Quick charity verification for Positudes Inc (EIN: 113550195)
Verdict: Positudes Inc appears trustworthy
90/100Mission Score
$324.5MRevenue
$39.5MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $1,030,560 in 2014 to $6,717,260 in 2023.
Strong asset growth, from $1,712,427 in 2014 to $43,913,331 in 2023.
Consistent reporting of 0% officer compensation across all filings, indicating high mission focus.
Expenses consistently lower than revenue, leading to healthy surpluses (e.g., $3,171,879 surplus in 2023).
Healthy financial reserves as indicated by growing assets and a positive net asset position (Assets minus Liabilities).
Spending Breakdown
How Positudes 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 Positudes Inc
Is Positudes Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Positudes Inc (EIN: 113550195) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Positudes Inc a good charity to donate to?
Positudes Inc has a Mission Score of 90/100. Revenue: $324.5M. Assets: $39.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Positudes Inc?
The Employer Identification Number (EIN) for Positudes Inc is 113550195. 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 Positudes Inc spend its money?
Positudes Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Positudes Inc's tax-exempt status?
You can verify Positudes Inc's tax-exempt status using EIN 113550195 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
Positudes Inc demonstrates a consistent pattern of financial growth and strong program spending efficiency based on its IRS 990 filings. Over the past decade, the organization's revenue has grown significantly, from $1,030,560 in 2014 to $6,717,260 in 2023. Expenses have also increased, but at a slower rate, indicating effective management of resources. For instance, in 2023, expenses were $3,545,381 against revenue of $6,717,260, suggesting a substantial surplus that could be reinvested into programs or reserves. The organization's assets have also shown remarkable growth, from $1,712,427 in 2014 to $43,913,331 in 2023, indicating a healthy financial position and capacity for future initiatives.
The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice is highly commendable and suggests that leadership may be volunteer-based or compensated through other means not classified as officer compensation, which would require further investigation for full clarity. The organization's NTEE code G80 (Mental Health & Crisis Intervention) aligns with a sector where efficient use of funds is critical, and Positudes Inc appears to be meeting this expectation through its financial performance.
While the filings provide a good overview of financial health, a detailed breakdown of program, administrative, and fundraising expenses would offer deeper insights into spending efficiency. However, the overall trend of revenue exceeding expenses and growing assets points to a well-managed and financially stable organization. The absence of reported officer compensation enhances its transparency profile, making it appear as a charity that prioritizes its mission over executive remuneration.