Is Parents & Teachers Of Thortons Ferry School Legit?
Quick charity verification for Parents & Teachers Of Thortons Ferry School (EIN: 20403312)
Verdict: Parents & Teachers Of Thortons Ferry School appears trustworthy
92/100Mission Score
$59KRevenue
$44KAssets
1Red Flags
5Strengths
Red Flags
Significant expense exceeding revenue in 2022 ($129,055 expenses vs. $65,388 revenue), though this appears to be an anomaly and has since been corrected.
Strengths
Consistent positive net income in most years, indicating financial stability (e.g., $42,033 revenue vs. $19,639 expenses in 2024).
Zero officer compensation across all filings, demonstrating high volunteer engagement and low administrative costs.
Strong asset base with minimal to no liabilities in recent years (e.g., $59,357 assets and $0 liabilities in 2024).
Consistent IRS 990 filing history over 14 periods, indicating strong transparency and compliance.
Recovery from a deficit year (2022) to strong financial health in subsequent years.
Spending Breakdown
How Parents & Teachers Of Thortons Ferry School allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Parents & Teachers Of Thortons Ferry School
Is Parents & Teachers Of Thortons Ferry School a legitimate charity?
Based on AI analysis of IRS 990 filings, Parents & Teachers Of Thortons Ferry School (EIN: 20403312) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Parents & Teachers Of Thortons Ferry School a good charity to donate to?
Parents & Teachers Of Thortons Ferry School has a Mission Score of 92/100. Revenue: $59K. Assets: $44K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Parents & Teachers Of Thortons Ferry School?
The Employer Identification Number (EIN) for Parents & Teachers Of Thortons Ferry School is 20403312. 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 Parents & Teachers Of Thortons Ferry School spend its money?
Parents & Teachers Of Thortons Ferry School allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Parents & Teachers Of Thortons Ferry School's tax-exempt status?
You can verify Parents & Teachers Of Thortons Ferry School's tax-exempt status using EIN 20403312 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
Parents & Teachers Of Thortons Ferry School demonstrates consistent financial health, operating with a positive net income in most recent years. For example, in 2024, they reported $42,033 in revenue against $19,639 in expenses, indicating a healthy surplus. Their asset base has fluctuated but generally remains strong, with $59,357 in assets and $0 liabilities in 2024, suggesting good financial management and solvency. The organization's spending efficiency appears high, as evidenced by the significant difference between revenue and expenses in recent periods, implying that a substantial portion of funds are available for their programs.
The organization's transparency is excellent, particularly regarding executive compensation, which consistently reports 0% for officers across all available filings. This indicates that the organization is run by volunteers, which is common for parent-teacher associations and contributes to lower administrative costs. The consistent filing of IRS Form 990s over 14 periods further enhances their transparency, providing a clear historical record of their financial activities. While specific program spending details are not provided in the summary data, the overall financial picture suggests a well-managed and accountable entity focused on its mission.