Is Arts In Reach Encouraging Growth Through…

Quick charity verification for Arts In Reach Encouraging Growth Through The Arts (EIN: 20507428)

Strengths

Consistent and strong revenue growth, from $168,354 in 2015 to $458,068 in 2024.
Substantial asset growth, from $70,107 in 2015 to $966,143 in 2024, indicating financial stability and capacity.
High program spending efficiency, with expenses closely aligned with revenue and no reported officer compensation.
Positive net assets and consistent operational surpluses in most years, demonstrating sound financial management.
Long history of consistent IRS 990 filings, indicating good transparency.

Spending Breakdown

How Arts In Reach Encouraging Growth Through The Arts allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

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 Arts In Reach Encouraging Growth Through The Arts

Is Arts In Reach Encouraging Growth Through The Arts a legitimate charity?

Based on AI analysis of IRS 990 filings, Arts In Reach Encouraging Growth Through The Arts (EIN: 20507428) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.

Is Arts In Reach Encouraging Growth Through The Arts a good charity to donate to?

Arts In Reach Encouraging Growth Through The Arts has a Mission Score of 90/100. Revenue: $328K. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Arts In Reach Encouraging Growth Through The Arts?

The Employer Identification Number (EIN) for Arts In Reach Encouraging Growth Through The Arts is 20507428. 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 Arts In Reach Encouraging Growth Through The Arts spend its money?

Arts In Reach Encouraging Growth Through The Arts allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Arts In Reach Encouraging Growth Through The Arts's tax-exempt status?

You can verify Arts In Reach Encouraging Growth Through The Arts's tax-exempt status using EIN 20507428 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

Arts In Reach Encouraging Growth Through The Arts demonstrates a strong and consistent growth trajectory in its financial health over the past decade. The organization has seen its revenue steadily increase from $168,354 in 2015 to $458,068 in 2024, alongside a significant accumulation of assets, growing from $70,107 to $966,143 in the same period. This indicates effective fundraising and asset management. The organization consistently spends a high proportion of its expenses on program services, as evidenced by the efficient spending ratios. The absence of officer compensation reported across all filings suggests a volunteer-led or very lean executive structure, which can contribute to lower administrative costs and higher program efficiency.

Spending efficiency appears to be a core strength, with expenses generally tracking closely with revenue, indicating responsible financial management without excessive accumulation of unspent funds or significant deficits. For instance, in 2024, expenses were $444,531 against revenues of $458,068, showing a tight operational budget. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, providing a clear historical record of its financial activities. The lack of reported officer compensation also enhances its transparency profile, suggesting that resources are primarily directed towards its mission rather than executive salaries.

While the organization has shown remarkable growth in assets, particularly the jump from $555,842 in 2023 to $966,143 in 2024, it's important to note the corresponding increase in liabilities from $28,350 to $412,986 in the same period. This significant increase in liabilities warrants closer examination to understand its nature and potential impact on long-term financial stability, although the overall asset growth still positions the organization strongly.

Is Arts In Reach Encouraging Growth Through The Arts Legit?

Verdict: Arts In Reach Encouraging Growth Through The Arts appears trustworthy

Red Flags