Quick charity verification for Art Trek Inc (EIN: 205130203)
Verdict: Art Trek Inc appears trustworthy
95/100Mission Score
$10.0MRevenue
$7.9MAssets
2Red Flags
5Strengths
Red Flags
Unusually low liabilities relative to assets in some periods, potentially indicating conservative financial reporting or unique operational structure.
Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided summary data, making it difficult to precisely assess spending efficiency beyond officer compensation.
Strengths
Consistent 0% officer compensation across all filings, indicating strong financial stewardship and dedication to mission.
Significant and consistent revenue growth, particularly in recent years (e.g., from $2.5M to $5.6M between 2022 and 2023).
Healthy asset growth, from $157,328 in 201806 to $4,562,653 in 202306, demonstrating financial stability.
Positive net income in most recent periods, indicating sustainable operations.
Low liabilities relative to assets, suggesting a strong balance sheet.
Spending Breakdown
How Art Trek Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Art Trek Inc
Is Art Trek Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Art Trek Inc (EIN: 205130203) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
Is Art Trek Inc a good charity to donate to?
Art Trek Inc has a Mission Score of 95/100. Revenue: $10.0M. Assets: $7.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Art Trek Inc?
The Employer Identification Number (EIN) for Art Trek Inc is 205130203. 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 Art Trek Inc spend its money?
Art Trek Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Art Trek Inc's tax-exempt status?
You can verify Art Trek Inc's tax-exempt status using EIN 205130203 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
Art Trek Inc demonstrates a strong financial position with significant growth in recent years. Their latest reported revenue of $10,010,161 and assets of $7,945,976 indicate a substantial increase from previous periods, particularly the jump from $2,495,958 in revenue in 202206 to $5,589,118 in 202306. The organization consistently reports 0% officer compensation across all available filings, which is a notable indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. This practice enhances their transparency and public trust.
Spending efficiency appears high, as evidenced by the consistent reporting of no officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the raw data, the absence of executive salaries suggests a lean operational structure. The organization's assets have also grown considerably, from $157,328 in 201806 to $4,562,653 in 202306, indicating effective asset management and financial stability. The consistent positive net income (revenue exceeding expenses) in most recent years further supports their financial health.
Overall, Art Trek Inc appears to be a financially healthy and efficiently managed nonprofit. The lack of officer compensation is a significant positive for transparency and program focus. To further enhance transparency, a more detailed breakdown of their functional expenses (program, admin, fundraising) would be beneficial, though the current data suggests a strong commitment to their mission.