Is Raw Spirit Festival Inc Legit?

Quick charity verification for Raw Spirit Festival Inc (EIN: 208441065)

Verdict: Raw Spirit Festival Inc appears trustworthy

75/100Mission Score
$36KRevenue
$12KAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Raw Spirit Festival Inc allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
15%
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 Raw Spirit Festival Inc

Is Raw Spirit Festival Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Raw Spirit Festival Inc (EIN: 208441065) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Raw Spirit Festival Inc a good charity to donate to?

Raw Spirit Festival Inc has a Mission Score of 75/100. Revenue: $36K. Assets: $12K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Raw Spirit Festival Inc?

The Employer Identification Number (EIN) for Raw Spirit Festival Inc is 208441065. 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 Raw Spirit Festival Inc spend its money?

Raw Spirit Festival Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Raw Spirit Festival Inc's tax-exempt status?

You can verify Raw Spirit Festival Inc's tax-exempt status using EIN 208441065 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

Raw Spirit Festival Inc. demonstrates a fluctuating financial history, with recent years showing more stable, albeit modest, revenue and expense figures. In 2023, the organization reported revenue of $31,172 against expenses of $29,376, indicating a slight surplus. This is a positive shift from 2022, where expenses ($24,622) exceeded revenue ($13,194). The organization's assets are relatively low at $12,939 in 2023, especially when considering past liabilities that reached over $80,000 in earlier years, though these have since been eliminated. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-driven leadership, which is a strong indicator of financial efficiency and commitment to mission over personal gain. The organization's spending efficiency appears to be reasonable given its scale. With no reported officer compensation, a significant portion of its operational budget should theoretically be directed towards its programs. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, it's challenging to precisely assess the efficiency of its spending allocation. The absence of liabilities in recent years (2021-2023) is a significant improvement and indicates better financial management and stability compared to earlier periods where substantial liabilities were present. Transparency is generally good, as evidenced by the consistent filing of IRS Form 990s over many years. The clear reporting of revenue, expenses, assets, liabilities, and officer compensation provides a foundational understanding of its financial activities. The consistent 0% officer compensation is a strong positive for transparency and public trust. However, a more detailed breakdown of functional expenses would further enhance transparency and allow for a more granular analysis of how funds are being utilized across programs, administration, and fundraising.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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