Quick charity verification for Bristol Choral Society Inc (EIN: 202462768)
Verdict: Bristol Choral Society Inc appears trustworthy
92/100Mission Score
$47KRevenue
$51KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial surpluses in recent years (e.g., $49,039 revenue vs. $37,969 expenses in 202406).
Zero reported officer compensation across all filings, indicating volunteer leadership or highly efficient use of funds.
Healthy asset growth, reaching $42,300 in 202406 with no liabilities.
Long history of IRS 990 filings (13 filings), demonstrating consistent operation and transparency.
Strong recovery in revenue post-pandemic, showing resilience and community support.
Spending Breakdown
How Bristol Choral Society 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 Bristol Choral Society Inc
Is Bristol Choral Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bristol Choral Society Inc (EIN: 202462768) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Bristol Choral Society Inc a good charity to donate to?
Bristol Choral Society Inc has a Mission Score of 92/100. Revenue: $47K. Assets: $51K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bristol Choral Society Inc?
The Employer Identification Number (EIN) for Bristol Choral Society Inc is 202462768. 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 Bristol Choral Society Inc spend its money?
Bristol Choral Society Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bristol Choral Society Inc's tax-exempt status?
You can verify Bristol Choral Society Inc's tax-exempt status using EIN 202462768 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
Bristol Choral Society Inc demonstrates consistent financial stability, particularly in recent years. For the period ending 202406, the organization reported revenue of $49,039 against expenses of $37,969, resulting in a surplus. This positive trend is also seen in the 202306 period with revenue of $43,442 exceeding expenses of $41,257. The organization's assets have shown growth, reaching $42,300 in 202406, up from $31,230 in 202306, indicating prudent financial management and accumulation of reserves. The absence of liabilities in most recent filings further underscores a healthy balance sheet.
Spending efficiency appears strong, with a significant portion of expenses likely directed towards program activities, given the nature of a choral society and the lack of reported officer compensation. The organization's consistent operation over many years, with generally stable revenue streams, suggests a well-managed and sustainable model. Transparency is high due to the availability of 13 years of IRS 990 filings and the clear reporting of zero officer compensation, which is a positive indicator for a small nonprofit.