Is Atlanta Printmakers Studio Inc Legit?

Quick charity verification for Atlanta Printmakers Studio Inc (EIN: 204429875)

Verdict: Atlanta Printmakers Studio Inc appears trustworthy

75/100Mission Score

$165KRevenue

$77KAssets

2Red Flags

4Strengths

Red Flags

Liabilities consistently exceed assets in recent years (e.g., 202306: Assets $58,447, Liabilities $72,931), indicating potential solvency concerns.
Operating deficits in multiple prior years (e.g., 202206: Expenses $102,398 vs. Revenue $84,645), though the latest year shows a surplus.

Strengths

Consistent 0% officer compensation, indicating strong volunteer support and efficient use of funds.
Positive operating margin in the latest filing (202306: Revenue $139,001, Expenses $125,802), showing improved financial performance.
Consistent IRS 990 filing history, demonstrating transparency.
Growth in assets from $9,377 in 201906 to $58,447 in 202306, indicating some financial accumulation.

Spending Breakdown

How Atlanta Printmakers Studio Inc 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 Atlanta Printmakers Studio Inc

Is Atlanta Printmakers Studio Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Atlanta Printmakers Studio Inc (EIN: 204429875) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Atlanta Printmakers Studio Inc a good charity to donate to?

Atlanta Printmakers Studio Inc has a Mission Score of 75/100. Revenue: $165K. Assets: $77K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Atlanta Printmakers Studio Inc?

The Employer Identification Number (EIN) for Atlanta Printmakers Studio Inc is 204429875. 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 Atlanta Printmakers Studio Inc spend its money?

Atlanta Printmakers Studio Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Atlanta Printmakers Studio Inc's tax-exempt status?

You can verify Atlanta Printmakers Studio Inc's tax-exempt status using EIN 204429875 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

Atlanta Printmakers Studio Inc demonstrates a fluctuating but generally stable financial position for a small arts organization. In the latest filing (202306), the organization reported revenue of $139,001 against expenses of $125,802, indicating a positive operating margin. While assets have grown to $58,447, liabilities remain significant at $72,931, suggesting a reliance on debt or deferred revenue. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds for program delivery rather than executive salaries. However, the consistent reporting of liabilities exceeding assets in recent years (e.g., 202306: Assets $58,447 vs. Liabilities $72,931) warrants closer examination to understand the nature of these liabilities and their long-term sustainability.

Spending efficiency appears to be a strength, particularly given the absence of executive compensation. Without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise efficiency ratio cannot be calculated. However, the overall trend of expenses being closely aligned with revenue, and often slightly exceeding it in prior years (e.g., 202206: Revenue $84,645, Expenses $102,398), suggests that most funds are directly utilized for operations. The organization's transparency is good in terms of filing its IRS 990s consistently, and the zero officer compensation is a clear and positive disclosure.

Overall, Atlanta Printmakers Studio Inc appears to be a lean operation focused on its mission, with a strong volunteer component. The primary area for potential concern is the persistent level of liabilities relative to assets, which could impact long-term financial resilience if not managed effectively. The recent positive operating margin in 202306 is a good sign, but continued monitoring of the balance sheet is advisable.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.