Is Sae Industry Technologies Consortia Legit?

Quick charity verification for Sae Industry Technologies Consortia (EIN: 204860294)

Verdict: Sae Industry Technologies Consortia appears trustworthy

90/100Mission Score
$6.9MRevenue
$20.2MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Sae Industry Technologies Consortia demonstrates consistent financial growth and appears to manage its expenses effectively, generally operating with a surplus. For example, in 2023, revenue was $7,636,668 against expenses of $7,052,385, indicating a healthy operating margin. The organization's assets have shown significant growth, particularly from $3,595,903 in 2022 to $12,488,710 in 2023, which is a substantial increase. This growth in assets, however, is accompanied by a corresponding increase in liabilities, from $2,667,651 to $10,976,175 in the same period, suggesting that a significant portion of asset growth may be debt-financed or related to specific project funding with associated obligations. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a focus on mission-related spending rather than executive enrichment.

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Disclaimer

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

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