Is Bridges Mathematical Connections Inart Music And Science Inc Legit?
Quick charity verification for Bridges Mathematical Connections Inart Music And Science Inc (EIN: 203901631)
Verdict: Bridges Mathematical Connections Inart Music And Science Inc appears trustworthy
90/100Mission Score
$94KRevenue
$332KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Strong and growing asset base, from $58,564 in 2012 to $274,350 in 2023, demonstrating financial stability.
Minimal to zero liabilities across most filing periods, indicating excellent solvency.
Positive revenue growth in recent years, with $96,909 in 2023, suggesting increasing support.
Expenses generally well below revenue, allowing for asset accumulation and future program investment.
Spending Breakdown
How Bridges Mathematical Connections Inart Music And Science 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 Bridges Mathematical Connections Inart Music And Science Inc
Is Bridges Mathematical Connections Inart Music And Science Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bridges Mathematical Connections Inart Music And Science Inc (EIN: 203901631) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Bridges Mathematical Connections Inart Music And Science Inc a good charity to donate to?
Bridges Mathematical Connections Inart Music And Science Inc has a Mission Score of 90/100. Revenue: $94K. Assets: $332K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bridges Mathematical Connections Inart Music And Science Inc?
The Employer Identification Number (EIN) for Bridges Mathematical Connections Inart Music And Science Inc is 203901631. 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 Bridges Mathematical Connections Inart Music And Science Inc spend its money?
Bridges Mathematical Connections Inart Music And Science Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bridges Mathematical Connections Inart Music And Science Inc's tax-exempt status?
You can verify Bridges Mathematical Connections Inart Music And Science Inc's tax-exempt status using EIN 203901631 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
Bridges Mathematical Connections Inart Music And Science Inc demonstrates a generally healthy financial position, with assets significantly exceeding liabilities across all reported periods, indicating strong solvency. The organization's revenue has fluctuated, with a notable increase in 2023 to $96,909 from $44,083 in 2022, suggesting growing support or successful fundraising efforts. Expenses have remained relatively low compared to revenue in recent years, particularly in 2023 where expenses were $41,054 against $96,909 in revenue, allowing for asset growth. The consistent reporting of zero officer compensation across all filings is a strong indicator of volunteer leadership and efficient use of funds directly for its mission, enhancing its transparency and public trust.
The organization's spending efficiency appears robust, especially given the zero officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the low overall expenses relative to revenue, combined with asset accumulation, suggests a significant portion of funds are either directly applied to programs or retained for future mission-related activities. The consistent growth in assets, from $58,564 in 2012 to $274,350 in 2023, further supports a financially sound and well-managed operation. The organization's commitment to transparency is evident through its consistent IRS 990 filings and the clear financial picture presented.