Quick charity verification for Chapin Community Theatre Inc (EIN: 203431391)
Verdict: Chapin Community Theatre Inc appears trustworthy
90/100Mission Score
$283KRevenue
$963KAssets
1Red Flags
5Strengths
Red Flags
Increase in liabilities from $0 in 2017 to $279,495 in 2023, warranting monitoring relative to asset growth.
Strengths
Consistent revenue growth, with latest revenue at $233,656.
Strong asset accumulation, reaching $895,016 in 2023 from $313,409 in 2014.
0% reported officer compensation across all filings, indicating efficient use of funds.
Expenses consistently well below revenue, demonstrating effective financial management (e.g., $233,656 revenue vs. $127,815 expenses in 2023).
Regular and transparent IRS 990 filing history (12 filings).
Spending Breakdown
How Chapin Community Theatre 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 Chapin Community Theatre Inc
Is Chapin Community Theatre Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chapin Community Theatre Inc (EIN: 203431391) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Chapin Community Theatre Inc a good charity to donate to?
Chapin Community Theatre Inc has a Mission Score of 90/100. Revenue: $283K. Assets: $963K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Chapin Community Theatre Inc?
The Employer Identification Number (EIN) for Chapin Community Theatre Inc is 203431391. 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 Chapin Community Theatre Inc spend its money?
Chapin Community Theatre Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Chapin Community Theatre Inc's tax-exempt status?
You can verify Chapin Community Theatre Inc's tax-exempt status using EIN 203431391 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
Chapin Community Theatre Inc demonstrates a generally healthy financial position with consistent revenue growth and a strong asset base. In the latest filing (202306), the organization reported revenue of $233,656 against expenses of $127,815, indicating a significant surplus that contributes to its growing assets, which reached $895,016. The organization has shown a remarkable increase in assets over the past few years, nearly tripling from $323,017 in 2015 to $895,016 in 2023, suggesting effective financial management and potentially successful capital campaigns or investments. Spending efficiency appears strong, as expenses are consistently well below revenue, allowing for asset accumulation.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 12 filings available. A notable aspect of its financial management is the reported 0% officer compensation across all available filings, which indicates that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, contributing to lower administrative overhead. While the liabilities have increased in recent years, reaching $279,495 in 2023, they remain manageable relative to the organization's substantial assets. Overall, Chapin Community Theatre Inc appears to be a financially sound and well-managed nonprofit.