Quick charity verification for Community Concerts At Second (EIN: 202490268)
Verdict: Community Concerts At Second appears trustworthy
95/100Mission Score
$169KRevenue
$456KAssets
1Red Flags
5Strengths
Red Flags
Slight deficit in latest fiscal period (202406: Revenue=$168,971, Expenses=$180,796)
Strengths
Consistent asset growth (from $367,661 in 2015 to $455,914 in 2024)
Zero liabilities reported in recent filings (e.g., 202406, 202306, 202206)
0% officer compensation across all reported periods, indicating high program focus
Strong financial stability with a history of balanced budgets
High transparency with 14 available IRS 990 filings
Spending Breakdown
How Community Concerts At Second allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Community Concerts At Second
Is Community Concerts At Second a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Concerts At Second (EIN: 202490268) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Community Concerts At Second a good charity to donate to?
Community Concerts At Second has a Mission Score of 95/100. Revenue: $169K. Assets: $456K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Community Concerts At Second?
The Employer Identification Number (EIN) for Community Concerts At Second is 202490268. 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 Community Concerts At Second spend its money?
Community Concerts At Second allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Community Concerts At Second's tax-exempt status?
You can verify Community Concerts At Second's tax-exempt status using EIN 202490268 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
Community Concerts At Second demonstrates consistent financial stability and a strong commitment to its mission. Over the past five years, the organization has maintained an average annual revenue of approximately $151,833 and average expenses of $146,839, indicating a generally balanced budget. Their latest filing (Period 202406) shows total assets of $455,914 and zero liabilities, which is a very strong indicator of financial health and responsible management. The absence of liabilities across multiple recent filings suggests excellent fiscal discipline.
The organization's spending efficiency is commendable, particularly given that 0% of its expenses are allocated to officer compensation, as reported in all available filings. This suggests that resources are primarily directed towards program delivery and operational needs rather than executive salaries. While specific program spending percentages are not detailed in the provided data, the overall financial picture points to an organization that effectively manages its resources to deliver its mission. Their consistent growth in assets, from $367,661 in 2015 to $455,914 in 2024, further reinforces their sound financial management.
Transparency is high, with 14 filings available, demonstrating a consistent commitment to public disclosure. The clear reporting of zero liabilities in recent years and the absence of officer compensation contribute significantly to their transparent financial practices. This level of detail allows for a clear understanding of their financial operations and resource allocation.