Quick charity verification for Mad River Valley Arts Inc (EIN: 203964320)
Verdict: Mad River Valley Arts Inc appears trustworthy
85/100Mission Score
$172KRevenue
$25KAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue by $18,347 in 2023, indicating a recent operating deficit.
Strengths
Consistent revenue growth from $72,383 in 2020 to $172,820 in 2023.
0% officer compensation reported across all filings, demonstrating efficient use of funds.
Low liabilities relative to assets, indicating sound financial management.
Long history of IRS 990 filings (14 filings), showing strong transparency and compliance.
Spending Breakdown
How Mad River Valley Arts 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 Mad River Valley Arts Inc
Is Mad River Valley Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mad River Valley Arts Inc (EIN: 203964320) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Mad River Valley Arts Inc a good charity to donate to?
Mad River Valley Arts Inc has a Mission Score of 85/100. Revenue: $172K. Assets: $25K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mad River Valley Arts Inc?
The Employer Identification Number (EIN) for Mad River Valley Arts Inc is 203964320. 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 Mad River Valley Arts Inc spend its money?
Mad River Valley Arts Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mad River Valley Arts Inc's tax-exempt status?
You can verify Mad River Valley Arts Inc's tax-exempt status using EIN 203964320 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
Mad River Valley Arts Inc. demonstrates a generally stable financial trajectory, with revenues showing growth over the past few years, peaking at $172,820 in 2023. However, the organization experienced a deficit in 2023, with expenses exceeding revenue by $18,347. This contrasts with previous years (2020-2022) where revenues consistently outpaced expenses, indicating a need to monitor spending or increase revenue streams to maintain financial health. The organization's assets have fluctuated, reaching a high of $91,452 in 2022 before decreasing to $71,106 in 2023, while liabilities have remained relatively low, except for a notable increase to $644 in 2023, which is still a small fraction of assets.
Spending efficiency appears reasonable given the organization's size and mission. With no reported officer compensation, a significant portion of funds is likely directed towards program activities. The organization's consistent filing of IRS 990 forms over 14 periods indicates a commitment to transparency, providing a clear historical record of its financial operations. The absence of officer compensation also enhances its transparency profile, as it suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation.
Overall, Mad River Valley Arts Inc. appears to be a well-managed small nonprofit with a good track record of financial reporting. The recent deficit in 2023 warrants attention, but the overall trend of revenue growth and low liabilities suggests a resilient organization. Its consistent operations and lack of executive compensation contribute positively to its financial health and public trust.