Quick charity verification for Clothesline Inc (EIN: 204110456)
Verdict: Clothesline Inc appears trustworthy
92/100Mission Score
$191KRevenue
$29KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $54,086 in 2014 to $134,681 in 2023.
Zero reported liabilities across all filings, indicating strong financial health.
No officer compensation reported, maximizing funds for programs.
High spending efficiency, with expenses closely matching revenue (e.g., $126,511 expenses vs. $134,681 revenue in 2023).
Positive net income in most years, contributing to asset growth.
Spending Breakdown
How Clothesline Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
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 Clothesline Inc
Is Clothesline Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Clothesline Inc (EIN: 204110456) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Clothesline Inc a good charity to donate to?
Clothesline Inc has a Mission Score of 92/100. Revenue: $191K. Assets: $29K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Clothesline Inc?
The Employer Identification Number (EIN) for Clothesline Inc is 204110456. 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 Clothesline Inc spend its money?
Clothesline Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Clothesline Inc's tax-exempt status?
You can verify Clothesline Inc's tax-exempt status using EIN 204110456 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
Clothesline Inc. demonstrates consistent financial health with a steady increase in revenue over the past decade, reaching $134,681 in 2023. The organization consistently operates with a positive net income, indicating sound financial management. Their asset base has also grown, reaching $28,916 in 2023, with no reported liabilities, which is a strong indicator of financial stability. The absence of officer compensation reported across all filings suggests a volunteer-driven leadership model, contributing to high spending efficiency.
Spending efficiency appears to be very strong, as the organization consistently spends nearly all of its revenue on its programs and operations, with minimal surplus. For instance, in 2023, expenses were $126,511 against revenues of $134,681, showing a high proportion of funds being utilized for its mission. The lack of reported officer compensation further enhances their efficiency by reducing overhead costs.
Transparency is excellent given the consistent filing of IRS Form 990s and the clear financial picture presented. The absence of liabilities and officer compensation simplifies their financial structure, making it easier for donors and the public to understand how funds are managed and spent. This level of transparency, combined with efficient spending, positions Clothesline Inc. as a well-managed nonprofit.