Quick charity verification for Camerata New England Inc (EIN: 20331044)
Verdict: Camerata New England Inc appears trustworthy
85/100Mission Score
$70KRevenue
$15KAssets
1Red Flags
3Strengths
Red Flags
Fluctuating annual revenues and expenses, leading to occasional deficits (e.g., 2023: $60,303 revenue vs. $95,204 expenses).
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission-related activities.
Regular filing of IRS Form 990s over 13 periods, demonstrating strong transparency.
Latest filing shows near break-even operations ($69,664 revenue vs. $69,526 expenses), indicating sound financial management in the current period.
Spending Breakdown
How Camerata New England Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Camerata New England Inc
Is Camerata New England Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Camerata New England Inc (EIN: 20331044) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Camerata New England Inc a good charity to donate to?
Camerata New England Inc has a Mission Score of 85/100. Revenue: $70K. Assets: $15K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Camerata New England Inc?
The Employer Identification Number (EIN) for Camerata New England Inc is 20331044. 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 Camerata New England Inc spend its money?
Camerata New England Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Camerata New England Inc's tax-exempt status?
You can verify Camerata New England Inc's tax-exempt status using EIN 20331044 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
Camerata New England Inc. demonstrates a generally stable financial position, with recent revenues closely matching expenses. In the latest filing (202406), the organization reported revenue of $69,664 against expenses of $69,526, indicating a near break-even operation. While the organization has experienced fluctuations in revenue and expenses over the past decade, with a notable surplus in 2017 ($170,167 revenue vs. $86,887 expenses) and deficits in other years (e.g., 2023 with $60,303 revenue vs. $95,204 expenses), its asset base has remained modest but consistent, currently at $15,480. The organization consistently reports 0% officer compensation, which is a positive indicator for donor confidence regarding executive pay.
Spending efficiency appears to be reasonable, given the consistent operational expenses relative to revenue. The absence of reported officer compensation suggests that resources are likely directed towards program delivery and administrative needs. The organization's liabilities have also remained relatively low, with $8,414 in the latest period, which is manageable given its asset base. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency, allowing public scrutiny of its financial activities.
Overall, Camerata New England Inc. appears to be a financially sound, albeit small, organization with a history of responsible financial reporting and a focus on its mission, as evidenced by the lack of executive compensation. Donors can be reasonably confident in the organization's financial management, though its small scale means it operates with limited reserves.