Is Society For Cultural Exchange Inc Legit?

Quick charity verification for Society For Cultural Exchange Inc (EIN: 204857939)

Verdict: Society For Cultural Exchange Inc appears trustworthy

70/100Mission Score
$568KRevenue
$298KAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Society For Cultural Exchange Inc allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Cultural Exchange Inc

Is Society For Cultural Exchange Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Society For Cultural Exchange Inc (EIN: 204857939) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Society For Cultural Exchange Inc a good charity to donate to?

Society For Cultural Exchange Inc has a Mission Score of 70/100. Revenue: $568K. Assets: $298K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Society For Cultural Exchange Inc?

The Employer Identification Number (EIN) for Society For Cultural Exchange Inc is 204857939. 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 Cultural Exchange Inc spend its money?

Society For Cultural Exchange Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Society For Cultural Exchange Inc's tax-exempt status?

You can verify Society For Cultural Exchange Inc's tax-exempt status using EIN 204857939 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 Cultural Exchange Inc. demonstrates a mixed financial picture. While the organization has shown significant growth in revenue over the past decade, peaking at $390,573 in 2019 and reaching $365,396 in 2023, it has also experienced periods of deficit spending. For instance, in 2023, expenses ($460,315) exceeded revenue ($365,396), resulting in a net loss. This trend of expenses occasionally outstripping revenue is visible in several other years, such as 2021, 2018, 2017, 2016, and 2015, indicating potential challenges in consistent financial management or reliance on reserves. The organization's assets have fluctuated considerably, from a low of $18,534 in 2017 to a high of $173,587 in 2020, and most recently $52,717 in 2023, suggesting varying levels of financial stability and capacity. The consistent reporting of 0% officer compensation across all filings is a positive indicator of resource allocation towards the mission rather than executive salaries, enhancing transparency and trust. However, the recurring deficits warrant closer examination of operational efficiency and fundraising strategies to ensure long-term sustainability.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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