Quick charity verification for Middletown Main Street Inc (EIN: 203003808)
Verdict: Middletown Main Street Inc appears trustworthy
90/100Mission Score
$55KRevenue
$84KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, maximizing funds for mission.
Strong asset growth, from $40,508 in 2019 to $83,192 in 2023.
Excellent transparency with 13 IRS 990 filings.
Generally positive net income in recent years, indicating financial stability.
Low liabilities, with many periods reporting $0 liabilities.
Spending Breakdown
How Middletown Main Street 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 Middletown Main Street Inc
Is Middletown Main Street Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Middletown Main Street Inc (EIN: 203003808) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Middletown Main Street Inc a good charity to donate to?
Middletown Main Street Inc has a Mission Score of 90/100. Revenue: $55K. Assets: $84K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Middletown Main Street Inc?
The Employer Identification Number (EIN) for Middletown Main Street Inc is 203003808. 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 Middletown Main Street Inc spend its money?
Middletown Main Street Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Middletown Main Street Inc's tax-exempt status?
You can verify Middletown Main Street Inc's tax-exempt status using EIN 203003808 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
Middletown Main Street Inc demonstrates consistent financial health, with assets growing from $40,508 in 2019 to $83,192 in 2023, indicating sound financial management and accumulation of resources. The organization's revenue has fluctuated, with a notable high of $65,930 in 2022 and a low of $19,889 in 2021, but it generally maintains a positive net income, as seen in 2023 where revenue ($37,535) exceeded expenses ($27,100). This suggests a capacity to cover operational costs and invest in its mission.
The organization exhibits strong spending efficiency, particularly given its NTEE code (A80 - Community Improvement & Capacity Building), by consistently reporting 0% officer compensation across all available filings. This indicates that all funds are directed towards programs and operational costs rather than executive salaries. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation is a significant positive indicator of efficiency and a commitment to maximizing program impact.
In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, demonstrating consistent compliance with reporting requirements. The consistent reporting of zero officer compensation enhances transparency by clearly showing that no funds are allocated to executive salaries, which is a strong positive for donor confidence. The clear growth in assets over recent years also suggests responsible financial stewardship and a transparent approach to managing its resources.