Is North Carolina Arts In Action Inc Legit?…

Quick charity verification for North Carolina Arts In Action Inc (EIN: 203029784)

Spending Breakdown

How North Carolina Arts In Action Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

10%

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 North Carolina Arts In Action Inc

Is North Carolina Arts In Action Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, North Carolina Arts In Action Inc (EIN: 203029784) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is North Carolina Arts In Action Inc a good charity to donate to?

North Carolina Arts In Action Inc has a Mission Score of 70/100. Revenue: $801K. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for North Carolina Arts In Action Inc?

The Employer Identification Number (EIN) for North Carolina Arts In Action Inc is 203029784. 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 North Carolina Arts In Action Inc spend its money?

North Carolina Arts In Action Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify North Carolina Arts In Action Inc's tax-exempt status?

You can verify North Carolina Arts In Action Inc's tax-exempt status using EIN 203029784 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

North Carolina Arts In Action Inc demonstrates a mixed financial picture. While the organization has shown consistent revenue growth over the past decade, with latest revenue at $801,084, the most recent filing (202306) indicates a significant operating deficit, with expenses ($797,443) substantially exceeding revenue ($568,010). This resulted in a notable decrease in assets from $589,920 in 202206 to $349,072 in 202306, alongside a sharp increase in liabilities to $685, which is concerning. The organization's assets of $1,021,570 (latest available) are healthy relative to its revenue, but the recent financial performance warrants close monitoring.

The organization's spending efficiency cannot be fully assessed without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing executive overhead, which is a positive indicator for donor confidence. The lack of officer compensation also implies a lean operational structure at the top.

Transparency appears to be good given the consistent filing history (13 filings). However, the recent financial downturn, particularly the significant increase in liabilities and the operating deficit in 202306, raises questions about financial management and sustainability that would require further investigation into the detailed 990 forms. Donors should be aware of the recent financial challenges despite the long-term growth trend.

Is North Carolina Arts In Action Inc Legit?

Verdict: North Carolina Arts In Action Inc appears trustworthy

Red Flags

Strengths