Is Manufacturers And Tent Renters Association Inc Legit?
Quick charity verification for Manufacturers And Tent Renters Association Inc (EIN: 200984457)
Verdict: Manufacturers And Tent Renters Association Inc appears trustworthy
95/100Mission Score
$586KRevenue
$527KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, increasing from $279,344 in 2014 to $501,846 in 2023.
Strong asset accumulation, growing from $177,401 in 2014 to $566,891 in 2023.
0% reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
Expenses consistently lower than revenue, allowing for healthy net asset growth.
Low liabilities relative to assets, demonstrating strong financial solvency.
Spending Breakdown
How Manufacturers And Tent Renters Association Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Manufacturers And Tent Renters Association Inc
Is Manufacturers And Tent Renters Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Manufacturers And Tent Renters Association Inc (EIN: 200984457) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Manufacturers And Tent Renters Association Inc a good charity to donate to?
Manufacturers And Tent Renters Association Inc has a Mission Score of 95/100. Revenue: $586K. Assets: $527K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Manufacturers And Tent Renters Association Inc?
The Employer Identification Number (EIN) for Manufacturers And Tent Renters Association Inc is 200984457. 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 Manufacturers And Tent Renters Association Inc spend its money?
Manufacturers And Tent Renters Association Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Manufacturers And Tent Renters Association Inc's tax-exempt status?
You can verify Manufacturers And Tent Renters Association Inc's tax-exempt status using EIN 200984457 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
Manufacturers And Tent Renters Association Inc (MATRA) demonstrates a consistent pattern of financial stability and growth over the past decade. Revenue has steadily increased from $279,344 in 2014 to $501,846 in 2023, indicating a healthy ability to attract resources. The organization consistently maintains positive net assets, growing from $177,401 in 2014 to $566,891 in 2023, which suggests sound financial management and the accumulation of reserves. Their liabilities are relatively low compared to assets, further reinforcing financial health.
Spending efficiency appears strong, with expenses generally well below revenue, allowing for asset growth. For instance, in 2023, expenses were $387,992 against revenues of $501,846. A notable aspect of MATRA's operations is the reported 0% officer compensation across all available filings, which is a significant indicator of volunteer leadership and potentially lower administrative overhead. This practice enhances donor confidence by ensuring funds are directed towards the organization's mission rather than executive salaries.
Transparency is high given the consistent filing of IRS Form 990s, providing a clear historical record of financial activities. The absence of officer compensation also simplifies the analysis of how funds are allocated. Overall, MATRA appears to be a financially well-managed and transparent organization, effectively growing its resources and maintaining a lean operational structure.