Is Institute Of Classical Architecture And Art Inc Legit?
Quick charity verification for Institute Of Classical Architecture And Art Inc (EIN: 20721244)
Verdict: Institute Of Classical Architecture And Art Inc appears trustworthy
85/100Mission Score
$533KRevenue
$659KAssets
1Red Flags
4Strengths
Red Flags
NTEE Code is unknown, limiting peer comparison for efficiency metrics.
Strengths
Consistent revenue growth, from $125,201 in 2014 to $298,737 in 2023.
Significant asset accumulation, growing from $6,884 in 2014 to $566,572 in 2023.
Consistently reports 0% officer compensation across all filings, indicating efficient use of funds for leadership.
Operates with a consistent financial surplus, as seen in 2023 with revenue of $298,737 against expenses of $229,052.
Spending Breakdown
How Institute Of Classical Architecture And Art Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Institute Of Classical Architecture And Art Inc
Is Institute Of Classical Architecture And Art Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Institute Of Classical Architecture And Art Inc (EIN: 20721244) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Institute Of Classical Architecture And Art Inc a good charity to donate to?
Institute Of Classical Architecture And Art Inc has a Mission Score of 85/100. Revenue: $533K. Assets: $659K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Institute Of Classical Architecture And Art Inc?
The Employer Identification Number (EIN) for Institute Of Classical Architecture And Art Inc is 20721244. 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 Institute Of Classical Architecture And Art Inc spend its money?
Institute Of Classical Architecture And Art Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Institute Of Classical Architecture And Art Inc's tax-exempt status?
You can verify Institute Of Classical Architecture And Art Inc's tax-exempt status using EIN 20721244 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
The Institute Of Classical Architecture And Art Inc demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past decade, the organization has seen its revenue grow from $125,201 in 2014 to $298,737 in 2023, with assets increasing significantly from $6,884 to $566,572 in the same period. This indicates effective financial management and an ability to build reserves. The organization consistently operates with a surplus, as seen in 2023 where revenue was $298,737 against expenses of $229,052.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s, providing a clear historical record of its financial activities. A notable strength is the reported 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive indicator for donor confidence. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The NTEE code being unknown also limits a direct comparison to peer organizations.
Overall, the Institute Of Classical Architecture And Art Inc appears to be a financially stable and growing organization. Its consistent revenue growth, asset accumulation, and lack of reported officer compensation are positive indicators. To further enhance transparency and allow for a more granular analysis of spending efficiency, a detailed breakdown of expenses would be beneficial.