Quick charity verification for Patrons Of The Centre Inc (EIN: 205573558)
Verdict: Patrons Of The Centre Inc appears trustworthy
90/100Mission Score
$232KRevenue
$1.2MAssets
1Red Flags
5Strengths
Red Flags
Fluctuating annual revenue, which could impact long-term planning if not managed effectively.
Strengths
Consistent asset growth, indicating strong financial management and sustainability.
Zero officer compensation reported, demonstrating a high commitment to mission and efficient use of funds.
Positive net income in most recent periods (e.g., $191,357 revenue vs. $177,433 expenses in 2024).
Excellent transparency with 14 IRS 990 filings.
Low liabilities relative to assets, indicating financial stability (e.g., $11,001 liabilities vs. $826,482 assets in 2024).
Spending Breakdown
How Patrons Of The Centre 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
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 Patrons Of The Centre Inc
Is Patrons Of The Centre Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Patrons Of The Centre Inc (EIN: 205573558) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Patrons Of The Centre Inc a good charity to donate to?
Patrons Of The Centre Inc has a Mission Score of 90/100. Revenue: $232K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Patrons Of The Centre Inc?
The Employer Identification Number (EIN) for Patrons Of The Centre Inc is 205573558. 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 Patrons Of The Centre Inc spend its money?
Patrons Of The Centre Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Patrons Of The Centre Inc's tax-exempt status?
You can verify Patrons Of The Centre Inc's tax-exempt status using EIN 205573558 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
Patrons Of The Centre Inc demonstrates a generally healthy financial position with consistent asset growth over the past several years, reaching $1,166,521 in the latest period. The organization's revenue has fluctuated, with a notable peak of $365,092 in 2023 and a more recent $191,357 in 2024. Expenses have remained relatively stable, indicating good cost control, with the latest expenses at $177,433 against $191,357 in revenue, showing a surplus.
The organization appears to be efficient in its spending, as evidenced by its program spending ratio. For instance, in 2024, with total expenses of $177,433, a significant portion is likely directed towards its mission, given the absence of officer compensation. The consistent growth in assets, despite revenue fluctuations, suggests effective financial management and potentially strong donor support or investment returns.
Transparency is strong, as indicated by the consistent filing of IRS Form 990s over 14 periods and the clear reporting of zero officer compensation across all available filings. This commitment to transparency, coupled with a healthy financial trajectory and efficient operations, positions Patrons Of The Centre Inc as a well-managed nonprofit.