Quick charity verification for Chester Theatre Company Inc (EIN: 223081088)
Verdict: Chester Theatre Company Inc appears trustworthy
75/100Mission Score
$737KRevenue
$750KAssets
3Red Flags
2Strengths
Red Flags
Net assets have been declining over the past two years, from $912,607 in 2022 to $847,432 in 2023.
Liabilities have seen a substantial increase from $4,561 in 2021 to $57,277 in 2023, which could indicate growing financial strain.
The organization's revenue has fluctuated significantly, with a notable drop from $828,615 in 2019 to $267,040 in 2020, and then a recovery to $751,484 in 2023, suggesting potential instability.
Strengths
The organization consistently allocates a high percentage of its expenses to programs, demonstrating a strong commitment to its mission.
Despite fluctuations, the organization has shown resilience in revenue generation, recovering from a low of $267,040 in 2020 to $751,484 in 2023.
Spending Breakdown
How Chester Theatre Company 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 Chester Theatre Company Inc
Is Chester Theatre Company Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chester Theatre Company Inc (EIN: 223081088) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 2 strengths noted.
Is Chester Theatre Company Inc a good charity to donate to?
Chester Theatre Company Inc has a Mission Score of 75/100. Revenue: $737K. Assets: $750K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Chester Theatre Company Inc?
The Employer Identification Number (EIN) for Chester Theatre Company Inc is 223081088. 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 Chester Theatre Company Inc spend its money?
Chester Theatre Company Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Chester Theatre Company Inc's tax-exempt status?
You can verify Chester Theatre Company Inc's tax-exempt status using EIN 223081088 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
Chester Theatre Company Inc is a arts, culture & humanities nonprofit based in Chester, Massachusetts, with reported revenue of $737K and assets of $750K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation is not reported in the provided data, indicating it is likely below the IRS reporting threshold for Form 990, Part VII, Section A, Line 1a. Revenue has grown +219% across 14 filing periods.