Is Elm Street Cultural Arts Village Inc Legit?

Quick charity verification for Elm Street Cultural Arts Village Inc (EIN: 10634062)

Verdict: Elm Street Cultural Arts Village Inc appears trustworthy

90/100Mission Score
$1.8MRevenue
$1.6MAssets
1Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How Elm Street Cultural Arts Village 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 Elm Street Cultural Arts Village Inc

Is Elm Street Cultural Arts Village Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Elm Street Cultural Arts Village Inc (EIN: 10634062) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.

Is Elm Street Cultural Arts Village Inc a good charity to donate to?

Elm Street Cultural Arts Village Inc has a Mission Score of 90/100. Revenue: $1.8M. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Elm Street Cultural Arts Village Inc?

The Employer Identification Number (EIN) for Elm Street Cultural Arts Village Inc is 10634062. 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 Elm Street Cultural Arts Village Inc spend its money?

Elm Street Cultural Arts Village Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Elm Street Cultural Arts Village Inc's tax-exempt status?

You can verify Elm Street Cultural Arts Village Inc's tax-exempt status using EIN 10634062 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

Elm Street Cultural Arts Village Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, culminating in $1,887,658 in the 202307 period. The organization has also significantly grown its assets, from $361,034 in 2014 to $1,774,604 in 2023, indicating sound financial management and investment in its mission. While expenses have largely tracked revenue, the 202107 period showed a notable surplus where revenue ($1,512,997) significantly outpaced expenses ($780,773), contributing to asset growth. The organization's spending efficiency appears strong, particularly given the reported 0% officer compensation across all filings, suggesting resources are primarily directed towards programs and operational needs rather than executive salaries. The low liabilities relative to assets, such as $143,650 in liabilities against $1,774,604 in assets in 2023, further underscore financial stability. The consistent filing of IRS 990 forms over 13 periods indicates a commitment to transparency, providing a clear historical record of financial activity.

View Full Transparency Report →

Disclaimer

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

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