Quick charity verification for Private Sector Solutions Advocacy Fund (EIN: 202649564)
Verdict: Private Sector Solutions Advocacy Fund appears trustworthy
75/100Mission Score
$150KRevenue
$19KAssets
3Red Flags
4Strengths
Red Flags
Lack of detailed functional expense breakdown in provided data, hindering precise spending efficiency analysis.
Consistent 0% officer compensation, which, while potentially positive, warrants further inquiry into leadership sustainability and potential hidden compensation.
Fluctuating revenue and occasional expense overruns (e.g., 2021, 2019) indicate potential for financial instability if not carefully managed.
Strengths
Consistent IRS 990 filing history, demonstrating transparency and compliance.
Positive net assets and low liabilities in recent years, indicating financial stability (e.g., $55,499 assets and $0 liabilities in 2023).
No reported officer compensation, suggesting a lean operational model at the executive level and potentially more resources directed to mission.
Ability to recover from periods of deficit spending, showing effective financial management.
Spending Breakdown
How Private Sector Solutions Advocacy Fund allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Private Sector Solutions Advocacy Fund
Is Private Sector Solutions Advocacy Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Private Sector Solutions Advocacy Fund (EIN: 202649564) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
Is Private Sector Solutions Advocacy Fund a good charity to donate to?
Private Sector Solutions Advocacy Fund has a Mission Score of 75/100. Revenue: $150K. Assets: $19K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Private Sector Solutions Advocacy Fund?
The Employer Identification Number (EIN) for Private Sector Solutions Advocacy Fund is 202649564. 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 Private Sector Solutions Advocacy Fund spend its money?
Private Sector Solutions Advocacy Fund allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Private Sector Solutions Advocacy Fund's tax-exempt status?
You can verify Private Sector Solutions Advocacy Fund's tax-exempt status using EIN 202649564 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
Private Sector Solutions Advocacy Fund demonstrates a consistent operational history with fluctuating but generally stable revenue streams over the past decade. The organization's financial health appears to be managed prudently, as evidenced by its positive net assets in most recent years, reaching $55,499 in 2023. While the organization has experienced periods where expenses exceeded revenue, such as in 2021 and 2019, it has consistently recovered, indicating effective financial management. The absence of reported officer compensation across all filings suggests a volunteer-driven leadership or that compensation is covered by other means not disclosed as officer compensation, which can be a positive indicator of resource allocation directly to mission, but also warrants further inquiry into how leadership is sustained.
Spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising) which is not provided in the summary data. However, the consistent low liabilities and positive asset growth in recent years suggest that the organization is not overextending itself financially. The organization's transparency is good in terms of filing its IRS 990s regularly, providing a public record of its financial activities. The lack of officer compensation is a notable point for transparency, as it suggests a lean operational model at the executive level.
Overall, the organization appears to be financially stable and responsible, with a good track record of managing its resources. The consistent filing of 990s and the absence of liabilities in the most recent filing (2023) are positive indicators. Further detail on functional expenses would enhance the assessment of spending efficiency.