Is Quality Connection Of The Greater Wabash Valley Inc Legit?
Quick charity verification for Quality Connection Of The Greater Wabash Valley Inc (EIN: 113784719)
Verdict: Quality Connection Of The Greater Wabash Valley Inc appears trustworthy
92/100Mission Score
$137KRevenue
$414KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial surpluses, such as $68,958 in 202406 (Revenue $194,620 - Expenses $125,662).
Steady growth in assets from $232,906 in 201506 to $385,312 in 202406.
Zero reported liabilities across all filing periods, indicating a debt-free operation.
0% officer compensation reported in all filings, suggesting highly efficient use of funds for mission-related activities.
Consistent filing of IRS 990 forms over 13 periods, demonstrating transparency.
Spending Breakdown
How Quality Connection Of The Greater Wabash Valley Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Quality Connection Of The Greater Wabash Valley Inc
Is Quality Connection Of The Greater Wabash Valley Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Quality Connection Of The Greater Wabash Valley Inc (EIN: 113784719) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Quality Connection Of The Greater Wabash Valley Inc a good charity to donate to?
Quality Connection Of The Greater Wabash Valley Inc has a Mission Score of 92/100. Revenue: $137K. Assets: $414K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Quality Connection Of The Greater Wabash Valley Inc?
The Employer Identification Number (EIN) for Quality Connection Of The Greater Wabash Valley Inc is 113784719. 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 Quality Connection Of The Greater Wabash Valley Inc spend its money?
Quality Connection Of The Greater Wabash Valley Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Quality Connection Of The Greater Wabash Valley Inc's tax-exempt status?
You can verify Quality Connection Of The Greater Wabash Valley Inc's tax-exempt status using EIN 113784719 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
Quality Connection Of The Greater Wabash Valley Inc demonstrates consistent financial health, with revenues generally exceeding expenses over the past decade. For instance, in the 202406 period, the organization reported revenues of $194,620 against expenses of $125,662, indicating a healthy surplus. Their assets have also shown steady growth, increasing from $232,906 in 201506 to $385,312 in 202406, with no reported liabilities, which is a strong indicator of financial stability and responsible management. The absence of officer compensation further suggests a high degree of volunteerism and dedication to their mission, contributing to efficient use of funds.
The organization's spending efficiency appears strong, particularly given the 0% officer compensation across all reported periods. This suggests that a very high proportion of their expenses are directed towards program services and essential operational costs rather than executive salaries. While a detailed breakdown of program vs. administrative vs. fundraising expenses isn't provided in the summary data, the lack of liabilities and consistent asset growth points to prudent financial stewardship. Their consistent filing of IRS 990 forms over 13 periods also indicates a commitment to transparency.
Overall, Quality Connection Of The Greater Wabash Valley Inc appears to be a financially sound and efficiently run nonprofit. Their consistent surpluses, growing assets, and lack of liabilities, coupled with no reported officer compensation, paint a picture of an organization that effectively manages its resources to achieve its mission. The regular filing of their 990s further enhances their transparency.