Quick charity verification for Sheep Inc (EIN: 10684273)
Verdict: Sheep Inc shows mixed signals
65/100Mission Score
$0Revenue
$0Assets
3Red Flags
2Strengths
Red Flags
Lack of recent financial data beyond 2016, with current revenue reported as $0.
Unknown NTEE code, hindering understanding of organizational purpose.
0% officer compensation for an organization with $3,000,000 in expenses, which is atypical and warrants further investigation.
Strengths
Strong asset base of $43,000,000 relative to liabilities of $3,000,000 in 2016.
Break-even financial performance in 2016, with revenue matching expenses.
Spending Breakdown
How Sheep Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Sheep Inc
Is Sheep Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sheep Inc (EIN: 10684273) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Sheep Inc a good charity to donate to?
Sheep Inc has a Mission Score of 65/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sheep Inc?
The Employer Identification Number (EIN) for Sheep Inc is 10684273. 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 Sheep Inc spend its money?
Sheep Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sheep Inc's tax-exempt status?
You can verify Sheep Inc's tax-exempt status using EIN 10684273 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
Sheep Inc. appears to be in a stable financial position based on its 2016 filing, reporting $3,000,000 in revenue and equal expenses, indicating a break-even year. The organization holds substantial assets of $43,000,000 against liabilities of $3,000,000, suggesting a healthy balance sheet with significant reserves. However, the lack of more recent financial data (latest revenue reported as $0) makes a current assessment challenging. The 2016 filing shows no officer compensation, which could indicate a volunteer-led organization or that compensation is reported differently, but without further detail, it's difficult to fully assess. The absence of an NTEE code and limited filing history also impacts a comprehensive transparency assessment.