Is Bentons Renaissance On Main Council Inc…

Quick charity verification for Bentons Renaissance On Main Council Inc (EIN: 204342672)

Strengths

Consistent positive net income across all reported periods ($56,017 revenue vs. $45,746 expenses in 2023; $64,337 revenue vs. $57,772 expenses in 2022).
Zero reported liabilities in all filings, indicating strong financial stability and responsible debt management.
0% officer compensation reported in both 2023 and 2022, suggesting a volunteer-driven leadership and efficient use of funds.
Growth in revenue from $56,017 in 2023 to $82,578 in the latest period.

Spending Breakdown

How Bentons Renaissance On Main Council 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 Bentons Renaissance On Main Council Inc

Is Bentons Renaissance On Main Council Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Bentons Renaissance On Main Council Inc (EIN: 204342672) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Bentons Renaissance On Main Council Inc a good charity to donate to?

Bentons Renaissance On Main Council Inc has a Mission Score of 85/100. Revenue: $83K. Assets: $31K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Bentons Renaissance On Main Council Inc?

The Employer Identification Number (EIN) for Bentons Renaissance On Main Council Inc is 204342672. 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 Bentons Renaissance On Main Council Inc spend its money?

Bentons Renaissance On Main Council Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Bentons Renaissance On Main Council Inc's tax-exempt status?

You can verify Bentons Renaissance On Main Council Inc's tax-exempt status using EIN 204342672 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

Bentons Renaissance On Main Council Inc demonstrates consistent, albeit modest, financial health. With total revenue of $82,578 and assets of $31,209 in its latest filing, the organization operates on a relatively small scale. The historical filings show a positive net income in both 2023 ($56,017 revenue vs. $45,746 expenses) and 2022 ($64,337 revenue vs. $57,772 expenses), indicating it is not operating at a deficit. The organization's liabilities have consistently been reported as $0, which is a strong indicator of financial stability and responsible management of obligations. The absence of officer compensation reported in both available filings suggests a volunteer-driven leadership, which can contribute to lower administrative costs and a higher percentage of funds directed towards programs. This also speaks to a high level of transparency regarding executive remuneration, as there is none to report.

Given the NTEE code S31 (Community Development Corporations), the organization's focus is likely on local community improvement. The consistent positive net income and zero liabilities suggest efficient management of its limited resources. While specific program spending details are not provided in the summary data, the lack of officer compensation implies a lean operational structure. The organization's financial data, particularly the consistent positive net income and zero liabilities, points to a well-managed and transparent operation for its size. The growth in revenue from $56,017 in 2023 to $82,578 in the latest period, alongside a decrease in assets from $47,049 to $31,209, warrants further investigation to understand the allocation of funds and asset management strategies.

Is Bentons Renaissance On Main Council Inc Legit?

Verdict: Bentons Renaissance On Main Council Inc appears trustworthy

Red Flags