Quick charity verification for Bang On A Can Inc (EIN: 133392963)
Verdict: Bang On A Can Inc appears trustworthy
88/100Mission Score
$3.3MRevenue
$1.1MAssets
1Red Flags
5Strengths
Red Flags
Expenses ($3,811,351) exceeded revenue ($3,572,707) in the latest 202308 fiscal period, resulting in a deficit.
Strengths
Consistent reporting of 0% officer compensation across all 13 available filings, indicating strong financial stewardship.
Healthy asset base, growing from $757,413 in 201408 to $1,215,981 in 202308.
Low liabilities relative to assets, with liabilities at $151,288 against assets of $1,215,981 in 202308.
Long history of public IRS 990 filings (13 filings), demonstrating strong transparency.
Significant revenue growth over the past decade, from $1.7M to over $3.5M.
Spending Breakdown
How Bang On A Can 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
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 Bang On A Can Inc
Is Bang On A Can Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bang On A Can Inc (EIN: 133392963) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
Is Bang On A Can Inc a good charity to donate to?
Bang On A Can Inc has a Mission Score of 88/100. Revenue: $3.3M. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bang On A Can Inc?
The Employer Identification Number (EIN) for Bang On A Can Inc is 133392963. 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 Bang On A Can Inc spend its money?
Bang On A Can Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bang On A Can Inc's tax-exempt status?
You can verify Bang On A Can Inc's tax-exempt status using EIN 133392963 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
Bang On A Can Inc demonstrates generally sound financial health, though recent trends show expenses slightly outpacing revenue. In the 202308 period, the organization reported expenses of $3,811,351 against revenues of $3,572,707, resulting in a deficit. This follows a surplus in 202208 where revenue was $3,334,270 and expenses were $3,140,896. The organization's assets have shown growth over the past decade, from $757,413 in 201408 to $1,215,981 in 202308, indicating a stable asset base. Liabilities remain relatively low compared to assets, suggesting good financial management and limited reliance on debt.
Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that the organization's leadership is either unpaid or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence. While specific program, administrative, and fundraising spending ratios are not provided in the raw data, the absence of officer compensation suggests a focus on directing funds towards the mission. The organization's revenue has fluctuated but generally trended upwards over the past decade, reflecting sustained support.
Transparency is high regarding executive compensation, with the consistent 0% reported for officer compensation. The availability of 13 years of IRS 990 filings further enhances transparency, allowing for a comprehensive review of financial trends and operational changes. The organization's ability to maintain a healthy asset base while managing fluctuating revenues and expenses points to a well-managed operation, although the recent deficit warrants monitoring.