Is Wade Institute For Science Education Inc Legit?
Quick charity verification for Wade Institute For Science Education Inc (EIN: 223184415)
Verdict: Wade Institute For Science Education Inc appears trustworthy
87/100Mission Score
$1.1MRevenue
$643KAssets
3Red Flags
1Strengths
Red Flags
No charitable expenses reported, indicating a strong focus on core mission activities.
Consistent spending on programs over the past five years, suggesting a stable and focused approach.
No significant changes in executive compensation, which is a positive sign of financial prudence.
Strengths
Strong mission focus with 55% of spending on programs, indicating a commitment to core activities.
Spending Breakdown
How Wade Institute For Science Education Inc allocates its funds across programs, administration, and fundraising.
55%
Program Spending
Below average — room for improvement
18%
Admin Costs
Reasonable — admin costs in check
27%
Fundraising
Above average fundraising costs
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 Wade Institute For Science Education Inc
Is Wade Institute For Science Education Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wade Institute For Science Education Inc (EIN: 223184415) appears trustworthy. Mission Score: 87/100. 3 red flags identified, 1 strength noted.
Is Wade Institute For Science Education Inc a good charity to donate to?
Wade Institute For Science Education Inc has a Mission Score of 87/100. Revenue: $1.1M. Assets: $643K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wade Institute For Science Education Inc?
The Employer Identification Number (EIN) for Wade Institute For Science Education Inc is 223184415. 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 Wade Institute For Science Education Inc spend its money?
Wade Institute For Science Education Inc allocates 55% to programs, 18% to administration, and 27% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wade Institute For Science Education Inc's tax-exempt status?
You can verify Wade Institute For Science Education Inc's tax-exempt status using EIN 223184415 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
Wade Institute For Science Education Inc is a education nonprofit based in Manomet, Massachusetts, with reported revenue of $1.1M and assets of $643K. Our AI analysis assigns a Mission Score of 87/100 (Excellent). Approximately 55% of spending goes to programs, 18% to administration, and 27% to fundraising. 1. Detailed breakdown of spending shows 55% on programs, 18% on administration, and 27% on fundraising. 2. No charitable expenses reported, indicating a focus on core mission activities. 3. Consistent spending on programs over the past five years, with slight increases in administration and fundraising. Executive compensation remains stable, with no significant changes over the past five years. Revenue has grown +71% across 14 filing periods.