Search For Change Inc
Search For Change Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 132893548 · Valhalla, NY · NTEE: P73Z · Updated: 2026-03-28
Is Search For Change Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Search For Change Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Search For Change Inc
Search For Change Inc (EIN: 132893548) is a nonprofit organization based in Valhalla, NY, classified under NTEE code P73Z. The organization reported total revenue of $13.5M and total assets of $20.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Search For Change Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Search For Change Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Search For Change Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size (latest revenue $13.5 million) and suggests either a volunteer executive leadership or compensation structured in a way not captured under 'officer compensation' on the 990 summary.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Search For Change Inc's IRS 990 filings:
- Unclear executive compensation structure (0% reported officer comp may hide other forms of compensation or indicate a fully volunteer executive team, which is rare for this size of organization and warrants further inquiry).
Strengths
The following positive indicators were identified for Search For Change Inc:
- Consistent revenue growth, increasing from $8.6M in 2014 to $11.4M in 2023.
- Healthy asset growth, from $4.5M in 2014 to $14.9M in 2023, indicating strong financial management.
- Consistent operating surpluses, with revenues exceeding expenses in most reported periods (e.g., $11.4M revenue vs $11.2M expenses in 2023).
- Reported 0% officer compensation across all filings, suggesting high efficiency in leadership costs or volunteer leadership.
Frequently Asked Questions about Search For Change Inc
Is Search For Change Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Search For Change Inc (EIN: 132893548) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Search For Change Inc spend its money?
Search For Change Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Search For Change Inc tax-deductible?
Search For Change Inc is registered as a tax-exempt nonprofit (EIN: 132893548). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Search For Change Inc a good charity?
Based on the provided financial data, Search For Change Inc appears to be a financially healthy and efficient charity. It demonstrates consistent revenue growth, maintains a surplus, and has significantly grown its assets over the past decade. The reported 0% officer compensation is a notable positive, suggesting a strong dedication to program spending.
How has Search For Change Inc's financial health changed over time?
Search For Change Inc has shown significant financial improvement over the past decade. Its revenue has grown from $8.6 million in 2014 to $11.4 million in 2023, and its assets have increased from $4.5 million to nearly $15 million in the same period, indicating robust growth and financial stability.
What is the significance of 0% officer compensation?
The 0% officer compensation reported across all filings is highly significant. It suggests that the organization's top leadership may be unpaid volunteers, or their compensation is categorized differently on the 990, which would free up a substantial portion of funds for program delivery. This is a strong indicator of mission-driven efficiency.
Filing History
IRS 990 filing history for Search For Change Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Search For Change Inc's revenue has grown by 38.4%, moving from $8.2M to $11.4M. Total assets increased by 277.6% over the same period, from $4.0M to $15.0M. Total functional expenses rose by 37%, from $8.2M to $11.3M. In its most recent filing year (2023), Search For Change Inc reported a surplus of $134K, with revenue exceeding expenses. The organization holds $9.6M in liabilities against $15.0M in assets (debt-to-asset ratio: 64.4%), resulting in net assets of $5.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $11.4M | $11.3M | $15.0M | $9.6M | — | — |
| 2022 | $10.2M | $9.9M | $13.1M | $8.0M | — | — |
| 2021 | $10.9M | $9.9M | $8.9M | $4.2M | — | View 990 |
| 2020 | $9.1M | $9.1M | $7.8M | $4.1M | — | — |
| 2019 | $9.7M | $9.1M | $5.8M | $2.1M | — | View 990 |
| 2018 | $9.4M | $9.0M | $5.7M | $2.6M | — | View 990 |
| 2017 | $8.8M | $8.6M | $5.2M | $2.5M | — | — |
| 2016 | $8.9M | $8.4M | $5.1M | $2.6M | — | View 990 |
| 2015 | $8.8M | $8.5M | $4.6M | $2.7M | — | View 990 |
| 2014 | $8.6M | $8.4M | $4.6M | $2.9M | — | View 990 |
| 2013 | $8.4M | $8.3M | $4.3M | $2.8M | — | View 990 |
| 2012 | $8.5M | $8.4M | $4.4M | $2.9M | — | View 990 |
| 2011 | $8.2M | $8.2M | $4.0M | $2.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.4M, expenses of $11.3M, and assets of $15.0M (revenue +11.5% year-over-year).
- 2022: Revenue of $10.2M, expenses of $9.9M, and assets of $13.1M (revenue -6.1% year-over-year).
- 2021: Revenue of $10.9M, expenses of $9.9M, and assets of $8.9M (revenue +19.8% year-over-year).
- 2020: Revenue of $9.1M, expenses of $9.1M, and assets of $7.8M (revenue -6.2% year-over-year).
- 2019: Revenue of $9.7M, expenses of $9.1M, and assets of $5.8M (revenue +3.1% year-over-year).
- 2018: Revenue of $9.4M, expenses of $9.0M, and assets of $5.7M (revenue +7.5% year-over-year).
- 2017: Revenue of $8.8M, expenses of $8.6M, and assets of $5.2M (revenue -1.9% year-over-year).
- 2016: Revenue of $8.9M, expenses of $8.4M, and assets of $5.1M (revenue +2.0% year-over-year).
- 2015: Revenue of $8.8M, expenses of $8.5M, and assets of $4.6M (revenue +1.7% year-over-year).
- 2014: Revenue of $8.6M, expenses of $8.4M, and assets of $4.6M (revenue +2.8% year-over-year).
- 2013: Revenue of $8.4M, expenses of $8.3M, and assets of $4.3M (revenue -1.8% year-over-year).
- 2012: Revenue of $8.5M, expenses of $8.4M, and assets of $4.4M (revenue +3.4% year-over-year).
- 2011: Revenue of $8.2M, expenses of $8.2M, and assets of $4.0M.
Data Sources and Methodology
This transparency report for Search For Change Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.