Quick charity verification for Raitt Homestead Farm Museum (EIN: 10516323)
Verdict: Raitt Homestead Farm Museum shows mixed signals
55/100Mission Score
$0Revenue
$0Assets
3Red Flags
2Strengths
Red Flags
Consistent operating deficits (e.g., 2019: $16,895 revenue vs. $40,812 expenses)
Declining asset base over the past decade (from $426,902 in 2011 to $310,932 in 2019)
Latest reported revenue and assets are $0, indicating a potential lapse in reporting or significant change in status.
Strengths
No reported officer compensation, indicating efficient use of funds for personnel or volunteer-driven operations.
Consistent filing of IRS 990 forms, demonstrating a commitment to transparency over time.
Spending Breakdown
How Raitt Homestead Farm Museum allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 Raitt Homestead Farm Museum
Is Raitt Homestead Farm Museum a legitimate charity?
Based on AI analysis of IRS 990 filings, Raitt Homestead Farm Museum (EIN: 10516323) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
Is Raitt Homestead Farm Museum a good charity to donate to?
Raitt Homestead Farm Museum has a Mission Score of 55/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Raitt Homestead Farm Museum?
The Employer Identification Number (EIN) for Raitt Homestead Farm Museum is 10516323. 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 Raitt Homestead Farm Museum spend its money?
Raitt Homestead Farm Museum allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Raitt Homestead Farm Museum's tax-exempt status?
You can verify Raitt Homestead Farm Museum's tax-exempt status using EIN 10516323 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
The Raitt Homestead Farm Museum appears to be a small, community-focused organization with a consistent history of operating at a deficit, as evidenced by its expenses frequently exceeding revenue. For instance, in 2019, expenses were $40,812 against revenues of $16,895, and in 2018, expenses were $26,099 against revenues of $17,131. This trend suggests reliance on accumulated assets or other non-operating income sources to cover costs. The organization's assets have shown a steady decline over the past decade, from $426,902 in 2011 to $310,932 in 2019, indicating that it has been drawing down its reserves. Liabilities have also generally decreased, which is a positive sign, but the overall financial health points to a need for increased revenue generation or reduced spending to achieve sustainability.
Given the available data, specific breakdowns of program, administrative, and fundraising spending are not provided, making a detailed assessment of spending efficiency challenging. However, the consistent operational deficits suggest that the organization may struggle with efficient resource allocation or sufficient fundraising to cover its mission-related activities. The absence of reported officer compensation across all filings indicates a volunteer-led or very lean operational structure, which can be a strength in terms of minimizing overhead but also raises questions about the capacity for growth and professional management. Transparency is moderate, as the filing history is available, but detailed financial statements are not provided in this summary.