Is Southeast Vocational Alliance Inc Legit?…

Quick charity verification for Southeast Vocational Alliance Inc (EIN: 201578416)

Spending Breakdown

How Southeast Vocational Alliance 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

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 Vocational Alliance Inc

Is Southeast Vocational Alliance Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Southeast Vocational Alliance Inc (EIN: 201578416) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

Is Southeast Vocational Alliance Inc a good charity to donate to?

Southeast Vocational Alliance Inc has a Mission Score of 75/100. Revenue: $2.8M. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Southeast Vocational Alliance Inc?

The Employer Identification Number (EIN) for Southeast Vocational Alliance Inc is 201578416. 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 Vocational Alliance Inc spend its money?

Southeast Vocational Alliance Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Southeast Vocational Alliance Inc's tax-exempt status?

You can verify Southeast Vocational Alliance Inc's tax-exempt status using EIN 201578416 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

Southeast Vocational Alliance Inc has experienced a significant decline in revenue over the past five years, from $10,425,188 in 2018 to $3,086,234 in 2022, indicating a substantial contraction in operations. Despite this, the organization has consistently reported zero officer compensation across all available filings, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. However, the organization's assets have also decreased from $2,193,899 in 2018 to $1,915,675 in 2022, while liabilities have fluctuated but remained a notable portion of assets, suggesting potential financial strain or a need for closer management of its balance sheet.

The organization's spending efficiency cannot be fully assessed without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of expenses closely tracking revenue, sometimes exceeding it as seen in 2022 ($3,236,060 expenses vs. $3,086,234 revenue), suggests that the organization is spending its income, but also highlights periods of operating deficits. The absence of officer compensation is a positive sign for donor confidence regarding executive pay, but a deeper dive into functional expenses would be necessary to fully evaluate overall spending efficiency and program impact.

Is Southeast Vocational Alliance Inc Legit?

Verdict: Southeast Vocational Alliance Inc appears trustworthy

Red Flags

Strengths