Quick charity verification for Celebrate The Beat (EIN: 200670553)
Verdict: Celebrate The Beat appears trustworthy
75/100Mission Score
$286KRevenue
$76KAssets
2Red Flags
4Strengths
Red Flags
Consistent operating deficits in recent years (e.g., $19,611 in 202407, $38,403 in 202307).
Declining asset base from $262,771 in 201912 to $76,089 in 202407.
Strengths
Zero officer compensation reported across all filings, indicating strong dedication and efficient use of funds.
Low liabilities relative to assets, suggesting manageable debt.
Consistent filing history (14 filings) demonstrates good transparency.
NTEE code A62 (Performing Arts) aligns with a clear program focus.
Spending Breakdown
How Celebrate The Beat 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 Celebrate The Beat
Is Celebrate The Beat a legitimate charity?
Based on AI analysis of IRS 990 filings, Celebrate The Beat (EIN: 200670553) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Celebrate The Beat a good charity to donate to?
Celebrate The Beat has a Mission Score of 75/100. Revenue: $286K. Assets: $76K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Celebrate The Beat?
The Employer Identification Number (EIN) for Celebrate The Beat is 200670553. 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 Celebrate The Beat spend its money?
Celebrate The Beat allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Celebrate The Beat's tax-exempt status?
You can verify Celebrate The Beat's tax-exempt status using EIN 200670553 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
Celebrate The Beat demonstrates a consistent commitment to its mission, as evidenced by its program spending. In the latest filing (Period 202407), the organization reported total expenses of $305,212 against revenues of $285,601, indicating a slight operating deficit for the year. This trend of expenses exceeding revenue has been observed in several recent periods, including 202307 ($481,968 expenses vs. $443,565 revenue) and 202207 ($645,556 expenses vs. $638,984 revenue). While not immediately alarming, sustained deficits could impact long-term financial stability if not addressed.
The organization's assets have shown a declining trend in recent years, from a high of $262,771 in 201912 to $76,089 in 202407. This reduction in assets, coupled with the operating deficits, suggests a need for careful financial management and potentially a review of fundraising strategies to ensure sustainability. Liabilities remain relatively low, which is a positive indicator of manageable debt.
Transparency appears strong, with 14 filings available and consistent reporting. The absence of officer compensation across all reported periods is a notable positive for donor confidence, indicating that leadership is not drawing a salary from the organization's funds. However, the consistent operational deficits and declining asset base warrant close monitoring to ensure the organization can continue its valuable programs effectively.