Quick charity verification for Trekkers Inc (EIN: 10537500)
Verdict: Trekkers Inc appears trustworthy
92/100Mission Score
$1.7MRevenue
$1.8MAssets
1Red Flags
5Strengths
Red Flags
Unusually low or zero reported officer compensation for an organization of this size, which might indicate compensation is reported under other categories or officers are unpaid volunteers, warranting further investigation for clarity.
Strengths
Consistent revenue growth, with latest revenue at $1,704,648.
Strong asset accumulation, growing from $104,535 in 2019 to $1,551,864 in 2023.
Healthy financial surpluses, with expenses consistently below revenue in recent years (e.g., 2023 revenue $1,367,451 vs. expenses $975,366).
No reported officer compensation, suggesting a high dedication of funds to programs.
Low liabilities relative to assets, indicating strong financial health and solvency.
Spending Breakdown
How Trekkers Inc 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 Trekkers Inc
Is Trekkers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Trekkers Inc (EIN: 10537500) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Trekkers Inc a good charity to donate to?
Trekkers Inc has a Mission Score of 92/100. Revenue: $1.7M. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Trekkers Inc?
The Employer Identification Number (EIN) for Trekkers Inc is 10537500. 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 Trekkers Inc spend its money?
Trekkers Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Trekkers Inc's tax-exempt status?
You can verify Trekkers Inc's tax-exempt status using EIN 10537500 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
Trekkers Inc. demonstrates strong financial health and growth, with its latest reported revenue at $1,704,648 and assets at $1,791,637. The organization has consistently increased its assets over the past five years, from $104,535 in 2019 to $1,551,864 in 2023, indicating effective financial management and accumulation of resources. Program spending appears to be a significant focus, as evidenced by the substantial growth in net assets and the relatively lower liabilities compared to assets.
The organization's spending efficiency is commendable, with expenses generally well below revenue in recent years, leading to healthy surpluses. For example, in 2023, revenue was $1,367,451 against expenses of $975,366. This consistent surplus generation allows for reinvestment in programs and building reserves. The absence of reported officer compensation across all filings suggests a high degree of transparency and a commitment to directing funds towards the mission rather than executive salaries.
Overall, Trekkers Inc. exhibits a robust financial position, efficient use of funds, and a transparent approach to compensation. The consistent growth in assets and revenue, coupled with responsible expense management, paints a picture of a well-managed and financially stable nonprofit dedicated to its mission.