Is Texas Academy Of Medicine Engineering Science And Technology Legit?
Quick charity verification for Texas Academy Of Medicine Engineering Science And Technology (EIN: 201014851)
Verdict: Texas Academy Of Medicine Engineering Science And Technology appears trustworthy
90/100Mission Score
$1.7MRevenue
$23.1MAssets
1Red Flags
4Strengths
Red Flags
Unusually low (0%) reported officer compensation for an organization of this asset size, which might warrant further inquiry into how leadership is compensated or structured.
Strengths
Strong and growing asset base, reaching $23,134,428 in the latest filing.
Consistent reporting of 0% officer compensation, suggesting high dedication of funds to mission.
Low liabilities relative to assets, indicating sound financial management.
Generally effective expense management within revenue streams, as seen in 2023 where expenses were $1,407,475 against $1,641,624 in revenue.
Spending Breakdown
How Texas Academy Of Medicine Engineering Science And Technology 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 Texas Academy Of Medicine Engineering Science And Technology
Is Texas Academy Of Medicine Engineering Science And Technology a legitimate charity?
Based on AI analysis of IRS 990 filings, Texas Academy Of Medicine Engineering Science And Technology (EIN: 201014851) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Texas Academy Of Medicine Engineering Science And Technology a good charity to donate to?
Texas Academy Of Medicine Engineering Science And Technology has a Mission Score of 90/100. Revenue: $1.7M. Assets: $23.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Texas Academy Of Medicine Engineering Science And Technology?
The Employer Identification Number (EIN) for Texas Academy Of Medicine Engineering Science And Technology is 201014851. 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 Texas Academy Of Medicine Engineering Science And Technology spend its money?
Texas Academy Of Medicine Engineering Science And Technology allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Texas Academy Of Medicine Engineering Science And Technology's tax-exempt status?
You can verify Texas Academy Of Medicine Engineering Science And Technology's tax-exempt status using EIN 201014851 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 Texas Academy Of Medicine Engineering Science And Technology demonstrates consistent financial stability with substantial assets, reported at $23,134,428 in its latest filing. The organization has maintained a healthy asset base, growing from $14,950,855 in 2014 to over $20 million in recent years. While revenue has fluctuated, such as a peak of $2,820,502 in 2021 followed by $991,981 in 2022 and $1,641,624 in 2023, the organization generally manages its expenses well within its revenue streams, as seen in 2023 where expenses were $1,407,475 against $1,641,624 in revenue. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission, enhancing its transparency and public trust. The organization's liabilities have remained relatively low compared to its assets, indicating sound financial management and minimal debt burden.