Is American String Teachers Association Incorporated Legit?
Quick charity verification for American String Teachers Association Incorporated (EIN: 10338688)
Verdict: American String Teachers Association Incorporated appears trustworthy
85/100Mission Score
$104KRevenue
$36KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $9,000 in 2010 to $37,989 in 2023.
Zero reported liabilities across all filings, indicating strong financial management.
No reported officer compensation, suggesting high efficiency and mission focus.
Revenue growth from $43,200 in 2010 to $92,381 in 2023, demonstrating increasing support.
Expenses generally track closely with revenue, indicating a lean and efficient operation.
Spending Breakdown
How American String Teachers Association Incorporated 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 American String Teachers Association Incorporated
Is American String Teachers Association Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, American String Teachers Association Incorporated (EIN: 10338688) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is American String Teachers Association Incorporated a good charity to donate to?
American String Teachers Association Incorporated has a Mission Score of 85/100. Revenue: $104K. Assets: $36K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for American String Teachers Association Incorporated?
The Employer Identification Number (EIN) for American String Teachers Association Incorporated is 10338688. 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 String Teachers Association Incorporated spend its money?
American String Teachers Association Incorporated allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify American String Teachers Association Incorporated's tax-exempt status?
You can verify American String Teachers Association Incorporated's tax-exempt status using EIN 10338688 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 String Teachers Association Incorporated appears to be a small, stable nonprofit with consistent revenue and asset growth over the past decade. With latest reported revenue of $103,793 and assets of $36,488, it operates on a modest scale. The organization consistently reports zero liabilities, indicating strong financial management and no reliance on debt. Its expenses generally track closely with revenue, suggesting a lean operation focused on direct program delivery. The absence of reported officer compensation further enhances its transparency and commitment to mission, as resources are not being diverted to executive salaries.
While specific program spending details are not provided in the summary data, the overall financial picture suggests a well-managed entity. The consistent growth in assets from $9,000 in 2010 to $37,989 in 2023, alongside generally positive net income years (e.g., $3,710 in 2023), demonstrates a capacity to build reserves. This financial prudence, combined with no reported officer compensation, points to an organization that prioritizes its mission and efficient use of funds. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency across programs, administration, and fundraising.