Strong financial surpluses in recent years (e.g., $296,248 surplus in 2023).
Significant asset growth from $49,791 in 2020 to $684,548 in 2023.
Zero reported liabilities in the latest three fiscal periods (2021-2023).
No reported officer compensation, indicating low administrative overhead.
Very low expense-to-revenue ratio in recent years (e.g., 19% in 2023).
Spending Breakdown
How Significant Matters Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Significant Matters Inc
Is Significant Matters Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Significant Matters Inc (EIN: 202569680) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Significant Matters Inc a good charity to donate to?
Significant Matters Inc has a Mission Score of 92/100. Revenue: $333K. Assets: $772K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Significant Matters Inc?
The Employer Identification Number (EIN) for Significant Matters Inc is 202569680. 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 Significant Matters Inc spend its money?
Significant Matters Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Significant Matters Inc's tax-exempt status?
You can verify Significant Matters Inc's tax-exempt status using EIN 202569680 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
Significant Matters Inc demonstrates strong financial health and efficiency, particularly in its most recent filings. In 2023, the organization reported revenue of $366,198 against expenses of only $69,950, indicating a substantial surplus that contributed to a healthy asset base of $684,548 with no liabilities. This trend of managing expenses well below revenue is consistent over the past three years, allowing for significant asset growth from $49,791 in 2020 to $684,548 in 2023. The organization's NTEE code P20 suggests a focus on human services, and the low expense ratios imply that a significant portion of funds are either being saved for future programs or directly applied to their mission without high overhead.
The organization's spending efficiency appears excellent, with expenses consistently being a relatively small fraction of revenue in recent years. For instance, in 2023, expenses were only 19% of revenue. The absence of reported officer compensation across all available filings suggests a volunteer-driven leadership or that compensation falls below reporting thresholds, which can contribute to lower administrative costs. The consistent reporting of zero liabilities in recent years further underscores a strong financial position and responsible fiscal management. While specific program spending details are not provided in the summary data, the overall financial picture points to a well-managed and fiscally sound nonprofit.