Quick charity verification for Cultureseed (EIN: 203027110)
Verdict: Cultureseed appears trustworthy
92/100Mission Score
$771KRevenue
$656KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent and significant revenue growth, from $111,220 in 2015 to $995,710 in 2023.
Strong financial stability with assets ($690,980 in 2023) far exceeding liabilities ($5,747 in 2023).
0% officer compensation reported across all filings, indicating high efficiency in directing funds to programs.
Positive net income in most years, allowing for asset accumulation and program expansion.
Healthy asset base growth, from $107,994 in 2015 to $690,980 in 2023.
Spending Breakdown
How Cultureseed 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 Cultureseed
Is Cultureseed a legitimate charity?
Based on AI analysis of IRS 990 filings, Cultureseed (EIN: 203027110) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Cultureseed a good charity to donate to?
Cultureseed has a Mission Score of 92/100. Revenue: $771K. Assets: $656K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cultureseed?
The Employer Identification Number (EIN) for Cultureseed is 203027110. 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 Cultureseed spend its money?
Cultureseed allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cultureseed's tax-exempt status?
You can verify Cultureseed's tax-exempt status using EIN 203027110 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
Cultureseed demonstrates strong financial health and growth, with revenue consistently increasing over the past several years, culminating in $995,710 in 2023. The organization maintains a healthy asset base, reaching $690,980 in 2023, significantly exceeding its liabilities of $5,747, indicating good financial stability. Their spending efficiency appears robust, as expenses in 2023 were $670,624 against revenues of $995,710, allowing for significant reinvestment or reserve building. The consistent reporting of 0% officer compensation across all filings suggests a commitment to directing funds towards programs rather than executive salaries, enhancing their transparency and donor confidence. The organization's financial trajectory shows a well-managed and growing nonprofit.