Is Joseph Smith Jr And Emma Hale Smith Historical Society Legit?
Quick charity verification for Joseph Smith Jr And Emma Hale Smith Historical Society (EIN: 205276687)
Verdict: Joseph Smith Jr And Emma Hale Smith Historical Society shows mixed signals
40/100Mission Score
$7KRevenue
$9KAssets
3Red Flags
2Strengths
Red Flags
Consistent operating deficits: Expenses have frequently exceeded revenue, e.g., $14,653 expenses vs. $4,060 revenue in 2018.
Significant decline in assets: Assets have decreased from $84,230 in 2011 to $8,981 in 2018, indicating a depletion of financial reserves.
Low current revenue: Latest revenue of $6,948 is very low, limiting operational capacity.
Strengths
No reported officer compensation: Leadership appears to be volunteer-based, minimizing executive overhead.
No reported liabilities: The organization has consistently maintained $0 in liabilities, indicating good debt management.
Spending Breakdown
How Joseph Smith Jr And Emma Hale Smith Historical Society allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 Joseph Smith Jr And Emma Hale Smith Historical Society
Is Joseph Smith Jr And Emma Hale Smith Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Joseph Smith Jr And Emma Hale Smith Historical Society (EIN: 205276687) shows mixed signals. Mission Score: 40/100. 3 red flags identified, 2 strengths noted.
Is Joseph Smith Jr And Emma Hale Smith Historical Society a good charity to donate to?
Joseph Smith Jr And Emma Hale Smith Historical Society has a Mission Score of 40/100. Revenue: $7K. Assets: $9K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Joseph Smith Jr And Emma Hale Smith Historical Society?
The Employer Identification Number (EIN) for Joseph Smith Jr And Emma Hale Smith Historical Society is 205276687. 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 Joseph Smith Jr And Emma Hale Smith Historical Society spend its money?
Joseph Smith Jr And Emma Hale Smith Historical Society allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Joseph Smith Jr And Emma Hale Smith Historical Society's tax-exempt status?
You can verify Joseph Smith Jr And Emma Hale Smith Historical Society's tax-exempt status using EIN 205276687 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 Joseph Smith Jr And Emma Hale Smith Historical Society appears to be a very small organization with limited financial activity. Its latest reported revenue is only $6,948, and assets stand at $8,981. Over the past several years, the organization has consistently spent more than it has brought in, leading to a significant decline in assets from a high of $84,230 in 2011 to $8,981 in 2018. For example, in 2018, revenue was $4,060 while expenses were $14,653, resulting in a deficit of over $10,000. This trend of operating at a deficit is a major concern for long-term financial sustainability.
The organization's financial health is precarious given its consistent operating deficits and shrinking asset base. While the provided data does not detail spending efficiency by program, administration, or fundraising, the overall financial picture suggests a struggle to maintain operations. The lack of officer compensation reported across all filings indicates that leadership is likely volunteer-based, which can be a positive for minimizing administrative costs, but doesn't offset the overall financial imbalance.
Transparency appears to be adequate in terms of filing IRS Form 990s, with 8 filings available. However, the small scale of the organization and its financial struggles raise questions about its capacity to achieve its mission effectively. The consistent decline in financial resources suggests a need for a significant change in fundraising strategy or operational scope to ensure its continued existence.