Quick charity verification for Southeastern Red Angus Association Inc (EIN: 141890224)
Verdict: Southeastern Red Angus Association Inc appears trustworthy
92/100Mission Score
$18KRevenue
$66KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistently low expenses relative to revenue (e.g., $3,191 expenses vs. $19,330 revenue in 2023).
Zero liabilities reported across all filing periods, indicating strong financial health.
0% officer compensation, suggesting volunteer leadership and efficient use of funds.
Consistent asset growth over time, demonstrating financial stability.
Strong financial surpluses in recent years (e.g., $16,139 surplus in 2023).
Spending Breakdown
How Southeastern Red Angus Association Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Southeastern Red Angus Association Inc
Is Southeastern Red Angus Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Southeastern Red Angus Association Inc (EIN: 141890224) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Southeastern Red Angus Association Inc a good charity to donate to?
Southeastern Red Angus Association Inc has a Mission Score of 92/100. Revenue: $18K. Assets: $66K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Southeastern Red Angus Association Inc?
The Employer Identification Number (EIN) for Southeastern Red Angus Association Inc is 141890224. 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 Southeastern Red Angus Association Inc spend its money?
Southeastern Red Angus Association Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Southeastern Red Angus Association Inc's tax-exempt status?
You can verify Southeastern Red Angus Association Inc's tax-exempt status using EIN 141890224 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 Southeastern Red Angus Association Inc demonstrates a consistent pattern of strong financial health and efficient spending, particularly in its most recent filing period. In 2023, the organization reported revenues of $19,330 against expenses of only $3,191, indicating a significant surplus that contributed to asset growth. This trend of expenses being considerably lower than revenue is a positive indicator of sustainability. The organization consistently reports zero liabilities and zero officer compensation across all available filings, which speaks to a lean operational model and a high degree of financial transparency regarding executive pay. While specific program spending details are not provided in the summary data, the overall low expense ratio suggests that the majority of funds are either retained for future activities or directly applied to its mission without significant overhead.
The organization's assets have shown growth, increasing from $39,846 in 2017 to $49,711 in 2023, despite a dip in 2020. This asset accumulation, coupled with no liabilities, positions the association on solid financial footing. The absence of officer compensation further enhances its transparency and suggests a volunteer-driven leadership, which is often a hallmark of highly efficient smaller nonprofits. Overall, the Southeastern Red Angus Association Inc appears to be a financially sound and efficiently managed organization.