Is Transforming Leaders In Asia Ministries Inc Legit?

Quick charity verification for Transforming Leaders In Asia Ministries Inc (EIN: 161646999)

Verdict: Transforming Leaders In Asia Ministries Inc appears trustworthy

85/100Mission Score

$317KRevenue

$92KAssets

2Red Flags

4Strengths

Red Flags

Significant year-over-year fluctuations in assets without clear explanation in summary data (e.g., $172,261 in 2020 down to $30,594 in 2023).
Expenses exceeding revenue in multiple years (e.g., 2021 and 2022) without reported liabilities, suggesting reliance on reserves or other undisclosed funding mechanisms.

Strengths

Consistent reporting of 0% officer compensation, indicating high volunteerism or very low administrative overhead.
Zero reported liabilities across all 13 filings, demonstrating strong financial solvency and no debt.
Long history of consistent IRS 990 filings (13 filings), indicating strong transparency and compliance.
Generally stable revenue generation over the past decade, with recent revenues exceeding $260,000.

Spending Breakdown

How Transforming Leaders In Asia Ministries Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Transforming Leaders In Asia Ministries Inc

Is Transforming Leaders In Asia Ministries Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Transforming Leaders In Asia Ministries Inc (EIN: 161646999) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Transforming Leaders In Asia Ministries Inc a good charity to donate to?

Transforming Leaders In Asia Ministries Inc has a Mission Score of 85/100. Revenue: $317K. Assets: $92K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Transforming Leaders In Asia Ministries Inc?

The Employer Identification Number (EIN) for Transforming Leaders In Asia Ministries Inc is 161646999. 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 Transforming Leaders In Asia Ministries Inc spend its money?

Transforming Leaders In Asia Ministries Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Transforming Leaders In Asia Ministries Inc's tax-exempt status?

You can verify Transforming Leaders In Asia Ministries Inc's tax-exempt status using EIN 161646999 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

Transforming Leaders In Asia Ministries Inc demonstrates a generally stable financial position, with recent revenues of $264,884 in 2023 and $300,500 in 2022. The organization has shown consistent revenue generation over the past decade, though with some fluctuations, such as a dip to $52,731 in 2017. Their asset base is relatively modest, reported at $30,594 in 2023, and has varied significantly, reaching a high of $172,261 in 2020. The consistent reporting of zero liabilities across all available filings indicates a strong balance sheet with no outstanding debt, which is a positive indicator of financial health.

The organization's spending efficiency appears reasonable, with expenses generally aligning with or slightly exceeding revenue in some years, such as 2022 where expenses were $336,147 against $300,500 in revenue, and 2021 with $330,774 in expenses against $208,805 in revenue. However, in 2023, expenses ($248,935) were less than revenue ($264,884), indicating a surplus. The consistent reporting of 0% officer compensation across all filings suggests a high degree of volunteerism or very low administrative overhead related to executive salaries, which contributes positively to spending efficiency. The NTEE code X20 (International, Foreign Affairs, and National Security) suggests a focus on program services that are likely international in scope.

Transparency is strong given the consistent filing of IRS Form 990s over 13 periods, providing a comprehensive historical financial record. The absence of officer compensation also simplifies financial scrutiny, as there are no complex executive pay structures to analyze. The organization's consistent financial reporting and lack of liabilities contribute to a clear and understandable financial picture, allowing stakeholders to easily assess its operations.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.