Quick charity verification for Artsbridge Foundation Inc (EIN: 201638556)
Verdict: Artsbridge Foundation Inc shows mixed signals
65/100Mission Score
$771KRevenue
$188KAssets
4Red Flags
3Strengths
Red Flags
Significant and consistent deficit spending in multiple years (e.g., 202309, 202209, 202009, 201809).
Dramatic decline in assets from over $5 million to $188,107 over several years.
Extremely high expenses in 201809 ($6,061,752) relative to revenue ($738,797) without clear explanation in the provided data.
Unusually high liabilities in earlier years (e.g., $1,359,839 in 201809) relative to assets at the time.
Strengths
Consistent reporting of 0% officer compensation, indicating transparency in this specific area.
Significant reduction in liabilities from over $1 million to $97,520, improving its debt position.
Periods of strong revenue generation, such as $1,604,781 in 202109.
Spending Breakdown
How Artsbridge Foundation Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Artsbridge Foundation Inc
Is Artsbridge Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Artsbridge Foundation Inc (EIN: 201638556) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
Is Artsbridge Foundation Inc a good charity to donate to?
Artsbridge Foundation Inc has a Mission Score of 65/100. Revenue: $771K. Assets: $188K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Artsbridge Foundation Inc?
The Employer Identification Number (EIN) for Artsbridge Foundation Inc is 201638556. 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 Artsbridge Foundation Inc spend its money?
Artsbridge Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Artsbridge Foundation Inc's tax-exempt status?
You can verify Artsbridge Foundation Inc's tax-exempt status using EIN 201638556 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
Artsbridge Foundation Inc. demonstrates a fluctuating financial performance over the past several years. While the organization reported $770,941 in latest revenue, its expenses have often exceeded revenue, as seen in 202309 where expenses were $800,403 against $632,738 in revenue, and significantly in 201809 with $6,061,752 in expenses against $738,797 in revenue. This indicates periods of substantial deficit spending. The organization's assets have also shown considerable volatility, dropping from a high of $5,907,612 in 201509 to $188,107 currently, and liabilities have decreased from over $1 million in earlier years to $97,520 in 202309, which is a positive trend in debt reduction. The consistent reporting of 0% officer compensation across all filings suggests good transparency regarding executive pay, as it indicates either no paid officers or that compensation is not reported in this category, which would warrant further investigation for clarity.