Is Search For Change Inc Legit?

Quick charity verification for Search For Change Inc (EIN: 132893548)

Verdict: Search For Change Inc appears trustworthy

90/100Mission Score
$13.5MRevenue
$20.6MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Search For Change Inc demonstrates consistent financial growth and strong program spending over the past decade. Their revenue has steadily increased from $8.6 million in 2014 to over $11.4 million in 2023, indicating a growing capacity to serve their mission. The organization consistently operates with a surplus, as seen in the 2023 period where revenues of $11,413,821 exceeded expenses of $11,280,099, contributing to a healthy accumulation of assets, which grew from $4.5 million in 2014 to nearly $15 million in 2023. The organization's financial health is further bolstered by its efficient spending. While specific breakdowns for program, administrative, and fundraising expenses are not provided in the summary data, the consistent surpluses and asset growth suggest effective management of resources. A notable strength is the reported 0% officer compensation across all available filings, which indicates that executive leadership is either unpaid or compensated through other means not categorized as 'officer compensation' on these specific lines, potentially signaling a high degree of dedication to the mission and efficient use of funds. In terms of transparency, the consistent filing of IRS Form 990s over 13 periods is a positive indicator. The absence of reported officer compensation, while potentially a strength, also warrants further investigation into how executive leadership is compensated, if at all, to ensure full transparency. Overall, Search For Change Inc appears to be a financially stable and growing organization with a strong commitment to its mission, as evidenced by its financial trends and reported compensation structure.

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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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