Quick charity verification for Alabaster Arts Council Inc (EIN: 208847627)
Verdict: Alabaster Arts Council Inc appears trustworthy
80/100Mission Score
$604KRevenue
$47KAssets
2Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the latest filing (202312) by $23,972.
Significant increase in liabilities from $1,899 in 2022 to $150,900 in 2023, which could indicate new debt or obligations.
Strengths
Consistent revenue generation, typically around $500,000 annually.
0% officer compensation reported across all filings, indicating high administrative efficiency.
Quick financial recovery after the 2020 dip in revenue and expenses.
Long history of IRS 990 filings (13 filings), demonstrating transparency.
Spending Breakdown
How Alabaster Arts Council 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 Alabaster Arts Council Inc
Is Alabaster Arts Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alabaster Arts Council Inc (EIN: 208847627) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
Is Alabaster Arts Council Inc a good charity to donate to?
Alabaster Arts Council Inc has a Mission Score of 80/100. Revenue: $604K. Assets: $47K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Alabaster Arts Council Inc?
The Employer Identification Number (EIN) for Alabaster Arts Council Inc is 208847627. 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 Alabaster Arts Council Inc spend its money?
Alabaster Arts Council Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Alabaster Arts Council Inc's tax-exempt status?
You can verify Alabaster Arts Council Inc's tax-exempt status using EIN 208847627 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
The Alabaster Arts Council Inc. demonstrates a generally stable financial position with consistent revenue streams over the past several years, averaging around $500,000 annually. While the organization experienced a significant dip in revenue and expenses in 2020, it quickly rebounded to pre-pandemic levels. The most recent filing (202312) shows expenses slightly exceeding revenue ($552,261 vs. $528,289), resulting in a net loss for the period. However, the organization's assets have shown growth, particularly in 2023, reaching $176,186, though this is accompanied by a substantial increase in liabilities to $150,900, indicating potential short-term financial obligations or project financing. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-led or very lean administrative structure, which can be a positive indicator of efficiency.
Spending efficiency appears to be reasonable, given the relatively close alignment of revenues and expenses in most years. The lack of reported officer compensation is a strong positive for administrative efficiency. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The significant increase in liabilities in the latest period warrants further investigation to understand its nature and potential impact on future financial health.
Transparency is good in terms of filing history, with 13 filings available. The consistent reporting of 0% officer compensation enhances transparency regarding leadership costs. However, the absence of detailed expense breakdowns in the provided data limits a full assessment of how funds are allocated across programs, administration, and fundraising. A deeper dive into the full 990 forms would be necessary to fully evaluate spending efficiency and program impact.