Is Antiquarian Booksellers Assoc Of America Inc Shop 2 Concourse Legit?
Quick charity verification for Antiquarian Booksellers Assoc Of America Inc Shop 2 Concourse (EIN: 131783842)
Verdict: Antiquarian Booksellers Assoc Of America Inc Shop 2 Concourse appears trustworthy
85/100Mission Score
$1.7MRevenue
$907KAssets
1Red Flags
4Strengths
Red Flags
Frequent operational deficits (expenses exceeding revenue), as seen in 2023, 2022, 2018, 2017, 2016, and 2015.
Strengths
Strong and growing asset base, reaching over $1.2 million in recent years.
Consistent reporting of 0% officer compensation, indicating high transparency and potentially volunteer leadership.
Consistent filing of IRS Form 990s over many years, demonstrating regulatory compliance.
Manageable liabilities relative to assets.
Spending Breakdown
How Antiquarian Booksellers Assoc Of America Inc Shop 2 Concourse 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 Antiquarian Booksellers Assoc Of America Inc Shop 2 Concourse
Is Antiquarian Booksellers Assoc Of America Inc Shop 2 Concourse a legitimate charity?
Based on AI analysis of IRS 990 filings, Antiquarian Booksellers Assoc Of America Inc Shop 2 Concourse (EIN: 131783842) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Antiquarian Booksellers Assoc Of America Inc Shop 2 Concourse a good charity to donate to?
Antiquarian Booksellers Assoc Of America Inc Shop 2 Concourse has a Mission Score of 85/100. Revenue: $1.7M. Assets: $907K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Antiquarian Booksellers Assoc Of America Inc Shop 2 Concourse?
The Employer Identification Number (EIN) for Antiquarian Booksellers Assoc Of America Inc Shop 2 Concourse is 131783842. 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 Antiquarian Booksellers Assoc Of America Inc Shop 2 Concourse spend its money?
Antiquarian Booksellers Assoc Of America Inc Shop 2 Concourse allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Antiquarian Booksellers Assoc Of America Inc Shop 2 Concourse's tax-exempt status?
You can verify Antiquarian Booksellers Assoc Of America Inc Shop 2 Concourse's tax-exempt status using EIN 131783842 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 Antiquarian Booksellers Assoc Of America Inc Shop 2 Concourse demonstrates consistent financial activity, with revenues and expenses generally in the range of $550,000 to $850,000 over the past decade. The organization has maintained a healthy asset base, consistently above $700,000 and reaching over $1.2 million in recent years, indicating financial stability. However, the organization has frequently operated with expenses exceeding revenue, as seen in 2023 ($840,274 expenses vs. $802,638 revenue) and 2022 ($753,581 expenses vs. $714,035 revenue), which could lead to a gradual depletion of reserves if not managed. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay and potentially a volunteer-driven leadership structure, which is a positive indicator for donor confidence.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent operational deficits in several years suggest that the organization's spending may be slightly outpacing its income generation. The NTEE code A33C (Book Dealers & Collectors' Organizations) implies a focus on a specific cultural or educational program, and the lack of reported officer compensation is a strong point for efficiency. The organization's liabilities have fluctuated but remained manageable relative to its assets, with the highest recent liability of $326,240 in 2022 against $1,230,467 in assets.
Overall, the organization appears financially stable with a solid asset base and excellent transparency regarding executive compensation. The primary area for improvement would be to ensure that expenses do not consistently exceed revenues to maintain long-term financial health. The consistent filing of IRS Form 990s over many years also indicates a commitment to regulatory compliance and transparency.