Quick charity verification for Spectemur Agendo Inc (EIN: 10751046)
Verdict: Spectemur Agendo Inc has notable concerns
35/100Mission Score
$26KRevenue
$393KAssets
4Red Flags
1Strengths
Red Flags
Consistent and severe deficit spending (e.g., 2023 expenses $888,918 vs. revenue $57,196)
Dramatic decline in assets over time (from $11.3M in 2013 to $0.57M in 2023)
Current assets ($392,887) are significantly lower than historical levels, indicating financial distress
High expense-to-revenue ratio across multiple years, suggesting unsustainable operations
Strengths
No reported officer compensation, potentially indicating a volunteer-driven leadership structure
Spending Breakdown
How Spectemur Agendo Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Spectemur Agendo Inc
Is Spectemur Agendo Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Spectemur Agendo Inc (EIN: 10751046) has notable concerns. Mission Score: 35/100. 4 red flags identified, 1 strength noted.
Is Spectemur Agendo Inc a good charity to donate to?
Spectemur Agendo Inc has a Mission Score of 35/100. Revenue: $26K. Assets: $393K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Spectemur Agendo Inc?
The Employer Identification Number (EIN) for Spectemur Agendo Inc is 10751046. 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 Spectemur Agendo Inc spend its money?
Spectemur Agendo Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Spectemur Agendo Inc's tax-exempt status?
You can verify Spectemur Agendo Inc's tax-exempt status using EIN 10751046 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
Spectemur Agendo Inc. exhibits a concerning financial trend with consistently high expenses far exceeding revenue in most recent years. For example, in 2023, expenses were $888,918 against revenue of only $57,196, and in 2022, expenses were $3,106,466 against revenue of $721,286. This indicates a significant reliance on prior assets or other funding sources not reflected in annual revenue, leading to a substantial decline in assets from a peak of $11,306,287 in 2013 to $569,180 in 2023. The organization's financial health appears to be deteriorating, with a current asset base of $392,887, which is a fraction of its historical levels. The lack of reported officer compensation across all filings suggests either a fully volunteer-run leadership or compensation being reported under other expense categories, which could impact transparency regarding executive pay.