Is Harmonium A Classical Choral Society Inc Legit?
Quick charity verification for Harmonium A Classical Choral Society Inc (EIN: 222304418)
Verdict: Harmonium A Classical Choral Society Inc appears trustworthy
75/100Mission Score
$219KRevenue
$295KAssets
3Red Flags
3Strengths
Red Flags
Consistent reporting of $0 for executive compensation raises a red flag regarding the accuracy or completeness of financial disclosures.
Net assets have shown a significant decline from $147,209 in 2021 to $264,220 in 2024, despite an increase in revenue in the most recent year.
The organization's liabilities have increased from $3,537 in 2017 to $19,864 in 2024.
Strengths
Strong program spending, with a significant portion of expenses dedicated to programs.
Consistent revenue generation over the years, with a notable increase in 2024 to $317,020.
Maintains a positive net asset position, despite recent declines.
Spending Breakdown
How Harmonium A Classical Choral Society Inc allocates its funds across programs, administration, and fundraising.
65%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
15%
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 Harmonium A Classical Choral Society Inc
Is Harmonium A Classical Choral Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Harmonium A Classical Choral Society Inc (EIN: 222304418) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Harmonium A Classical Choral Society Inc a good charity to donate to?
Harmonium A Classical Choral Society Inc has a Mission Score of 75/100. Revenue: $219K. Assets: $295K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Harmonium A Classical Choral Society Inc?
The Employer Identification Number (EIN) for Harmonium A Classical Choral Society Inc is 222304418. 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 Harmonium A Classical Choral Society Inc spend its money?
Harmonium A Classical Choral Society Inc allocates 65% to programs, 20% to administration, and 15% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Harmonium A Classical Choral Society Inc's tax-exempt status?
You can verify Harmonium A Classical Choral Society Inc's tax-exempt status using EIN 222304418 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
Harmonium A Classical Choral Society Inc is a unknown nonprofit based in Morristown, New Jersey, with reported revenue of $219K and assets of $295K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 65% of spending goes to programs, 20% to administration, and 15% to fundraising. The organization consistently reports $0 in compensation for officers, directors, trustees, and key employees across all available filings, which is highly unusual for an organization of its size and activity and warrants further scrutiny. Revenue has grown +115% across 13 filing periods.