Quick charity verification for Odeum Corporation (EIN: 223115053)
Verdict: Odeum Corporation appears trustworthy
85/100Mission Score
$1.8MRevenue
$2.6MAssets
1Red Flags
1Strengths
Red Flags
The organization has maintained a consistent fundraising percentage, indicating a stable financial strategy.
Strengths
The organization has a strong focus on program spending, which has increased over the past five years.
Spending Breakdown
How Odeum Corporation allocates its funds across programs, administration, and fundraising.
60%
Program Spending
Below average — room for improvement
15%
Admin Costs
Reasonable — admin costs in check
25%
Fundraising
Above average fundraising costs
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 Odeum Corporation
Is Odeum Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Odeum Corporation (EIN: 223115053) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 1 strength noted.
Is Odeum Corporation a good charity to donate to?
Odeum Corporation has a Mission Score of 85/100. Revenue: $1.8M. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Odeum Corporation?
The Employer Identification Number (EIN) for Odeum Corporation is 223115053. 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 Odeum Corporation spend its money?
Odeum Corporation allocates 60% to programs, 15% to administration, and 25% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Odeum Corporation's tax-exempt status?
You can verify Odeum Corporation's tax-exempt status using EIN 223115053 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
Odeum Corporation is a arts, culture & humanities nonprofit based in E Greenwich, Rhode Island, with reported revenue of $1.8M and assets of $2.6M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 60% of spending goes to programs, 15% to administration, and 25% to fundraising. Executive compensation remains stable, with no significant changes over the past five years. Revenue has grown +883% across 13 filing periods.