Consistent operational deficits in recent years (e.g., 202306, 202206) where expenses slightly exceed revenue.
Significant and continuous increase in liabilities, from $266,024 in 201906 to $1,493,713 in 202306, without clear explanation.
Unusual reporting of 0% officer compensation for an organization of this size and revenue, potentially indicating incomplete transparency regarding executive remuneration.
Strengths
Consistent revenue generation, with revenue growing from $3,813,284 in 201706 to $5,614,708 in 202306.
Strong asset growth over the past five years, from $417,859 in 201906 to $2,156,095 in 202306.
Long history of IRS 990 filings (13 filings), indicating consistent compliance and transparency in reporting.
Spending Breakdown
How Student Assistance Services Corporation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Student Assistance Services Corporation
Is Student Assistance Services Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Student Assistance Services Corporation (EIN: 133264779) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Student Assistance Services Corporation a good charity to donate to?
Student Assistance Services Corporation has a Mission Score of 75/100. Revenue: $6.2M. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Student Assistance Services Corporation?
The Employer Identification Number (EIN) for Student Assistance Services Corporation is 133264779. 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 Student Assistance Services Corporation spend its money?
Student Assistance Services Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Student Assistance Services Corporation's tax-exempt status?
You can verify Student Assistance Services Corporation's tax-exempt status using EIN 133264779 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
Student Assistance Services Corporation demonstrates consistent financial activity, with revenues and expenses closely matched over the past decade. For the 202306 period, the organization reported revenues of $5,614,708 against expenses of $5,627,084, indicating a slight operational deficit. While the organization's assets have shown growth, reaching $2,156,095 in 202306, liabilities have also increased significantly, standing at $1,493,713 in the same period. This suggests a reliance on debt or short-term obligations to finance operations or asset acquisition. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its financial transparency, indicating that top executives are not drawing salaries from the organization, which is unusual for an organization of this size and operational scope. This could imply that executive functions are performed by volunteers or compensated through other means not captured in 'officer compensation'.
The organization's financial health appears stable in terms of its ability to generate revenue to cover expenses, though the increasing liabilities warrant closer examination. The lack of reported officer compensation, while seemingly positive for donor perception, could also raise questions about the sustainability of its leadership structure or the completeness of compensation reporting if key personnel are compensated in other capacities. Overall, the organization maintains a steady operational footprint, but its financial structure, particularly the growing liabilities and the executive compensation model, presents areas for deeper inquiry regarding long-term sustainability and full transparency.