Is Sagamore Institute Inc Legit?

Quick charity verification for Sagamore Institute Inc (EIN: 201161578)

Verdict: Sagamore Institute Inc appears trustworthy

85/100Mission Score
$24.6MRevenue
$20.8MAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Sagamore Institute 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 Sagamore Institute Inc

Is Sagamore Institute Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Sagamore Institute Inc (EIN: 201161578) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Sagamore Institute Inc a good charity to donate to?

Sagamore Institute Inc has a Mission Score of 85/100. Revenue: $24.6M. Assets: $20.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Sagamore Institute Inc?

The Employer Identification Number (EIN) for Sagamore Institute Inc is 201161578. 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 Sagamore Institute Inc spend its money?

Sagamore Institute Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Sagamore Institute Inc's tax-exempt status?

You can verify Sagamore Institute Inc's tax-exempt status using EIN 201161578 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

Sagamore Institute Inc. demonstrates generally sound financial health, with consistent revenue generation and asset growth over the past decade. In the most recent filing (202312), the organization reported revenues of $16,762,794 against expenses of $13,902,629, indicating a healthy surplus. Their assets have grown significantly from $2,773,096 in 2014 to $15,774,857 in 2023, suggesting effective financial management and accumulation of resources. Liabilities remain relatively low compared to assets, indicating a strong balance sheet. The organization's spending efficiency appears reasonable, with expenses generally tracking below revenue, allowing for asset accumulation. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of their transparency and financial management, suggesting that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which warrants further investigation for complete understanding. This practice, if it means truly unpaid leadership, could contribute to higher program spending ratios. Overall, Sagamore Institute Inc. appears to be a financially stable organization with a positive trend in revenue and assets. The lack of reported officer compensation is a significant data point for transparency, potentially indicating a highly efficient use of funds for program delivery, but also raises questions about the full compensation structure for key personnel. Their consistent filing history further supports a commitment to transparency.

View Full Transparency Report →

Disclaimer

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

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