Quick charity verification for Boston Art Review Inc (EIN: 204195783)
Verdict: Boston Art Review Inc appears trustworthy
92/100Mission Score
$369KRevenue
$143KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong revenue growth, particularly from $100,790 in 2022 to $238,489 in 2023.
Consistent 0% officer compensation across all filings, indicating efficient use of funds.
Healthy asset growth, from $59,773 in 2022 to $146,175 in 2023.
Positive net income in recent years, with revenue exceeding expenses ($238,489 revenue vs. $150,209 expenses in 2023).
Consistent IRS 990 filing history demonstrating transparency and compliance.
Spending Breakdown
How Boston Art Review Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Boston Art Review Inc
Is Boston Art Review Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Boston Art Review Inc (EIN: 204195783) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Boston Art Review Inc a good charity to donate to?
Boston Art Review Inc has a Mission Score of 92/100. Revenue: $369K. Assets: $143K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Boston Art Review Inc?
The Employer Identification Number (EIN) for Boston Art Review Inc is 204195783. 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 Boston Art Review Inc spend its money?
Boston Art Review Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Boston Art Review Inc's tax-exempt status?
You can verify Boston Art Review Inc's tax-exempt status using EIN 204195783 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
Boston Art Review Inc. demonstrates a positive trend in financial growth and efficiency, particularly in its most recent filing. In 2023, the organization reported revenues of $238,489 against expenses of $150,209, indicating a healthy surplus. This follows a significant increase from 2022, where revenue was $100,790 and expenses were $49,124. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of financial stewardship and transparency. The organization's assets have also grown substantially, from $59,773 in 2022 to $146,175 in 2023, further solidifying its financial position.
The organization's spending efficiency appears strong, with expenses consistently lower than revenue in recent years, allowing for asset accumulation. The absence of officer compensation is a key factor in its efficient use of funds. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health, marked by increasing revenue and assets, along with zero executive compensation, points to a well-managed and transparent operation. The consistent filing of IRS 990s over many years also indicates a commitment to regulatory compliance and public transparency.