Quick charity verification for Society For Bevel Intentions Inc (EIN: 134012463)
Verdict: Society For Bevel Intentions Inc appears trustworthy
70/100Mission Score
$103KRevenue
$538KAssets
3Red Flags
3Strengths
Red Flags
Significant increase in liabilities relative to assets, from $348,965 in 2021 to $519,067 in 2023.
Expenses ($103,810) significantly exceeded revenue ($58,825) in the 2023 filing period, indicating an operational deficit.
Fluctuating revenue stream, with a notable drop from $137,292 in 2022 to $58,825 in 2023.
Strengths
Consistent reporting of 0% officer compensation, indicating a strong commitment to mission over executive pay.
Overall asset growth from $409,800 in 2021 to $537,969 (latest) / $555,684 (2023 filing), demonstrating some capacity building.
Transparency in filing IRS Form 990s annually.
Spending Breakdown
How Society For Bevel Intentions 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 Society For Bevel Intentions Inc
Is Society For Bevel Intentions Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Society For Bevel Intentions Inc (EIN: 134012463) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Society For Bevel Intentions Inc a good charity to donate to?
Society For Bevel Intentions Inc has a Mission Score of 70/100. Revenue: $103K. Assets: $538K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Society For Bevel Intentions Inc?
The Employer Identification Number (EIN) for Society For Bevel Intentions Inc is 134012463. 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 Society For Bevel Intentions Inc spend its money?
Society For Bevel Intentions Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Society For Bevel Intentions Inc's tax-exempt status?
You can verify Society For Bevel Intentions Inc's tax-exempt status using EIN 134012463 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
The Society For Bevel Intentions Inc demonstrates a fluctuating financial performance over the past three years. While the organization reported a latest revenue of $102,720 and assets of $537,969, its expenses have sometimes exceeded revenue, notably in 2023 where expenses of $103,810 outstripped revenue of $58,825. This indicates a reliance on prior reserves or other funding sources to cover operational costs in certain periods. The organization's assets have shown growth from $409,800 in 2021 to $555,684 in 2023, though there was a dip in 2022. Liabilities have also increased significantly over the period, from $348,965 in 2021 to $519,067 in 2023, suggesting a high debt-to-asset ratio which could impact long-term financial stability. The consistent reporting of 0% officer compensation is a positive indicator of financial transparency and a focus on mission over executive pay.