Is Earl L And Corinne A Otto Community Theatre Endowment Tr Legit?
Quick charity verification for Earl L And Corinne A Otto Community Theatre Endowment Tr (EIN: 207437282)
Verdict: Earl L And Corinne A Otto Community Theatre Endowment Tr appears trustworthy
90/100Mission Score
$301KRevenue
$2.3MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset base over $2 million, demonstrating strong financial health.
Zero liabilities reported across all filings, indicating no debt burden.
0% officer compensation, highlighting extremely low administrative overhead and high efficiency.
Consistent IRS 990 filing history (13 filings), showing strong transparency and compliance.
Positive net assets and strong balance sheet.
Spending Breakdown
How Earl L And Corinne A Otto Community Theatre Endowment Tr 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 Earl L And Corinne A Otto Community Theatre Endowment Tr
Is Earl L And Corinne A Otto Community Theatre Endowment Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Earl L And Corinne A Otto Community Theatre Endowment Tr (EIN: 207437282) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Earl L And Corinne A Otto Community Theatre Endowment Tr a good charity to donate to?
Earl L And Corinne A Otto Community Theatre Endowment Tr has a Mission Score of 90/100. Revenue: $301K. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Earl L And Corinne A Otto Community Theatre Endowment Tr?
The Employer Identification Number (EIN) for Earl L And Corinne A Otto Community Theatre Endowment Tr is 207437282. 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 Earl L And Corinne A Otto Community Theatre Endowment Tr spend its money?
Earl L And Corinne A Otto Community Theatre Endowment Tr allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Earl L And Corinne A Otto Community Theatre Endowment Tr's tax-exempt status?
You can verify Earl L And Corinne A Otto Community Theatre Endowment Tr's tax-exempt status using EIN 207437282 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 Earl L And Corinne A Otto Community Theatre Endowment Tr appears to be a financially stable organization, primarily functioning as an endowment. Its assets have consistently remained above $2 million over the past decade, reaching $2,310,099 in the latest filing. The organization consistently reports zero liabilities, indicating a very strong balance sheet and no reliance on debt. Revenue fluctuates year-to-year, but the endowment structure suggests its primary purpose is to generate investment income to support its mission rather than direct program delivery requiring significant operational fundraising.
Spending efficiency is high, as the organization consistently reports zero officer compensation, indicating that its operations are likely managed by volunteers or through very low administrative overhead. The primary expenses appear to be related to grants or distributions in line with its endowment purpose. The lack of officer compensation also contributes to a high degree of transparency regarding how funds are utilized, as a significant portion of typical nonprofit overhead (executive salaries) is absent. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and public disclosure.
Given its nature as an endowment, the financial health is robust, characterized by substantial assets and no liabilities. The spending efficiency is excellent due to minimal administrative costs and no executive compensation. Transparency is strong through consistent public filings and clear financial statements.