Is Only Make Believe Inc Legit?

Quick charity verification for Only Make Believe Inc (EIN: 134133410)

Verdict: Only Make Believe Inc appears trustworthy

90/100Mission Score

$3.8MRevenue

$2.3MAssets

2Red Flags

4Strengths

Red Flags

Significant increase in liabilities in recent years, from $44,504 in 2021 to $659,696 in 2023.
Expenses exceeded revenue in the last three reported periods (2021, 2022, 2023), indicating potential operational deficits.

Strengths

Consistent asset growth over a decade, from $968,490 in 2014 to $2,463,557 in 2023.
0% reported officer compensation across all 14 filings, suggesting high efficiency in leadership costs.
Long history of IRS 990 filings (14 filings), demonstrating strong transparency and compliance.
Latest reported revenue of $3,812,045 indicates a substantial operational scale and fundraising capacity.

Spending Breakdown

How Only Make Believe 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

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 Only Make Believe Inc

Is Only Make Believe Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Only Make Believe Inc (EIN: 134133410) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.

Is Only Make Believe Inc a good charity to donate to?

Only Make Believe Inc has a Mission Score of 90/100. Revenue: $3.8M. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Only Make Believe Inc?

The Employer Identification Number (EIN) for Only Make Believe Inc is 134133410. 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 Only Make Believe Inc spend its money?

Only Make Believe Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Only Make Believe Inc's tax-exempt status?

You can verify Only Make Believe Inc's tax-exempt status using EIN 134133410 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

Only Make Believe Inc. demonstrates a consistent commitment to its mission, as evidenced by its financial filings. The organization has shown growth in its asset base, increasing from $968,490 in 2014 to $2,463,557 in 2023, indicating sound financial management and accumulation of resources. While there have been periods where expenses exceeded revenue, such as in 2023 ($1,681,931 expenses vs. $1,423,945 revenue) and 2022 ($1,213,927 expenses vs. $1,116,316 revenue), these fluctuations are not uncommon for nonprofits and the overall trend shows a healthy asset base. The organization's liabilities have also seen an increase in recent years, reaching $659,696 in 2023, which warrants monitoring but is not immediately alarming given the asset growth.

Spending efficiency appears to be a strength, particularly with the reported 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive indicator for donor confidence. The organization's NTEE code (A65 - Performing Arts) aligns with its mission, and the consistent filing of IRS 990s over 14 periods demonstrates a commitment to transparency and regulatory compliance. The latest reported revenue of $3,812,045 (though the latest filing shows $1,423,945) indicates a substantial operational scale.

Overall, Only Make Believe Inc. appears to be a financially stable organization with a strong program focus, given the absence of officer compensation and consistent asset growth. While the recent increase in liabilities should be observed, the long-term financial health and transparency through regular filings are commendable. The organization's ability to maintain operations and grow its asset base over a decade, despite revenue fluctuations, speaks to its resilience and effective management.

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Disclaimer

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