Quick charity verification for Northwest Community Music Academy (EIN: 203174820)
Verdict: Northwest Community Music Academy appears trustworthy
92/100Mission Score
$1.1MRevenue
$396KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent and significant revenue growth, from $195,986 in 2014 to $903,352 in 2023.
Strong asset growth, increasing from $50,072 in 2014 to $462,014 in 2023.
0% officer compensation reported across all 13 filings, indicating high efficiency and dedication to mission.
Expenses generally well-managed and aligned with revenue, preventing significant deficits.
Positive net income in most recent years (e.g., $26,910 in 2023, $102,013 in 2021), contributing to asset building.
Spending Breakdown
How Northwest Community Music Academy 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 Northwest Community Music Academy
Is Northwest Community Music Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Northwest Community Music Academy (EIN: 203174820) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Northwest Community Music Academy a good charity to donate to?
Northwest Community Music Academy has a Mission Score of 92/100. Revenue: $1.1M. Assets: $396K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Northwest Community Music Academy?
The Employer Identification Number (EIN) for Northwest Community Music Academy is 203174820. 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 Northwest Community Music Academy spend its money?
Northwest Community Music Academy allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Northwest Community Music Academy's tax-exempt status?
You can verify Northwest Community Music Academy's tax-exempt status using EIN 203174820 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
Northwest Community Music Academy demonstrates a consistent pattern of growth in revenue and assets over the past decade, indicating a healthy and expanding operation. For instance, revenue grew from $195,986 in 2014 to $903,352 in 2023, and assets increased from $50,072 to $462,014 in the same period. The organization generally manages its expenses well, with expenses often closely tracking or slightly below revenue, as seen in 2023 where expenses were $876,442 against $903,352 in revenue. This suggests a focus on utilizing funds for current operations rather than accumulating excessive reserves.
The academy's financial health appears stable, with a positive net income in most recent years, contributing to asset growth. The absence of reported officer compensation across all available filings is a significant indicator of strong financial stewardship and a commitment to directing funds towards the mission. This practice enhances public trust and suggests a volunteer-driven leadership model. While specific program spending percentages are not provided in the raw data, the overall financial trends point to an organization effectively managing its resources to support its mission.
Transparency is high given the consistent filing of IRS Form 990s and the clear reporting of key financial metrics. The lack of officer compensation is a particularly strong point for transparency and efficiency, as it means a greater proportion of funds can be allocated directly to programs. The organization's growth trajectory, coupled with prudent financial management and no executive compensation, paints a picture of a well-run and mission-focused nonprofit.