Is Mid South Minority Council Tadp Legit? —…

Quick charity verification for Mid South Minority Council Tadp (EIN: 10706027)

Spending Breakdown

How Mid South Minority Council Tadp allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Mid South Minority Council Tadp

Is Mid South Minority Council Tadp a legitimate charity?

Based on AI analysis of IRS 990 filings, Mid South Minority Council Tadp (EIN: 10706027) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Mid South Minority Council Tadp a good charity to donate to?

Mid South Minority Council Tadp has a Mission Score of 85/100. Revenue: $1.6M. Assets: $872K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mid South Minority Council Tadp?

The Employer Identification Number (EIN) for Mid South Minority Council Tadp is 10706027. 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 Mid South Minority Council Tadp spend its money?

Mid South Minority Council Tadp allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mid South Minority Council Tadp's tax-exempt status?

You can verify Mid South Minority Council Tadp's tax-exempt status using EIN 10706027 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

Mid South Minority Council Tadp demonstrates a consistent operational history with revenues generally exceeding expenses, leading to a gradual increase in assets over the past decade. For instance, in 2023, the organization reported revenues of $680,969 against expenses of $664,663, indicating a surplus. This trend suggests sound financial management and an ability to maintain solvency. The organization's assets have grown from $197,287 in 2014 to $366,075 in 2023, further reinforcing its financial stability.

The organization's spending efficiency appears strong, with expenses closely aligned with revenues, suggesting that funds are being actively deployed towards its mission rather than accumulating excessively. A notable aspect of its financial structure is the consistent reporting of 0% officer compensation across all available filings. This indicates either a volunteer-led executive team or that executive compensation is not reported in a manner that is easily identifiable as such within the standard officer compensation field, which could be a point for further inquiry regarding transparency. However, assuming the 0% is accurate, it points to a highly efficient use of funds, minimizing overhead related to top-level salaries.

Overall, Mid South Minority Council Tadp appears to be a financially healthy organization with a prudent approach to managing its resources. The consistent positive net income in most years and the growth in assets, coupled with the reported lack of officer compensation, paint a picture of an organization focused on its programmatic goals. Further transparency regarding the specific breakdown of program, administrative, and fundraising expenses would provide a more granular understanding of its operational efficiency.

Is Mid South Minority Council Tadp Legit?

Verdict: Mid South Minority Council Tadp appears trustworthy

Red Flags

Strengths