Quick charity verification for Printed Matter Inc (EIN: 132947412)
Verdict: Printed Matter Inc appears trustworthy
75/100Mission Score
$3.9MRevenue
$2.9MAssets
3Red Flags
3Strengths
Red Flags
Significant deficit in the most recent fiscal year (202306), with expenses exceeding revenue by $775,996.
Substantial increase in liabilities in 2023 to $2,320,785, which is nearly double the previous year's liabilities.
Consistent reporting of 0% officer compensation, which can sometimes obscure how leadership is truly compensated or indicate potential reliance on unpaid labor for key roles.
Strengths
Long history of consistent IRS 990 filings (13 filings), demonstrating transparency.
Strong and growing asset base, reaching over $4 million in 2023, providing financial resilience.
Generally positive net income in most years prior to 2023, indicating effective financial management over time.
Spending Breakdown
How Printed Matter Inc 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 Printed Matter Inc
Is Printed Matter Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Printed Matter Inc (EIN: 132947412) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Printed Matter Inc a good charity to donate to?
Printed Matter Inc has a Mission Score of 75/100. Revenue: $3.9M. Assets: $2.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Printed Matter Inc?
The Employer Identification Number (EIN) for Printed Matter Inc is 132947412. 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 Printed Matter Inc spend its money?
Printed Matter Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Printed Matter Inc's tax-exempt status?
You can verify Printed Matter Inc's tax-exempt status using EIN 132947412 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
Printed Matter Inc. demonstrates a consistent operational history with revenues generally exceeding expenses in most years, indicating sound financial management. However, the most recent filing (Period 202306) shows expenses of $2,813,819 significantly outpacing revenue of $2,037,823, resulting in a deficit for that period. This recent trend warrants closer observation to ensure it's an anomaly rather than a new pattern. The organization's assets have shown growth over the years, reaching $4,007,930 in 2023, which provides a solid financial base. Liabilities have also increased, particularly in 2023 to $2,320,785, which should be monitored relative to asset growth and operational cash flow.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available, providing a comprehensive financial history. The consistent reporting of 0% officer compensation across all available filings suggests that the organization's leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which is a notable point for transparency and resource allocation. Further details on program spending versus administrative and fundraising costs would enhance the assessment of spending efficiency, as this data is not explicitly provided in the summary.