Quick charity verification for Praying Friends Of The Bridegroom (EIN: 200213016)
Verdict: Praying Friends Of The Bridegroom appears trustworthy
85/100Mission Score
$118KRevenue
$63KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating high efficiency and volunteer leadership.
Positive asset growth, with assets increasing from $15,368 in 202206 to $62,697 in 202406.
Zero liabilities reported in the latest filing (202406), demonstrating strong financial management.
Long history of IRS 990 filings (14 filings), suggesting transparency and compliance.
Generally operates with a surplus or near break-even, avoiding significant deficits.
Spending Breakdown
How Praying Friends Of The Bridegroom 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 Praying Friends Of The Bridegroom
Is Praying Friends Of The Bridegroom a legitimate charity?
Based on AI analysis of IRS 990 filings, Praying Friends Of The Bridegroom (EIN: 200213016) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Praying Friends Of The Bridegroom a good charity to donate to?
Praying Friends Of The Bridegroom has a Mission Score of 85/100. Revenue: $118K. Assets: $63K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Praying Friends Of The Bridegroom?
The Employer Identification Number (EIN) for Praying Friends Of The Bridegroom is 200213016. 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 Praying Friends Of The Bridegroom spend its money?
Praying Friends Of The Bridegroom allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Praying Friends Of The Bridegroom's tax-exempt status?
You can verify Praying Friends Of The Bridegroom's tax-exempt status using EIN 200213016 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
Praying Friends Of The Bridegroom demonstrates consistent financial activity, with revenues fluctuating between approximately $70,000 and $175,000 over the past decade. In the latest filing (202406), the organization reported revenues of $118,107 against expenses of $83,042, resulting in a surplus that contributed to an increase in assets to $62,697. This represents a positive trend in asset growth, particularly compared to previous years where assets were significantly lower, sometimes even near zero.
The organization appears to operate with a lean administrative structure, as indicated by 0% officer compensation across all reported periods. This suggests a strong focus on directing funds towards programmatic activities rather than executive salaries. While specific program spending details are not provided in the summary data, the consistent operational surpluses in recent years and the absence of liabilities in the latest filing point to sound financial management and a healthy balance sheet. The organization's long filing history (14 filings) also suggests a commitment to transparency through regular reporting.
Overall, Praying Friends Of The Bridegroom exhibits good financial health with a history of managing expenses within revenue limits, building assets, and maintaining a clean liability profile. The lack of officer compensation is a notable strength, indicating a high degree of efficiency in resource allocation.