Is The Atlas Society Ltd Legit?

Strengths

Consistent and significant revenue growth over the past decade, from $965,275 in 2014 to $2,960,978 in 2023.
Healthy surplus of revenue over expenses in most recent years, indicating sound financial management (e.g., $2,960,978 revenue vs. $2,569,474 expenses in 2023).
Substantial growth in assets, increasing from $234,904 in 2014 to $884,419 in 2023, strengthening the organization's financial position.
Consistent filing of IRS 990s, demonstrating a commitment to financial transparency.

Spending Breakdown

How The Atlas Society Ltd allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

10%

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 The Atlas Society Ltd

Is The Atlas Society Ltd a legitimate charity?

Based on AI analysis of IRS 990 filings, The Atlas Society Ltd (EIN: 133554791) appears trustworthy. Mission Score: 78/100. 2 red flags identified, 4 strengths noted.

Is The Atlas Society Ltd a good charity to donate to?

The Atlas Society Ltd has a Mission Score of 78/100. Revenue: $3.6M. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Atlas Society Ltd?

The Employer Identification Number (EIN) for The Atlas Society Ltd is 133554791. 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 The Atlas Society Ltd spend its money?

The Atlas Society Ltd allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Atlas Society Ltd's tax-exempt status?

You can verify The Atlas Society Ltd's tax-exempt status using EIN 133554791 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 Atlas Society Ltd demonstrates a pattern of consistent revenue growth over the past decade, increasing from $965,275 in 2014 to $2,960,978 in 2023. This growth is generally accompanied by a healthy surplus of revenue over expenses, as seen in 2023 where revenue was $2,960,978 against expenses of $2,569,474. The organization's assets have also shown significant growth, reaching $884,419 in 2023, indicating a strengthening financial position. However, there were periods, such as 2015 and 2019, where expenses exceeded revenue, suggesting some variability in financial performance. The consistent reporting of 0% officer compensation across all filings indicates a potential reliance on volunteer leadership or that compensation is reported under other expense categories, which warrants further investigation for full transparency.

Spending efficiency appears reasonable given the consistent surpluses in recent years. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health suggests that the organization is managing its resources effectively to support its operations. The growth in assets and the positive net income in most recent years point to a sustainable financial model. The organization's transparency is generally good through its consistent 990 filings, but the lack of reported officer compensation could be a point of inquiry for a deeper understanding of how leadership is compensated.

Overall, The Atlas Society Ltd appears to be in a stable and growing financial position. Its ability to consistently increase revenue and build assets over time is a positive indicator. While the absence of reported officer compensation is notable, the consistent filing of IRS 990s provides a good level of financial transparency. Further detailed analysis of expense categories would provide a more granular view of spending efficiency.

Verdict: The Atlas Society Ltd appears trustworthy

Red Flags