Quick charity verification for Discover Quincy Inc (EIN: 161682963)
Verdict: Discover Quincy Inc appears trustworthy
70/100Mission Score
$242KRevenue
$53KAssets
2Red Flags
3Strengths
Red Flags
Consecutive years of operating deficits (2018 and 2019), with expenses exceeding revenue by $50,839 and $33,700 respectively.
Significant decline in total assets from $144,090 in 2016 to $52,793 in 2019, indicating a potential draw on reserves or asset liquidation.
Strengths
Consistent reporting of 0% officer compensation across all filings, suggesting efficient use of funds for mission-related activities.
Zero liabilities reported in the most recent filings (2018 and 2019), indicating strong debt management.
Stable revenue generation in the low to mid-$200,000 range over the past several years.
Spending Breakdown
How Discover Quincy Inc 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 Discover Quincy Inc
Is Discover Quincy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Discover Quincy Inc (EIN: 161682963) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Discover Quincy Inc a good charity to donate to?
Discover Quincy Inc has a Mission Score of 70/100. Revenue: $242K. Assets: $53K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Discover Quincy Inc?
The Employer Identification Number (EIN) for Discover Quincy Inc is 161682963. 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 Discover Quincy Inc spend its money?
Discover Quincy Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Discover Quincy Inc's tax-exempt status?
You can verify Discover Quincy Inc's tax-exempt status using EIN 161682963 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
Discover Quincy Inc. demonstrates a consistent operational pattern, with revenues and expenses generally in the low to mid-$200,000 range over the past several years. The organization has maintained a healthy financial position with zero liabilities reported in its most recent filings (2018 and 2019), indicating good fiscal management regarding debt. However, the organization has experienced a decline in assets from a high of $144,090 in 2016 to $52,793 in 2019, which warrants closer examination. While the organization's revenue has been relatively stable, it has operated at a deficit in recent years, with expenses exceeding revenue by $33,700 in 2019 and $50,839 in 2018. This trend, if continued, could impact long-term sustainability. The absence of reported officer compensation across all filings suggests either a volunteer-led executive team or compensation below reporting thresholds, which can be a positive indicator of resource allocation to mission-related activities.