Warrants Investigation
62,805
2+ independent L3 signals converge
Multi-Board Directors
240,463
Persons on 2+ charity boards
High Overhead
70,477
Overhead ratio > 50%
Non-Arms-Length
156,328
Directors not at arms length
Risk Distribution
across 2,142,300 entitiesCritical 10
High 62,805
Medium 104,921
Low 115,060
Clean 1,859,504
Key Findings
Unique to SAGE
Phantom Charities
10
High overhead + sole compensation recipient + routes money to other charities. Shell charity pattern.
Unique to SAGE
Money Pipelines
250
Receives from charities, gives to non-qualified recipients, sends money abroad.
Unique to SAGE
Parent-Subsidiary Self-Dealing
1
Parent funds subsidiary with shared directors and concentrated compensation.
Financially Suspect Governance
104,921
Shared directors between charities that fund each other AND high overhead ratio.
Low Integrity Governance
66,597
Governance overlap combined with mathematically impossible financial filings.
Circular Funding
1,501
Charities in circular gift-flow loops. Money routes A → B → C → A.
| Entity | BN | Type | Risk | Key Signals | Status |
|---|