Low liabilities across all reported periods, suggesting sound debt management.
Long filing history (12 filings) indicates sustained operation and compliance.
Spending Breakdown
How Sugar Industry Technologists 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 Sugar Industry Technologists Inc
Is Sugar Industry Technologists Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sugar Industry Technologists Inc (EIN: 135541680) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Sugar Industry Technologists Inc a good charity to donate to?
Sugar Industry Technologists Inc has a Mission Score of 75/100. Revenue: $179K. Assets: $275K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sugar Industry Technologists Inc?
The Employer Identification Number (EIN) for Sugar Industry Technologists Inc is 135541680. 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 Sugar Industry Technologists Inc spend its money?
Sugar Industry Technologists Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sugar Industry Technologists Inc's tax-exempt status?
You can verify Sugar Industry Technologists Inc's tax-exempt status using EIN 135541680 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
Sugar Industry Technologists Inc. demonstrates consistent financial activity, with revenues fluctuating between $68,084 and $222,448 over the past decade. The organization generally operates near break-even, with expenses often closely matching or slightly exceeding revenue, as seen in 2023 where expenses were $226,672 against revenues of $202,058. This indicates a focus on utilizing incoming funds for current operations rather than significant accumulation of reserves. Assets have shown a gradual decline from a high of $378,694 in 2019 to $262,566 in 2023, which warrants attention but is not immediately alarming given the relatively low liabilities.
The organization's spending efficiency appears reasonable for its operational model, though specific program spending details are not provided in the summary data. The consistent reporting of 0% officer compensation across all filings is a strong indicator of financial transparency and a commitment to directing funds towards the organization's mission rather than executive salaries. This practice is commendable and suggests a volunteer-driven leadership structure. The relatively low liabilities also point to sound financial management and a lack of significant debt burden.
Overall, Sugar Industry Technologists Inc. appears to be a stable, albeit small, organization with a transparent approach to executive compensation. While the decline in assets should be monitored, the consistent operational activity and low liabilities suggest a financially responsible entity. Further analysis would benefit from a detailed breakdown of program, administrative, and fundraising expenses to fully assess spending efficiency.