Is Park Silly Sunday Market Legit?

Quick charity verification for Park Silly Sunday Market (EIN: 204816462)

Verdict: Park Silly Sunday Market appears trustworthy

85/100Mission Score
$804KRevenue
$157KAssets
2Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Park Silly Sunday Market 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 Park Silly Sunday Market

Is Park Silly Sunday Market a legitimate charity?

Based on AI analysis of IRS 990 filings, Park Silly Sunday Market (EIN: 204816462) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.

Is Park Silly Sunday Market a good charity to donate to?

Park Silly Sunday Market has a Mission Score of 85/100. Revenue: $804K. Assets: $157K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Park Silly Sunday Market?

The Employer Identification Number (EIN) for Park Silly Sunday Market is 204816462. 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 Park Silly Sunday Market spend its money?

Park Silly Sunday Market allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Park Silly Sunday Market's tax-exempt status?

You can verify Park Silly Sunday Market's tax-exempt status using EIN 204816462 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

Park Silly Sunday Market demonstrates a generally stable financial position with consistent revenue streams, primarily from its market operations. Over the past five years (2019-2023), annual revenues have fluctuated, ranging from a low of $126,275 in 2020 (likely due to pandemic impacts) to a high of $910,048 in 2022, averaging around $580,000. The organization has shown a pattern of managing expenses close to its revenue, with some years experiencing deficits (e.g., $67,116 in 2022 and $103,406 in 2021) and others surpluses (e.g., $39,358 in 2023 and $62,424 in 2019). This indicates a tight operational budget. The organization's asset base has grown over time, from $32,668 in 2014 to $149,598 in 2023, suggesting some accumulation of reserves, though liabilities have also been significant in some years, occasionally exceeding assets (e.g., $246,135 liabilities vs. $149,598 assets in 2023). The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds towards the organization's mission rather than executive salaries, which is a positive sign for efficiency and transparency. However, the relatively high liabilities compared to assets in recent years warrant closer examination to understand their nature and impact on long-term financial health.

View Full Transparency Report →

Disclaimer

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

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