Quick charity verification for Classical Theatre Of Harlem (EIN: 134046782)
Verdict: Classical Theatre Of Harlem appears trustworthy
95/100Mission Score
$3.3MRevenue
$4.2MAssets
1Red Flags
5Strengths
Red Flags
Unusually low or zero reported officer compensation may warrant further investigation to understand how leadership is compensated, if at all, to ensure sustainability and proper classification of expenses.
Strengths
Consistent revenue growth, from $421,772 in 2013 to $3,266,868 in 2023, indicates increasing public support.
Zero reported officer compensation across all filings demonstrates a strong commitment to directing funds to programs.
Healthy asset growth, from $208,564 in 2013 to $3,058,017 in 2023, shows increasing financial stability.
Positive net income in most recent years (e.g., $290,048 in 2023) indicates sound financial management.
Low liabilities relative to assets (e.g., $51,965 liabilities vs. $3,058,017 assets in 2023) suggests strong financial health.
Spending Breakdown
How Classical Theatre Of Harlem allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Classical Theatre Of Harlem
Is Classical Theatre Of Harlem a legitimate charity?
Based on AI analysis of IRS 990 filings, Classical Theatre Of Harlem (EIN: 134046782) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Classical Theatre Of Harlem a good charity to donate to?
Classical Theatre Of Harlem has a Mission Score of 95/100. Revenue: $3.3M. Assets: $4.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Classical Theatre Of Harlem?
The Employer Identification Number (EIN) for Classical Theatre Of Harlem is 134046782. 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 Classical Theatre Of Harlem spend its money?
Classical Theatre Of Harlem allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Classical Theatre Of Harlem's tax-exempt status?
You can verify Classical Theatre Of Harlem's tax-exempt status using EIN 134046782 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
The Classical Theatre Of Harlem demonstrates a strong and improving financial trajectory, with its latest revenue reaching $3,346,245 and assets growing to $4,158,637. Over the past decade, the organization has shown consistent growth in both revenue and assets, indicating increasing support and financial stability. For instance, revenue has grown from $421,772 in 2013 to over $3.2 million in 2023, and assets have increased from $208,564 to over $3 million in the same period. The organization consistently reports 0% officer compensation, which is a significant indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice, coupled with a healthy asset-to-liability ratio (e.g., $3,058,017 in assets vs. $51,965 in liabilities in 2023), suggests sound financial management and a focus on long-term sustainability. The organization's ability to manage expenses effectively, as seen in the 2023 period where expenses ($2,976,820) were less than revenue ($3,266,868), further reinforces its financial health.