Is Birmingham Hide And Tallow Charitable Foundation Inc Legit?
Quick charity verification for Birmingham Hide And Tallow Charitable Foundation Inc (EIN: 202077546)
Verdict: Birmingham Hide And Tallow Charitable Foundation Inc appears trustworthy
70/100Mission Score
$67KRevenue
$45KAssets
2Red Flags
2Strengths
Red Flags
Inconsistent revenue and expense patterns, with expenses exceeding revenue in multiple periods (e.g., 2013 and 2014).
Significant volatility in asset levels over the filing history, indicating potential financial unpredictability.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds in leadership salaries.
Maintains a low liability profile, with liabilities reported as $0 or $1 in all filings.
Spending Breakdown
How Birmingham Hide And Tallow Charitable Foundation 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 Birmingham Hide And Tallow Charitable Foundation Inc
Is Birmingham Hide And Tallow Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Birmingham Hide And Tallow Charitable Foundation Inc (EIN: 202077546) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 2 strengths noted.
Is Birmingham Hide And Tallow Charitable Foundation Inc a good charity to donate to?
Birmingham Hide And Tallow Charitable Foundation Inc has a Mission Score of 70/100. Revenue: $67K. Assets: $45K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Birmingham Hide And Tallow Charitable Foundation Inc?
The Employer Identification Number (EIN) for Birmingham Hide And Tallow Charitable Foundation Inc is 202077546. 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 Birmingham Hide And Tallow Charitable Foundation Inc spend its money?
Birmingham Hide And Tallow Charitable Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Birmingham Hide And Tallow Charitable Foundation Inc's tax-exempt status?
You can verify Birmingham Hide And Tallow Charitable Foundation Inc's tax-exempt status using EIN 202077546 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
The Birmingham Hide And Tallow Charitable Foundation Inc. exhibits inconsistent financial performance over the past four years, with revenues fluctuating significantly from a low of $25,000 in 2013 to a high of $265,000 in 2012. Expenses have also varied, sometimes exceeding revenue, as seen in 2014 where expenses were $225,866 against $182,000 in revenue, and in 2013 where expenses were $164,464 against $25,000 in revenue. This suggests potential challenges in maintaining a stable financial position. The organization's assets have also seen considerable fluctuation, from a high of $192,059 in 2012 to a low of $8,729 in 2014, before recovering to $44,780 in the latest period. The consistent reporting of 0% officer compensation across all filings indicates good transparency regarding executive pay and a focus on minimizing administrative overhead in this area.
Given the NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations), the organization's primary function is likely grantmaking. Without detailed expense breakdowns beyond total expenses, it's difficult to precisely assess spending efficiency in terms of program delivery versus administrative costs. However, the absence of officer compensation is a positive indicator for administrative efficiency. The significant swings in revenue and expenses, coupled with asset volatility, suggest that the foundation may rely on irregular large contributions or face unpredictable grant cycles, which could impact its long-term financial stability and ability to consistently fulfill its mission. The latest revenue of $67,000 with assets of $44,780 indicates a relatively small operational scale.