Is Southeast Recycling Development Council…

Quick charity verification for Southeast Recycling Development Council Inc (EIN: 202817990)

Spending Breakdown

How Southeast Recycling Development Council Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

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 Southeast Recycling Development Council Inc

Is Southeast Recycling Development Council Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Southeast Recycling Development Council Inc (EIN: 202817990) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Southeast Recycling Development Council Inc a good charity to donate to?

Southeast Recycling Development Council Inc has a Mission Score of 70/100. Revenue: $173K. Assets: $156K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Southeast Recycling Development Council Inc?

The Employer Identification Number (EIN) for Southeast Recycling Development Council Inc is 202817990. 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 Southeast Recycling Development Council Inc spend its money?

Southeast Recycling Development Council Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Southeast Recycling Development Council Inc's tax-exempt status?

You can verify Southeast Recycling Development Council Inc's tax-exempt status using EIN 202817990 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 Southeast Recycling Development Council Inc. (SERDC) demonstrates a fluctuating financial picture over the past decade. While revenue has varied significantly, from a high of $488,988 in 2018 to a low of $127,139 in 2021, the organization has generally maintained positive net assets, though with a notable increase in liabilities in recent years. For instance, in 2021, liabilities reached $456,839, a significant jump from zero in prior years, which then decreased to $98,355 in 2022. This indicates a potential reliance on debt or deferred revenue in recent periods.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the organization consistently reports 0% officer compensation, which is a positive indicator for minimizing overhead related to executive pay. The organization's expenses have often exceeded its revenue in recent years, such as in 2022 where expenses were $199,034 against revenues of $172,987, suggesting it is drawing down on reserves or incurring debt. The lack of detailed expense categorization in the provided data limits a comprehensive assessment of spending efficiency.

Transparency regarding executive compensation is excellent, with 0% reported for all periods. However, the absence of a detailed functional expense breakdown (program, admin, fundraising) in the provided data limits the ability to fully evaluate how efficiently donor funds are being allocated. The significant fluctuation in assets and the recent increase in liabilities warrant closer examination of the full 990 forms for a complete understanding of financial health and operational changes.

Is Southeast Recycling Development Council Inc Legit?

Verdict: Southeast Recycling Development Council Inc appears trustworthy

Red Flags

Strengths