Quick charity verification for Swiss Institute (EIN: 133414346)
Verdict: Swiss Institute appears trustworthy
85/100Mission Score
$6.1MRevenue
$4.9MAssets
2Red Flags
4Strengths
Red Flags
Consistently reported 0% officer compensation across all filings, which is unusual for an organization with over $6 million in revenue and may indicate compensation is reported elsewhere or a unique leadership structure.
Significant increase in liabilities from $114,056 in 2014 to $5,296,039 in 2023, which warrants further investigation into the nature of these liabilities.
Strengths
Strong and consistent revenue growth over the past decade, from $1.2M in 2014 to $6.2M in 2023.
Positive net income in most recent years (e.g., $714,510 in 2023), indicating effective expense management.
Substantial growth in assets, reaching $8,412,980 in 2023, enhancing long-term stability.
Consistent IRS 990 filing history, demonstrating transparency and compliance.
Spending Breakdown
How Swiss Institute 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 Swiss Institute
Is Swiss Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Swiss Institute (EIN: 133414346) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Swiss Institute a good charity to donate to?
Swiss Institute has a Mission Score of 85/100. Revenue: $6.1M. Assets: $4.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Swiss Institute?
The Employer Identification Number (EIN) for Swiss Institute is 133414346. 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 Swiss Institute spend its money?
Swiss Institute allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Swiss Institute's tax-exempt status?
You can verify Swiss Institute's tax-exempt status using EIN 133414346 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 Swiss Institute demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, culminating in $6,224,196 in 2023. The organization has managed its expenses effectively, with a positive net income in most recent years, indicating sound financial management. For instance, in 2023, revenues exceeded expenses by over $700,000. Its asset base has also grown significantly, reaching $8,412,980 in 2023, though it's important to note the corresponding increase in liabilities to $5,296,039, which warrants monitoring.
Spending efficiency appears reasonable, as the organization consistently spends less than its revenue in recent periods, allowing for asset accumulation. The absence of reported officer compensation across all filings is a notable aspect of its transparency, suggesting either a volunteer leadership structure or compensation being reported under other categories, which would require further investigation for complete clarity. This lack of reported officer compensation, while potentially positive, could also be a red flag if key leadership is indeed compensated but not disclosed in this specific line item.
Overall, the Swiss Institute exhibits financial stability and growth. Its consistent filing history and the positive trend in its financial statements suggest a well-managed organization. However, the increasing liabilities and the zero reported officer compensation across all filings are areas that could benefit from more detailed disclosure or explanation to enhance full transparency.