Quick charity verification for Fifth House Ensemble (EIN: 202307216)
Verdict: Fifth House Ensemble appears trustworthy
92/100Mission Score
$682KRevenue
$551KAssets
1Red Flags
5Strengths
Red Flags
Unusually low liabilities relative to assets, which could indicate conservative financial practices or specific funding structures.
Strengths
Strong revenue growth, increasing from $250,945 in 201208 to $681,778 in 202108.
Significant asset accumulation, growing from $128,170 in 201208 to $551,496 in 202108.
Consistent reporting of 0% officer compensation across all 11 filings, indicating high efficiency and mission focus.
Positive net income in the latest filing ($681,778 revenue vs. $414,642 expenses), contributing to financial stability.
Low liability-to-asset ratio, demonstrating strong financial solvency (e.g., $29,847 liabilities vs. $551,496 assets in 202108).
Spending Breakdown
How Fifth House Ensemble 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 Fifth House Ensemble
Is Fifth House Ensemble a legitimate charity?
Based on AI analysis of IRS 990 filings, Fifth House Ensemble (EIN: 202307216) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Fifth House Ensemble a good charity to donate to?
Fifth House Ensemble has a Mission Score of 92/100. Revenue: $682K. Assets: $551K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fifth House Ensemble?
The Employer Identification Number (EIN) for Fifth House Ensemble is 202307216. 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 Fifth House Ensemble spend its money?
Fifth House Ensemble allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fifth House Ensemble's tax-exempt status?
You can verify Fifth House Ensemble's tax-exempt status using EIN 202307216 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
Fifth House Ensemble demonstrates a generally healthy financial trajectory, marked by consistent revenue growth and a strong asset position. In the latest filing (202108), the organization reported revenue of $681,778 against expenses of $414,642, resulting in a significant surplus that contributed to a substantial increase in assets to $551,496. This positive financial performance is a notable improvement from previous years, where expenses often closely matched or exceeded revenue, such as in 201908 when expenses were $527,455 against $509,841 in revenue.
The organization's spending efficiency appears robust, particularly given the positive net income in recent periods. The absence of reported officer compensation across all filings suggests a commitment to directing funds towards programmatic activities and operational needs rather than executive salaries. This practice, combined with a low liability-to-asset ratio (e.g., $29,847 in liabilities against $551,496 in assets in 202108), indicates sound financial management and a strong balance sheet. The consistent growth in assets over the past decade, from $128,170 in 201208 to over half a million dollars in 202108, further underscores its financial stability and capacity for future programming.
Fifth House Ensemble's transparency is commendable, particularly through its consistent filing of IRS Form 990s and the clear reporting of zero officer compensation. This level of detail allows for a straightforward assessment of its financial health and operational priorities. The organization's ability to generate significant surpluses, as seen in the 202108 period, positions it well for sustained impact and growth, while its historical financial data provides a clear picture of its evolution and management practices.