Quick charity verification for Opera Fairbanks (EIN: 203975320)
Verdict: Opera Fairbanks has notable concerns
30/100Mission Score
$608Revenue
$1Assets
4Red Flags
2Strengths
Red Flags
Drastic decline in revenue and assets in the latest filing (202012 revenue $608, assets $1).
Consistent negative net income in most recent years (202012: -$14,901; 201812: -$30,027; 201712: -$26,326; 201512: -$26,699; 201212: -$16,748).
Minimal assets ($1 in 202012) indicating no financial reserves.
Significant operational expenses ($15,509 in 202012) far exceeding revenue ($608) in the latest period.
Strengths
Consistent 0% officer compensation, indicating volunteer leadership and low administrative overhead in that area.
Historically managed to generate over $100,000 in revenue in several periods (e.g., 201612, 201512, 201412, 201112).
Spending Breakdown
How Opera Fairbanks allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Opera Fairbanks
Is Opera Fairbanks a legitimate charity?
Based on AI analysis of IRS 990 filings, Opera Fairbanks (EIN: 203975320) has notable concerns. Mission Score: 30/100. 4 red flags identified, 2 strengths noted.
Is Opera Fairbanks a good charity to donate to?
Opera Fairbanks has a Mission Score of 30/100. Revenue: $608. Assets: $1. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Opera Fairbanks?
The Employer Identification Number (EIN) for Opera Fairbanks is 203975320. 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 Opera Fairbanks spend its money?
Opera Fairbanks allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Opera Fairbanks's tax-exempt status?
You can verify Opera Fairbanks's tax-exempt status using EIN 203975320 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
Opera Fairbanks appears to be in a state of significant financial decline, as evidenced by its latest filing (Period 202012) reporting only $608 in revenue and $1 in assets, while incurring $15,509 in expenses. This represents a drastic drop from previous years, where revenue consistently exceeded $80,000 and often surpassed $100,000. The organization has consistently spent more than it brought in during most of its reported history, leading to a depletion of assets.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of expenses in the provided data. However, the substantial negative net income in the latest period suggests severe operational challenges. The lack of officer compensation throughout its history indicates a volunteer-driven leadership, which can be a positive for efficiency, but the overall financial picture is concerning. Transparency appears adequate given the available 990 filings, but the financial health is clearly precarious.
Given the latest filing's minimal revenue and assets, Opera Fairbanks' ability to sustain its mission and operations is highly questionable. The trend of declining revenue and assets over the past few years, culminating in the 202012 report, points to a significant contraction or potential cessation of activities.