Is National Association For Poetry Therapy Inc Legit?

Quick charity verification for National Association For Poetry Therapy Inc (EIN: 112662233)

Verdict: National Association For Poetry Therapy Inc appears trustworthy

85/100Mission Score
$69KRevenue
$96KAssets
1Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The National Association For Poetry Therapy Inc demonstrates a consistent operational history with modest financial activity. Over the past decade, the organization's revenue has fluctuated, with a notable dip in 2018 ($10,046) and a recovery to $57,679 in 2023. Expenses have generally tracked revenue, though the organization has experienced periods where expenses exceeded revenue, such as in 2023 ($58,410 expenses vs. $57,679 revenue) and 2018 ($21,898 expenses vs. $10,046 revenue). This indicates a need for careful financial management to maintain solvency. The organization's assets have shown steady growth, from $28,984 in 2012 to $94,262 in 2023, suggesting a build-up of reserves. Liabilities remain relatively low, peaking at $14,905 in 2023, which is manageable given its asset base. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a commitment to directing funds towards the mission rather than executive salaries.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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