Is Pregones Puerto Rican Traveling Theater Inc Legit?
Quick charity verification for Pregones Puerto Rican Traveling Theater Inc (EIN: 133266893)
Verdict: Pregones Puerto Rican Traveling Theater Inc appears trustworthy
90/100Mission Score
$2.9MRevenue
$3.5MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this scale and may warrant further investigation into how leadership is compensated or structured.
Strengths
Strong revenue growth, increasing from $1,123,309 in 201506 to $2,891,631 in 202206.
Excellent asset-to-liability ratio, indicating strong financial stability (e.g., $4,972,274 in assets vs. $517,896 in liabilities in 202206).
Consistent financial surpluses in recent years, demonstrating effective financial management (e.g., $2,891,631 revenue vs. $2,165,431 expenses in 202206).
Zero reported officer compensation across all filings, suggesting a high dedication of resources to the mission or a volunteer-driven leadership.
Spending Breakdown
How Pregones Puerto Rican Traveling Theater 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 Pregones Puerto Rican Traveling Theater Inc
Is Pregones Puerto Rican Traveling Theater Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pregones Puerto Rican Traveling Theater Inc (EIN: 133266893) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Pregones Puerto Rican Traveling Theater Inc a good charity to donate to?
Pregones Puerto Rican Traveling Theater Inc has a Mission Score of 90/100. Revenue: $2.9M. Assets: $3.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Pregones Puerto Rican Traveling Theater Inc?
The Employer Identification Number (EIN) for Pregones Puerto Rican Traveling Theater Inc is 133266893. 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 Pregones Puerto Rican Traveling Theater Inc spend its money?
Pregones Puerto Rican Traveling Theater Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Pregones Puerto Rican Traveling Theater Inc's tax-exempt status?
You can verify Pregones Puerto Rican Traveling Theater Inc's tax-exempt status using EIN 133266893 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
Pregones Puerto Rican Traveling Theater Inc demonstrates a generally healthy financial position with consistent revenue growth over the past several years, culminating in $2,891,631 in revenue for the 202206 period. The organization has maintained a strong asset base, with assets reaching $4,972,274 in 202206, significantly exceeding its liabilities of $517,896. This indicates good financial stability and a solid balance sheet.
The organization appears to be efficient in its spending, with expenses for the 202206 period at $2,165,431 against revenues of $2,891,631, resulting in a surplus. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health suggests effective management of resources. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency and resource allocation.
Pregones Puerto Rican Traveling Theater Inc's financial history shows a positive trend in revenue generation and asset accumulation, particularly in recent years. The absence of reported officer compensation across all filings is a strong indicator of transparency and a commitment to directing resources towards its mission. The organization's ability to consistently generate surpluses and grow its assets while maintaining low liabilities points to sound financial management.