Is The Institute For Contemplative Education Legit?
Quick charity verification for The Institute For Contemplative Education (EIN: 10461392)
Verdict: The Institute For Contemplative Education appears trustworthy
75/100Mission Score
$66KRevenue
$16KAssets
2Red Flags
3Strengths
Red Flags
Limited financial history (only one filing available)
Small asset base ($34,515 in 2022) may limit long-term stability or scalability
Strengths
Efficient spending with expenses of $59,985 against $90,000 revenue in 2022
No reported officer compensation (0% in 2022)
No liabilities reported in 2022, indicating a healthy balance sheet for its size
Spending Breakdown
How The Institute For Contemplative Education 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 The Institute For Contemplative Education
Is The Institute For Contemplative Education a legitimate charity?
Based on AI analysis of IRS 990 filings, The Institute For Contemplative Education (EIN: 10461392) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is The Institute For Contemplative Education a good charity to donate to?
The Institute For Contemplative Education has a Mission Score of 75/100. Revenue: $66K. Assets: $16K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Institute For Contemplative Education?
The Employer Identification Number (EIN) for The Institute For Contemplative Education is 10461392. 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 Institute For Contemplative Education spend its money?
The Institute For Contemplative Education allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Institute For Contemplative Education's tax-exempt status?
You can verify The Institute For Contemplative Education's tax-exempt status using EIN 10461392 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 Institute For Contemplative Education appears to be a very small, nascent organization based on its single IRS 990 filing for the period ending December 2022. With reported revenue of $90,000 and assets of $34,515, its financial scale is modest. The organization demonstrates strong spending efficiency with expenses of $59,985, indicating a significant portion of its revenue is being utilized. The absence of liabilities suggests a healthy balance sheet for its size. However, with only one filing available, a comprehensive assessment of long-term financial health and trends is limited. Transparency is currently basic, as detailed program spending breakdowns are not available from the provided summary data, making it difficult to fully assess the impact of its expenditures beyond the overall efficiency.