Quick charity verification for Bravo Creative Arts Center Inc (EIN: 204100092)
Verdict: Bravo Creative Arts Center Inc appears trustworthy
85/100Mission Score
$363KRevenue
$91KAssets
2Red Flags
3Strengths
Red Flags
Inconsistent revenue generation leading to deficits in some years (e.g., 2022 revenue $181,613 vs. expenses $252,934)
Fluctuating asset base, indicating potential challenges in building consistent reserves.
Strengths
Zero officer compensation reported across all filings, maximizing funds for mission.
Consistent IRS 990 filing history (13 filings) demonstrates strong transparency and compliance.
Relatively low liabilities compared to assets in most years, indicating good debt management.
Spending Breakdown
How Bravo Creative Arts Center 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 Bravo Creative Arts Center Inc
Is Bravo Creative Arts Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bravo Creative Arts Center Inc (EIN: 204100092) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Bravo Creative Arts Center Inc a good charity to donate to?
Bravo Creative Arts Center Inc has a Mission Score of 85/100. Revenue: $363K. Assets: $91K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bravo Creative Arts Center Inc?
The Employer Identification Number (EIN) for Bravo Creative Arts Center Inc is 204100092. 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 Bravo Creative Arts Center Inc spend its money?
Bravo Creative Arts Center Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bravo Creative Arts Center Inc's tax-exempt status?
You can verify Bravo Creative Arts Center Inc's tax-exempt status using EIN 204100092 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
Bravo Creative Arts Center Inc. demonstrates a generally stable financial position, though with some fluctuations in recent years. In 2023, the organization reported revenues of $288,642 against expenses of $289,458, indicating a near break-even year. This follows a deficit in 2022 where expenses ($252,934) significantly outpaced revenue ($181,613). The organization's assets have fluctuated, reaching a high of $150,624 in 2017 and standing at $66,537 in 2023, suggesting a need for careful asset management. Liabilities have remained relatively low, peaking at $31,045 in 2021 and 2022, which is a positive indicator of financial stability.
The organization's spending efficiency appears to be reasonable, with no reported officer compensation, which is a strong positive for a nonprofit of this size. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation suggests that a higher proportion of funds likely go towards direct mission-related activities. The consistent filing of IRS Form 990s over 13 periods indicates a commitment to transparency and regulatory compliance.
Overall, Bravo Creative Arts Center Inc. appears to be a responsibly managed organization, particularly given its consistent operation and lack of executive compensation. However, monitoring revenue generation to consistently cover expenses, as seen in 2022, would be beneficial for long-term financial health.