Quick charity verification for Princeton Ballet Society (EIN: 210732575)
Verdict: Princeton Ballet Society appears trustworthy
75/100Mission Score
$4.7MRevenue
$5.2MAssets
2Red Flags
4Strengths
Red Flags
No reported officer compensation, which could obscure executive costs if compensated through other means.
Significant increase in both assets and liabilities in 2023 without immediate explanation, suggesting a major financial event that needs clarification.
Strengths
Consistent revenue generation over a decade, indicating stable operations.
Long history of IRS 990 filings (12 filings), demonstrating transparency and compliance.
Strong asset growth in 2023, potentially indicating successful capital campaigns or investments.
Generally operates close to break-even, showing responsible financial management over time.
Spending Breakdown
How Princeton Ballet Society allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Princeton Ballet Society
Is Princeton Ballet Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Princeton Ballet Society (EIN: 210732575) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Princeton Ballet Society a good charity to donate to?
Princeton Ballet Society has a Mission Score of 75/100. Revenue: $4.7M. Assets: $5.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Princeton Ballet Society?
The Employer Identification Number (EIN) for Princeton Ballet Society is 210732575. 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 Princeton Ballet Society spend its money?
Princeton Ballet Society allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Princeton Ballet Society's tax-exempt status?
You can verify Princeton Ballet Society's tax-exempt status using EIN 210732575 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
Princeton Ballet Society demonstrates generally stable financial health with revenues consistently around $4 million over the past decade. While the organization experienced a slight deficit in 2023, with expenses ($4,645,123) exceeding revenue ($4,573,316), this follows a strong surplus in 2022 where revenue ($4,682,315) significantly outpaced expenses ($4,147,485). The substantial increase in assets from $2,389,360 in 2022 to $5,676,680 in 2023, alongside a corresponding rise in liabilities, suggests significant financial activity or investment, which warrants further investigation into the nature of these changes.
The organization's spending efficiency appears to be reasonable, though specific program, administrative, and fundraising expense breakdowns are not provided in the summary data. However, the consistent revenue generation and the ability to manage expenses close to revenue levels indicate a degree of operational stability. The absence of reported officer compensation across all filings suggests either a volunteer-led executive structure or that compensation is reported under other expense categories, which could impact transparency regarding leadership costs.
Transparency is a mixed bag. The consistent filing of IRS Form 990s over 12 periods is a strong positive indicator of compliance. However, the lack of reported officer compensation directly on the summary data, while not necessarily a red flag if compensated through other means, does reduce immediate clarity on executive costs. Further detailed analysis of the full 990 forms would be necessary to fully assess spending efficiency and the allocation of funds across different functions.