Is East Tuscaloosa Community Soup Bowl Inc Legit?

Quick charity verification for East Tuscaloosa Community Soup Bowl Inc (EIN: 202981263)

Verdict: East Tuscaloosa Community Soup Bowl Inc appears trustworthy

92/100Mission Score
$70KRevenue
$95KAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

East Tuscaloosa Community Soup Bowl Inc demonstrates a consistent commitment to its mission of providing meals, as evidenced by its program spending. Over the past several years, the organization has maintained a lean operational structure, with no reported officer compensation, which is a strong indicator of volunteer-driven leadership and efficient use of donor funds. While the organization experienced a deficit in 2023, with expenses exceeding revenue by over $10,000 ($61,840 expenses vs. $51,588 revenue), its asset base has generally grown over time, reaching $95,290 in the latest period, suggesting a degree of financial stability despite year-to-year fluctuations in operating results. The organization's consistent filing of IRS Form 990s over 14 periods indicates a commitment to regulatory compliance and transparency. The organization's financial health appears stable for its size, with assets generally exceeding liabilities. The absence of officer compensation is a significant positive for spending efficiency, as nearly all funds can be directed towards program services and essential administrative functions. However, the recent operating deficit in 2023 warrants monitoring to ensure long-term sustainability. The organization's relatively small scale means that even minor fluctuations in revenue or expenses can significantly impact its annual financial performance. Overall, the East Tuscaloosa Community Soup Bowl Inc appears to be a well-managed, community-focused organization with a strong emphasis on direct program delivery.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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