Quick charity verification for Read And Feed (EIN: 203246207)
Verdict: Read And Feed appears trustworthy
92/100Mission Score
$628KRevenue
$989KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Strong asset growth over the past decade, reaching nearly $1 million in 202306.
Expenses consistently lower than revenue in most recent periods, demonstrating sound financial management.
Low liabilities relative to assets, indicating financial stability.
High program efficiency due to minimal overhead from executive salaries.
Spending Breakdown
How Read And Feed allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Read And Feed
Is Read And Feed a legitimate charity?
Based on AI analysis of IRS 990 filings, Read And Feed (EIN: 203246207) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Read And Feed a good charity to donate to?
Read And Feed has a Mission Score of 92/100. Revenue: $628K. Assets: $989K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Read And Feed?
The Employer Identification Number (EIN) for Read And Feed is 203246207. 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 Read And Feed spend its money?
Read And Feed allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Read And Feed's tax-exempt status?
You can verify Read And Feed's tax-exempt status using EIN 203246207 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
Read And Feed demonstrates a generally healthy financial position, with strong asset growth over the past decade, reaching nearly $1 million in the latest filing period (202306). The organization has consistently maintained a positive net asset balance, indicating good financial stewardship. While revenue saw a significant dip from $1,083,677 in 202206 to $628,125 in 202306, expenses also decreased, suggesting adaptive management. The organization's liabilities remain relatively low compared to its assets, indicating a stable financial structure.
Spending efficiency appears strong, with expenses consistently lower than revenue in most recent periods, allowing for asset accumulation. The absence of officer compensation reported across all filings is a significant indicator of volunteer-driven leadership, which can contribute to lower administrative costs and a higher proportion of funds directed towards programs. This commitment to volunteer leadership enhances the organization's transparency and efficiency.
Overall, Read And Feed exhibits good financial health, efficient spending practices, and a high degree of transparency, particularly through its consistent reporting of zero officer compensation. The organization's ability to grow its assets while maintaining relatively low liabilities and a volunteer-led structure speaks to its sound financial management and dedication to its mission.