Quick charity verification for Strive International Inc (EIN: 133255679)
Verdict: Strive International Inc appears trustworthy
85/100Mission Score
$14.8MRevenue
$15.1MAssets
1Red Flags
4Strengths
Red Flags
Unusually low (0%) reported officer compensation, which may obscure actual executive remuneration if categorized elsewhere.
Strengths
Significant revenue growth, particularly in the latest filing period (202312 revenue of $18,696,183).
Substantial increase in assets, reaching $17,161,290 in 202312, indicating growing financial stability.
Consistent reporting of 0% officer compensation, suggesting strong commitment to minimizing executive overhead or volunteer leadership.
Positive net income in recent years, with 202312 showing a surplus of over $6 million ($18,696,183 revenue - $12,522,812 expenses).
Spending Breakdown
How Strive International 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
5%
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 Strive International Inc
Is Strive International Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Strive International Inc (EIN: 133255679) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Strive International Inc a good charity to donate to?
Strive International Inc has a Mission Score of 85/100. Revenue: $14.8M. Assets: $15.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Strive International Inc?
The Employer Identification Number (EIN) for Strive International Inc is 133255679. 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 Strive International Inc spend its money?
Strive International Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Strive International Inc's tax-exempt status?
You can verify Strive International Inc's tax-exempt status using EIN 133255679 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
Strive International Inc demonstrates a generally healthy financial trajectory, marked by significant revenue growth in its latest filing period. In 2023, the organization reported revenue of $18,696,183 against expenses of $12,522,812, indicating a substantial surplus. This positive trend is a notable improvement from previous years, where revenues and expenses were more closely matched. The organization's assets have also grown considerably, reaching $17,161,290 in 2023, suggesting increasing financial capacity.
While the overall financial health appears robust, a detailed breakdown of spending efficiency is crucial. Without specific program, administrative, and fundraising expense figures from the provided data, it's challenging to precisely assess the efficiency of resource allocation. However, the consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing executive overhead, which is a positive indicator for transparency and donor trust. Further analysis would benefit from a more granular view of expense categories to confirm optimal program spending.
Strive International Inc's consistent filing history over 13 periods indicates a commitment to regulatory compliance and transparency. The growth in assets and revenue, particularly the significant jump in 2023, suggests increasing operational scale and potential impact. The absence of officer compensation is a strong point for transparency, as it implies that leadership is not drawing salaries from the organization, or that compensation is reported under different categories not captured by 'Officer Comp'.