Is Society For Prevention Research Incorporated Legit?
Quick charity verification for Society For Prevention Research Incorporated (EIN: 133750819)
Verdict: Society For Prevention Research Incorporated appears trustworthy
90/100Mission Score
$771KRevenue
$1.5MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth: Assets increased from $561,910 in 2014 to $1,442,637 in 2023, indicating strong financial management.
No reported officer compensation: This suggests a highly efficient use of funds, potentially through volunteer leadership.
Consistent operating surplus: In most years, revenue has exceeded expenses, allowing for reinvestment and asset building.
Low liabilities: Liabilities remain low relative to assets, indicating a healthy balance sheet.
Steady revenue stream: Despite some fluctuations, the organization maintains a robust revenue stream, with the latest at $777,455.
Spending Breakdown
How Society For Prevention Research Incorporated allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Prevention Research Incorporated
Is Society For Prevention Research Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Society For Prevention Research Incorporated (EIN: 133750819) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Society For Prevention Research Incorporated a good charity to donate to?
Society For Prevention Research Incorporated has a Mission Score of 90/100. Revenue: $771K. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Society For Prevention Research Incorporated?
The Employer Identification Number (EIN) for Society For Prevention Research Incorporated is 133750819. 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 Prevention Research Incorporated spend its money?
Society For Prevention Research Incorporated allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Society For Prevention Research Incorporated's tax-exempt status?
You can verify Society For Prevention Research Incorporated's tax-exempt status using EIN 133750819 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 Prevention Research Incorporated demonstrates consistent financial health and a strong commitment to its mission, as evidenced by its IRS 990 filings. Over the past decade, the organization has shown steady growth in both revenue and assets, with its latest reported revenue at $777,455 and assets at $1,442,637 in 2023. The organization consistently operates with a surplus, indicating sound financial management and the ability to build reserves. For instance, in 2023, revenues of $777,455 exceeded expenses of $680,074, resulting in a net positive. This trend of revenue exceeding expenses is observed in most years, contributing to the healthy growth of its asset base.
Spending efficiency appears to be high, with a significant portion of expenses likely directed towards program services, although specific program spending percentages are not provided in the raw data. The consistent absence of reported officer compensation across all filings is a notable indicator of transparency and a focus on directing resources to the organization's mission rather than executive salaries. This practice suggests a volunteer-driven leadership or compensation structure that minimizes overhead in this area. The organization's liabilities have remained relatively low compared to its assets, further reinforcing its stable financial position.
Overall, the Society For Prevention Research Incorporated exhibits characteristics of a well-managed and financially stable nonprofit. Its consistent growth, prudent financial operations, and apparent lack of executive compensation suggest a strong dedication to its stated purpose, making it a transparent and efficient steward of its resources. The steady increase in assets over time, from $561,910 in 2014 to $1,442,637 in 2023, highlights its ability to build long-term capacity.