Is Student National Medical Association Inc Legit?
Quick charity verification for Student National Medical Association Inc (EIN: 200097141)
Verdict: Student National Medical Association Inc appears trustworthy
85/100Mission Score
$45KRevenue
$109KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth from $133,990 to $169,370.
Positive net income in both reported periods ($70,007 surplus in 202306, $70,007 surplus in 202206).
No reported liabilities, indicating strong financial solvency.
0% officer compensation reported, suggesting efficient use of funds for mission.
Strong financial health with increasing revenue and assets.
Spending Breakdown
How Student National Medical Association 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 Student National Medical Association Inc
Is Student National Medical Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Student National Medical Association Inc (EIN: 200097141) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Student National Medical Association Inc a good charity to donate to?
Student National Medical Association Inc has a Mission Score of 85/100. Revenue: $45K. Assets: $109K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Student National Medical Association Inc?
The Employer Identification Number (EIN) for Student National Medical Association Inc is 200097141. 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 National Medical Association Inc spend its money?
Student National Medical Association Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Student National Medical Association Inc's tax-exempt status?
You can verify Student National Medical Association Inc's tax-exempt status using EIN 200097141 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
The Student National Medical Association Inc. demonstrates a generally healthy financial position with growing assets and a positive net income in recent periods. In the 202306 period, the organization reported revenues of $105,457 against expenses of $70,077, indicating a surplus. Their assets have also shown consistent growth, increasing from $133,990 in 202206 to $169,370 in 202306, with no reported liabilities, which is a strong indicator of financial stability. The organization also reports 0% officer compensation, which suggests a volunteer-driven leadership or that compensation is not a significant expense, contributing positively to their spending efficiency and transparency regarding executive pay. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency across programs, administration, and fundraising.