Quick charity verification for Ret Americas Inc (EIN: 202147701)
Verdict: Ret Americas Inc appears trustworthy
75/100Mission Score
$244KRevenue
$2.5MAssets
3Red Flags
3Strengths
Red Flags
Inconsistent revenue and expense patterns, making financial forecasting challenging.
Liabilities sometimes represent a high percentage of total assets, as seen in 201909 ($1,238,942 liabilities vs $1,248,932 assets).
Net deficit in the latest filing (202312) where expenses ($1,617,968) exceeded revenue ($1,599,672).
Strengths
Consistent reporting of 0% officer compensation across all filings.
Significant revenue generation in peak years, such as $4,811,756 in 202009.
Growth in assets over several periods, reaching $2,460,647 in the latest available data.
Spending Breakdown
How Ret Americas 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 Ret Americas Inc
Is Ret Americas Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ret Americas Inc (EIN: 202147701) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Ret Americas Inc a good charity to donate to?
Ret Americas Inc has a Mission Score of 75/100. Revenue: $244K. Assets: $2.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ret Americas Inc?
The Employer Identification Number (EIN) for Ret Americas Inc is 202147701. 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 Ret Americas Inc spend its money?
Ret Americas Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ret Americas Inc's tax-exempt status?
You can verify Ret Americas Inc's tax-exempt status using EIN 202147701 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
Ret Americas Inc demonstrates a fluctuating financial history, with significant revenue and expense variations across its filings. For instance, revenue jumped from $538,014 in 202012 to $4,811,756 in 202009, indicating potential project-based funding or reporting changes. The organization consistently reports zero officer compensation, which is a positive indicator for donor confidence regarding executive pay. However, the latest filing (202312) shows expenses ($1,617,968) slightly exceeding revenue ($1,599,672), resulting in a net deficit for that period. While assets have generally increased over time, the liabilities in some periods, such as $1,238,942 in 201909, are substantial relative to assets, warranting closer examination of their balance sheet health. The NTEE code Q30 (International Development, Relief Services) suggests a focus on program delivery, which aligns with the typical expectations for a nonprofit in this sector.