Is Blistersmith Inc Legit?

Quick charity verification for Blistersmith Inc (EIN: 205841757)

Verdict: Blistersmith Inc appears trustworthy

70/100Mission Score
$6KRevenue
$76KAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Blistersmith 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 Blistersmith Inc

Is Blistersmith Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Blistersmith Inc (EIN: 205841757) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.

Is Blistersmith Inc a good charity to donate to?

Blistersmith Inc has a Mission Score of 70/100. Revenue: $6K. Assets: $76K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Blistersmith Inc?

The Employer Identification Number (EIN) for Blistersmith Inc is 205841757. 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 Blistersmith Inc spend its money?

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

How can I verify Blistersmith Inc's tax-exempt status?

You can verify Blistersmith Inc's tax-exempt status using EIN 205841757 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

Blistersmith Inc. operates on a very small scale, with recent annual revenues fluctuating significantly, from a high of $44,396 in 2014 to a low of $5,801 in 2016, and most recently $6,773 in 2023. The organization consistently reports zero liabilities and zero officer compensation across all available filings, indicating a lean operational structure and a lack of executive pay, which is a positive sign for donor confidence. However, the organization has frequently operated at a deficit, with expenses exceeding revenue in 8 out of the last 10 reported periods, including the most recent period where expenses were $6,850 against revenues of $6,773. This consistent spending beyond income, while not leading to liabilities, suggests reliance on prior year reserves or inconsistent funding. Despite the operational deficits, Blistersmith Inc. maintains a healthy asset base relative to its revenue, with assets of $89,071 in 2023. The absence of officer compensation enhances transparency and suggests that resources are not being diverted to high executive salaries. The consistent filing of IRS Form 990 demonstrates a commitment to regulatory compliance and financial transparency, allowing for public scrutiny of its financial activities. The primary concern remains the recurring operational deficits, which, if sustained, could impact long-term financial stability, even with current asset levels.

View Full Transparency Report →

Disclaimer

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

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