Assets decreased by nearly 50% from 2023 to 2024 ($154,503 to $79,602)
Strengths
Consistent 0% officer compensation reported across all filings
Demonstrated revenue growth over the past decade (from $12,360 in 2014 to $194,422 in 2024)
Historically low or zero liabilities
Spending Breakdown
How Spiritual Innovations 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 Spiritual Innovations Inc
Is Spiritual Innovations Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Spiritual Innovations Inc (EIN: 205518030) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Spiritual Innovations Inc a good charity to donate to?
Spiritual Innovations Inc has a Mission Score of 70/100. Revenue: $236K. Assets: $80K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Spiritual Innovations Inc?
The Employer Identification Number (EIN) for Spiritual Innovations Inc is 205518030. 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 Spiritual Innovations Inc spend its money?
Spiritual Innovations Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Spiritual Innovations Inc's tax-exempt status?
You can verify Spiritual Innovations Inc's tax-exempt status using EIN 205518030 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
Spiritual Innovations Inc. demonstrates a fluctuating financial performance over the past several years. While the organization has shown growth in revenue from $12,360 in 2014 to $194,422 in 2024, it has also experienced periods of significant net losses, such as in 2024 where expenses ($270,709) substantially exceeded revenue ($194,422), resulting in a deficit of $76,287. This recent deficit has led to a decrease in assets from $154,503 in 2023 to $79,602 in 2024.
The organization consistently reports 0% officer compensation across all available filings, which suggests a volunteer-led or very lean executive structure, contributing positively to spending efficiency by minimizing administrative overhead in this area. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess program spending efficiency. The lack of reported liabilities in most years indicates a generally healthy balance sheet, though the recent increase to $1,240 in 2024 should be monitored.
Overall, Spiritual Innovations Inc. appears to be a growing organization with a commitment to minimizing executive compensation. However, the recent significant operating deficit in 2024 raises questions about financial sustainability and expense management, which warrants closer examination of their detailed spending categories to ensure a strong focus on their mission.