Quick charity verification for Art With A Heart Inc (EIN: 20570317)
Verdict: Art With A Heart Inc appears trustworthy
75/100Mission Score
$355KRevenue
$74KAssets
3Red Flags
3Strengths
Red Flags
Significant decline in assets from $204,262 in 201505 to $74,344 in 201908.
Periods of substantial net losses, particularly $90,000 in 201808 and $33,246 in 201708, indicating potential financial instability.
Unusually consistent 0% officer compensation for an organization of this size, which might obscure how leadership is truly compensated or sustained.
Strengths
Consistent filing of IRS 990s over 10 periods, indicating good transparency practices.
Recent positive net income of approximately $10,000 in 201908, showing a recovery from previous deficits.
No reported officer compensation, suggesting a strong commitment to minimizing executive overhead and potentially maximizing funds for programs.
Spending Breakdown
How Art With A Heart 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
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 With A Heart Inc
Is Art With A Heart Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Art With A Heart Inc (EIN: 20570317) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Art With A Heart Inc a good charity to donate to?
Art With A Heart Inc has a Mission Score of 75/100. Revenue: $355K. Assets: $74K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Art With A Heart Inc?
The Employer Identification Number (EIN) for Art With A Heart Inc is 20570317. 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 With A Heart Inc spend its money?
Art With A Heart Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Art With A Heart Inc's tax-exempt status?
You can verify Art With A Heart Inc's tax-exempt status using EIN 20570317 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 With A Heart Inc. demonstrates a consistent operational history with fluctuating but generally stable revenue streams over the past decade. The organization's financial health shows some variability, with periods of net losses, such as in 201808 where expenses exceeded revenue by over $90,000, and 201708 with a $33,246 deficit. However, the most recent filing (201908) indicates a positive net income of approximately $10,000, suggesting a return to more sustainable operations. The organization's assets have seen a decline from a high of $204,262 in 201505 to $74,344 in 201908, which warrants attention.
Spending efficiency appears to be a strength, as the organization consistently reports 0% officer compensation, indicating that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can free up funds for programmatic activities. Without a detailed breakdown of expenses into program, administrative, and fundraising categories from the provided data, a precise assessment of spending efficiency is challenging. However, the absence of officer compensation suggests a commitment to minimizing overhead in that specific area.
Transparency is generally good given the availability of 10 years of IRS 990 filings. The consistent reporting and the clear indication of no officer compensation contribute positively to its transparency profile. Further insights into the allocation of expenses would enhance the understanding of its financial practices and overall transparency.