Quick charity verification for Sryt Inc (EIN: 203677123)
Verdict: Sryt Inc appears trustworthy
70/100Mission Score
$236KRevenue
$36KAssets
2Red Flags
2Strengths
Red Flags
Significant decline in assets from $78,445 in 2015 to $36,404 currently, indicating reduced financial reserves.
Periods of substantial liabilities, such as $77,290 in 2021 and 2022, which could signal financial strain.
Strengths
Consistent reporting of 0% officer compensation across all filings, demonstrating efficient use of funds for leadership.
Maintained consistent revenue generation over a decade, with latest revenue at $236,140.
Spending Breakdown
How Sryt 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 Sryt Inc
Is Sryt Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sryt Inc (EIN: 203677123) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 2 strengths noted.
Is Sryt Inc a good charity to donate to?
Sryt Inc has a Mission Score of 70/100. Revenue: $236K. Assets: $36K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sryt Inc?
The Employer Identification Number (EIN) for Sryt Inc is 203677123. 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 Sryt Inc spend its money?
Sryt Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sryt Inc's tax-exempt status?
You can verify Sryt Inc's tax-exempt status using EIN 203677123 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
Sryt Inc demonstrates consistent financial activity, with revenues fluctuating but generally staying within the $110,000 to $219,000 range over the past decade. The organization's assets have seen a decline from a high of $78,445 in 2015 to $36,404 currently, indicating a reduction in its financial reserves. While the organization has reported zero officer compensation across all available filings, which is a positive sign for donor confidence regarding executive pay, the detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, making a precise assessment of spending efficiency challenging. The presence of liabilities in some years, such as $77,290 in 2021 and 2022, suggests periods where expenses outpaced revenue or significant obligations were incurred, though these were zero in 2023. The lack of detailed expense categories in the provided data limits a full transparency assessment beyond the executive compensation aspect.