Quick charity verification for City Theater Associates Inc 205 Main St (EIN: 10351796)
Verdict: City Theater Associates Inc 205 Main St appears trustworthy
92/100Mission Score
$552KRevenue
$451KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth from $175,225 in 2014 to $391,481 in 2023.
Strong asset growth from $276,872 in 2014 to $377,552 in 2023.
Zero officer compensation reported across all filings, indicating volunteer leadership.
Very low liabilities, demonstrating sound financial management.
Consistent IRS 990 filing history (12 filings) indicating transparency.
Spending Breakdown
How City Theater Associates Inc 205 Main St 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 City Theater Associates Inc 205 Main St
Is City Theater Associates Inc 205 Main St a legitimate charity?
Based on AI analysis of IRS 990 filings, City Theater Associates Inc 205 Main St (EIN: 10351796) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is City Theater Associates Inc 205 Main St a good charity to donate to?
City Theater Associates Inc 205 Main St has a Mission Score of 92/100. Revenue: $552K. Assets: $451K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for City Theater Associates Inc 205 Main St?
The Employer Identification Number (EIN) for City Theater Associates Inc 205 Main St is 10351796. 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 City Theater Associates Inc 205 Main St spend its money?
City Theater Associates Inc 205 Main St allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify City Theater Associates Inc 205 Main St's tax-exempt status?
You can verify City Theater Associates Inc 205 Main St's tax-exempt status using EIN 10351796 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
City Theater Associates Inc demonstrates a consistent operational history with a positive trend in revenue and assets over the past decade. The organization's financial health appears stable, with assets growing from $276,872 in 2014 to $377,552 in 2023, and revenue increasing significantly from $175,225 to $391,481 in the same period. The organization consistently reports zero officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds, contributing positively to its spending efficiency. Liabilities have remained very low, indicating good financial management and minimal debt.
While specific program spending percentages are not provided in the raw data, the consistent reporting of zero officer compensation suggests a high proportion of expenses are likely directed towards its mission. The organization's consistent filing of IRS Form 990s over 12 periods indicates a commitment to transparency. The growth in revenue and assets, coupled with low liabilities, suggests a well-managed and financially sound nonprofit, capable of sustaining its operations and potentially expanding its programmatic reach within the community.