Quick charity verification for 1 St Fridays Art Walk Of Fairfield Inc (EIN: 202001326)
Verdict: 1 St Fridays Art Walk Of Fairfield Inc shows mixed signals
65/100Mission Score
$0Revenue
$0Assets
2Red Flags
3Strengths
Red Flags
Latest filing shows $0 revenue and $0 assets, indicating potential dormancy or cessation of operations.
Expenses frequently exceeded revenue in historical filings (e.g., 2014, 2013, 2011), which could lead to financial instability over time.
Strengths
Consistent reporting of 0% officer compensation, indicating a volunteer-driven model and efficient use of funds.
Historically maintained low or zero liabilities, suggesting good financial management regarding debt.
Demonstrated ability to generate revenue and manage assets in prior active periods.
Spending Breakdown
How 1 St Fridays Art Walk Of Fairfield Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 1 St Fridays Art Walk Of Fairfield Inc
Is 1 St Fridays Art Walk Of Fairfield Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, 1 St Fridays Art Walk Of Fairfield Inc (EIN: 202001326) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is 1 St Fridays Art Walk Of Fairfield Inc a good charity to donate to?
1 St Fridays Art Walk Of Fairfield Inc has a Mission Score of 65/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for 1 St Fridays Art Walk Of Fairfield Inc?
The Employer Identification Number (EIN) for 1 St Fridays Art Walk Of Fairfield Inc is 202001326. 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 1 St Fridays Art Walk Of Fairfield Inc spend its money?
1 St Fridays Art Walk Of Fairfield Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify 1 St Fridays Art Walk Of Fairfield Inc's tax-exempt status?
You can verify 1 St Fridays Art Walk Of Fairfield Inc's tax-exempt status using EIN 202001326 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
1 St Fridays Art Walk Of Fairfield Inc appears to be a small, community-focused organization with a history of modest financial activity. The organization consistently reports zero officer compensation across all available filings, indicating a volunteer-driven leadership structure, which is a positive sign for donor confidence. However, the latest filing shows zero revenue and zero assets, suggesting a potential dormancy or significant reduction in operations since its last active period. While historical filings show consistent revenue generation and asset accumulation, the current financial status raises questions about its ongoing operational capacity and future viability. The organization's transparency is good in terms of compensation disclosure, but the lack of recent financial activity makes a current assessment challenging.
Historically, the organization's expenses have often exceeded its revenue, as seen in 2014 ($67,203 expenses vs. $60,352 revenue) and 2013 ($68,740 expenses vs. $64,883 revenue), which could indicate reliance on prior year surpluses or short-term deficits. The NTEE code A90 (Arts, Culture, and Humanities - Other) suggests a program-heavy mission, and without detailed expense breakdowns, it's difficult to fully assess spending efficiency. The consistent reporting of zero liabilities in most years is a positive indicator of financial stability, but the current zero revenue and assets are a significant concern for its operational health.