Is American Harp Society Inc Legit? —…

Spending Breakdown

How American Harp Society 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

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 American Harp Society Inc

Is American Harp Society Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, American Harp Society Inc (EIN: 136131860) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is American Harp Society Inc a good charity to donate to?

American Harp Society Inc has a Mission Score of 75/100. Revenue: $390K. Assets: $654K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for American Harp Society Inc?

The Employer Identification Number (EIN) for American Harp Society Inc is 136131860. 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 American Harp Society Inc spend its money?

American Harp Society Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify American Harp Society Inc's tax-exempt status?

You can verify American Harp Society Inc's tax-exempt status using EIN 136131860 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 American Harp Society Inc. demonstrates a consistent commitment to its mission, as evidenced by its program spending. However, the organization has experienced a trend of operating deficits in recent years, with expenses exceeding revenue in 8 out of the last 10 reported periods. For instance, in 2023, expenses were $362,897 against revenues of $254,201, and in 2022, expenses were $405,296 against revenues of $234,507. This sustained deficit spending has led to a decline in assets from a high of $906,700 in 2021 to $652,479 in 2023, indicating a potential long-term sustainability concern if not addressed.

The organization's transparency is strong, particularly regarding executive compensation, which has consistently been reported as 0% for officers across all available filings. This suggests a volunteer-driven leadership model or compensation below reporting thresholds, which is a positive indicator for donor trust. The NTEE code A68C (Performing Arts, specifically Music) aligns well with the organization's name and implied mission.

While the organization maintains a healthy asset base relative to its annual revenue, the consistent draw-down on these assets due to operating deficits warrants attention. Donors should be aware of the financial trend, though the lack of officer compensation and clear mission focus are commendable. The organization's ability to reverse the trend of declining assets and achieve financial equilibrium will be key to its long-term health.

Is American Harp Society Inc Legit?

Verdict: American Harp Society Inc appears trustworthy

Red Flags

Strengths