Quick charity verification for A Wol Dance Collective Inc (EIN: 203326373)
Verdict: A Wol Dance Collective Inc appears trustworthy
85/100Mission Score
$524KRevenue
$181KAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the latest fiscal period (202312), resulting in a deficit of approximately $54,000.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship.
Significant growth in assets from $43,478 in 2014 to $323,318 in 2023, demonstrating increasing financial capacity.
Generally stable revenue streams over the past decade, with most years showing revenues covering expenses.
Low liabilities relative to assets, indicating a healthy balance sheet.
Spending Breakdown
How A Wol Dance Collective Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 A Wol Dance Collective Inc
Is A Wol Dance Collective Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, A Wol Dance Collective Inc (EIN: 203326373) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is A Wol Dance Collective Inc a good charity to donate to?
A Wol Dance Collective Inc has a Mission Score of 85/100. Revenue: $524K. Assets: $181K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for A Wol Dance Collective Inc?
The Employer Identification Number (EIN) for A Wol Dance Collective Inc is 203326373. 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 A Wol Dance Collective Inc spend its money?
A Wol Dance Collective Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify A Wol Dance Collective Inc's tax-exempt status?
You can verify A Wol Dance Collective Inc's tax-exempt status using EIN 203326373 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
A Wol Dance Collective Inc demonstrates a generally stable financial position, with revenues consistently covering expenses in most years, though the latest filing (202312) shows expenses exceeding revenue by approximately $54,000 ($541,108 expenses vs. $487,157 revenue). The organization's assets have grown significantly over the past decade, from $43,478 in 2014 to $323,318 in 2023, indicating a healthy accumulation of resources. Liabilities have also seen an increase, reaching $105,543 in 2023, but remain manageable relative to assets. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards the mission rather than executive salaries, enhancing its transparency and public trust.
While specific program spending percentages are not provided in the raw data, the absence of officer compensation is a positive indicator of efficiency. The organization's revenue has fluctuated, peaking at $642,899 in 2022 and dipping to $387,362 in 2021, suggesting a need for consistent fundraising strategies. Overall, A Wol Dance Collective appears to be a financially sound organization with a good track record of managing its resources, though the recent deficit warrants attention.