Quick charity verification for Made In The Streets (EIN: 204044723)
Verdict: Made In The Streets appears trustworthy
85/100Mission Score
$1.1MRevenue
$381KAssets
2Red Flags
3Strengths
Red Flags
Sudden and substantial increase in liabilities to $1,182,000 in 2023 from $0 in prior years.
Expenses exceeded revenue in 2023 by $35,892, indicating a deficit for the year.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in directing funds to mission.
Generally stable revenue stream, consistently around $700,000 - $1,000,000 annually.
Long filing history (13 filings) demonstrates consistent compliance and transparency.
Spending Breakdown
How Made In The Streets allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Made In The Streets
Is Made In The Streets a legitimate charity?
Based on AI analysis of IRS 990 filings, Made In The Streets (EIN: 204044723) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Made In The Streets a good charity to donate to?
Made In The Streets has a Mission Score of 85/100. Revenue: $1.1M. Assets: $381K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Made In The Streets?
The Employer Identification Number (EIN) for Made In The Streets is 204044723. 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 Made In The Streets spend its money?
Made In The Streets allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Made In The Streets's tax-exempt status?
You can verify Made In The Streets's tax-exempt status using EIN 204044723 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
Made In The Streets demonstrates a generally stable financial history, with revenues consistently around the $700,000 to $1,000,000 range over the past decade. While the organization experienced a deficit in 2023, with expenses exceeding revenue by approximately $35,892, this follows a period of strong revenue growth in 2021 and 2022. A notable concern is the significant increase in liabilities to $1,182,000 in 2023, a substantial jump from zero in previous years, which warrants further investigation into its nature and impact on financial stability. The organization's consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of spending efficiency and donor trust.
The organization's assets have fluctuated, reaching a high of $618,604 in 2015 and currently standing at $486,658 in 2023. The absence of officer compensation is a significant strength, indicating that a very high proportion of funds are likely allocated to program services. However, without a detailed functional expense breakdown (program, administrative, fundraising) from the provided data, a precise assessment of spending efficiency is challenging. The sudden appearance of substantial liabilities in the latest filing is a key area for potential donors to scrutinize, as it could impact future financial health and operational capacity. Overall, while the lack of executive compensation is excellent, the recent increase in liabilities introduces a degree of financial uncertainty.