Quick charity verification for Ibtm Inc (EIN: 203467033)
Verdict: Ibtm Inc appears trustworthy
80/100Mission Score
$293KRevenue
$419KAssets
2Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the most recent filing (202408), leading to a deficit of $93,313.
Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data limits full spending efficiency analysis.
Strengths
Consistent asset growth, from $16,929 in 2015 to $419,063 currently.
Zero reported liabilities across all 13 filings, indicating strong financial management.
Consistent reporting of 0% officer compensation, suggesting resources are directed to mission.
Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency.
Spending Breakdown
How Ibtm 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 Ibtm Inc
Is Ibtm Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ibtm Inc (EIN: 203467033) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
Is Ibtm Inc a good charity to donate to?
Ibtm Inc has a Mission Score of 80/100. Revenue: $293K. Assets: $419K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ibtm Inc?
The Employer Identification Number (EIN) for Ibtm Inc is 203467033. 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 Ibtm Inc spend its money?
Ibtm Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ibtm Inc's tax-exempt status?
You can verify Ibtm Inc's tax-exempt status using EIN 203467033 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
Ibtm Inc demonstrates consistent revenue generation, with its latest reported revenue at $293,317 and assets of $419,063. The organization has shown growth in both revenue and assets over the past decade, indicating a stable financial trajectory. For instance, assets grew from $16,929 in 2015 to $419,063 currently. While the most recent filing (Period 202408) shows expenses ($315,999) exceeding revenue ($222,686), leading to a deficit, this appears to be an anomaly in an otherwise positive trend of revenue generally exceeding expenses in prior years, such as 202308 where revenue was $248,968 against expenses of $151,799. The consistent reporting of zero liabilities across all filings is a significant strength, indicating strong financial management and no outstanding debt.
The organization's spending efficiency is generally good, with expenses typically well-managed relative to revenue. The absence of reported officer compensation across all filings suggests that leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to lower administrative overhead. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The NTEE code X21 (Religious Organizations, Nec) often implies a focus on direct mission-related activities.
Transparency is strong regarding financial reporting, with 13 filings available, demonstrating a consistent commitment to public disclosure. The consistent reporting of zero officer compensation is a notable aspect of their transparency. However, the lack of detailed functional expense breakdowns in the provided data limits a deeper analysis of how funds are allocated between programs, administration, and fundraising. Further transparency on these specific expense categories would enhance understanding of their operational efficiency.