Quick charity verification for Truman National Security Project Inc (EIN: 201597444)
Verdict: Truman National Security Project Inc shows mixed signals
65/100Mission Score
$213KRevenue
$57KAssets
3Red Flags
2Strengths
Red Flags
Significant revenue volatility and recent sharp decline in revenue to $213,299.
Substantial increase in liabilities in 2022 ($584,594) relative to assets and previous years.
Inconsistent financial performance with periods of significant deficits (e.g., 2022 expenses $703,387 vs. revenue $455,871).
Strengths
Consistent reporting of 0% officer compensation, indicating low executive overhead.
History of generating substantial revenue in several periods (e.g., $969,591 in 2015, $791,757 in 2021).
Spending Breakdown
How Truman National Security Project Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
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 Truman National Security Project Inc
Is Truman National Security Project Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Truman National Security Project Inc (EIN: 201597444) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Truman National Security Project Inc a good charity to donate to?
Truman National Security Project Inc has a Mission Score of 65/100. Revenue: $213K. Assets: $57K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Truman National Security Project Inc?
The Employer Identification Number (EIN) for Truman National Security Project Inc is 201597444. 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 Truman National Security Project Inc spend its money?
Truman National Security Project Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Truman National Security Project Inc's tax-exempt status?
You can verify Truman National Security Project Inc's tax-exempt status using EIN 201597444 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
Truman National Security Project Inc has demonstrated inconsistent financial health over the past decade. While some years show strong revenue exceeding expenses (e.g., 2021 with $791,757 revenue against $397,022 expenses), other periods, particularly 2022, indicate significant deficits where expenses ($703,387) substantially outpaced revenue ($455,871). This volatility suggests potential challenges in consistent funding or expense management. The organization's assets have fluctuated significantly, from a low of $52,611 in 2015 to a high of $1,191,069 in 2022, indicating periods of growth followed by substantial asset utilization or decline. The latest reported revenue of $213,299 is considerably lower than previous years, raising concerns about its current operational scale and financial stability.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing executive overhead, which is a positive indicator for donor confidence. The organization's liabilities have also varied, peaking at $584,594 in 2022, which is a substantial amount relative to its assets in that period, indicating a reliance on borrowed funds or deferred payments. The lack of reported officer compensation also implies that key leadership may be compensated through other means or are volunteers, which could be a form of efficiency.
Transparency appears to be adequate given the consistent filing of IRS Form 990s. However, the absence of specific program spending ratios in the provided data limits a deeper analysis of how effectively funds are being directed towards its mission. The significant swings in revenue and expenses, coupled with fluctuating asset and liability levels, warrant closer scrutiny for potential donors to understand the underlying causes and the organization's long-term financial strategy. The latest revenue figure being significantly lower than historical averages is a key point of concern.