products Association (EIN: 201605555)

Verdict: Polymeric Exterior Products Association shows mixed signals

65/100Mission Score
$3.6MRevenue
$1.5MAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Polymeric Exterior Products Association allocates its funds across programs, administration, and fundraising.

70%
Program Spending
Below average — room for improvement
20%
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 Polymeric Exterior Products Association

Is Polymeric Exterior Products Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Polymeric Exterior Products Association (EIN: 201605555) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Polymeric Exterior Products Association a good charity to donate to?

Polymeric Exterior Products Association has a Mission Score of 65/100. Revenue: $3.6M. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Polymeric Exterior Products Association?

The Employer Identification Number (EIN) for Polymeric Exterior Products Association is 201605555. 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 Polymeric Exterior Products Association spend its money?

Polymeric Exterior Products Association allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Polymeric Exterior Products Association's tax-exempt status?

You can verify Polymeric Exterior Products Association's tax-exempt status using EIN 201605555 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 Polymeric Exterior Products Association demonstrates consistent financial activity, with revenues and expenses generally in the range of $2.5 million to $3.5 million over the past decade. The organization has maintained a stable asset base, typically around $1.2 million to $1.6 million, suggesting prudent financial management. However, the most recent filing (202212) shows expenses exceeding revenue by over $260,000 ($3,073,012 expenses vs. $2,812,749 revenue), leading to a decrease in assets and a significant increase in liabilities to $745,621 from $277,650 in the prior year. This trend of operating at a deficit, as seen in several other years (e.g., 202112, 201912, 201812, 201512, 201412), warrants closer examination to ensure long-term sustainability. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available. A notable aspect is the reported 0% officer compensation across all available filings, which is unusual for an organization of this size and could indicate that executive compensation is reported under different categories or that the organization relies heavily on volunteer leadership or contracted management. Further detail on how leadership is compensated would enhance transparency. While specific program spending ratios are not directly provided in the summary data, the consistent operational deficits in recent years, coupled with the significant increase in liabilities in 2022, suggest potential challenges in spending efficiency or revenue generation. A deeper dive into the functional expenses (program, administrative, fundraising) from the full 990 forms would be necessary to fully assess spending efficiency and program focus.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages