Quick charity verification for Society For Corporate Governance Inc (EIN: 131674285)
Verdict: Society For Corporate Governance Inc appears trustworthy
85/100Mission Score
$9.1MRevenue
$6.9MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent operational surpluses in most years (e.g., $331,258 in 202403).
Steady growth in assets over the past decade, from $3.5M to $6.3M.
No reported officer compensation, indicating high transparency and potential volunteer leadership.
Stable revenue generation, demonstrating consistent support for its activities.
Spending Breakdown
How Society For Corporate Governance 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 Corporate Governance Inc
Is Society For Corporate Governance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Society For Corporate Governance Inc (EIN: 131674285) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Society For Corporate Governance Inc a good charity to donate to?
Society For Corporate Governance Inc has a Mission Score of 85/100. Revenue: $9.1M. Assets: $6.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Society For Corporate Governance Inc?
The Employer Identification Number (EIN) for Society For Corporate Governance Inc is 131674285. 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 Corporate Governance Inc spend its money?
Society For Corporate Governance 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 Corporate Governance Inc's tax-exempt status?
You can verify Society For Corporate Governance Inc's tax-exempt status using EIN 131674285 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 Corporate Governance Inc. demonstrates a consistent financial operational pattern, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in the 202403 period, the organization reported revenues of $5,102,565 against expenses of $4,771,307, indicating a surplus. Their asset base has shown steady growth, increasing from $3,532,227 in 201503 to $6,297,847 in 202403, suggesting financial stability and accumulation of resources. The organization's liabilities have also increased over time, but remain manageable relative to its assets.
Regarding spending efficiency, without detailed functional expense breakdowns (program, administrative, fundraising) from the provided data, a precise assessment is challenging. However, the consistent operational surpluses in most years suggest that the organization is managing its overall expenses effectively within its revenue streams. The absence of reported officer compensation across all filings indicates a high degree of transparency and potentially a volunteer-driven leadership structure, which is a positive indicator for donor confidence.
Overall, the Society For Corporate Governance Inc. appears to be in sound financial health, characterized by stable revenue generation, growing assets, and a commendable approach to executive compensation transparency. Further analysis would benefit from detailed expense allocations to fully evaluate program efficiency.