Is Siatech Inc Legit?

Quick charity verification for Siatech Inc (EIN: 200898502)

Verdict: Siatech Inc appears trustworthy

85/100Mission Score
$24.4MRevenue
$10.6MAssets
1Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Siatech Inc. demonstrates a consistent operational scale, with revenues fluctuating between $12.8 million and $24.5 million over the past decade. The organization's financial health shows some variability; for instance, in fiscal year 2023, expenses ($20,908,165) exceeded revenue ($20,229,662), indicating a deficit for that period. Similarly, in 2022, expenses ($19,134,734) also surpassed revenue ($15,818,647). However, prior years like 2021 showed a healthy surplus with revenues of $24,508,024 against expenses of $19,791,709. The organization's assets have generally grown over time, from $2,570,218 in 2015 to $10,125,503 in 2023, suggesting a build-up of financial capacity despite occasional operating deficits. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to transparency regarding executive pay, or that officers are not compensated, which is a significant positive for donor confidence.

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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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