Quick charity verification for Reading Village (EIN: 208520265)
Verdict: Reading Village appears trustworthy
70/100Mission Score
$0Revenue
$0Assets
2Red Flags
4Strengths
Red Flags
Latest reported revenue and assets are $0, contradicting historical financial health.
Lack of detailed expense breakdown (program, admin, fundraising) in provided data.
Strengths
Consistent IRS 990 filing history demonstrates transparency.
No reported officer compensation, indicating efficient use of funds at the leadership level.
Positive net assets and asset growth over several years (e.g., from $55,502 in 2011 to $213,217 in 2017).
Maintained operations and revenue generation over a decade.
Spending Breakdown
How Reading Village 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 Reading Village
Is Reading Village a legitimate charity?
Based on AI analysis of IRS 990 filings, Reading Village (EIN: 208520265) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.
Is Reading Village a good charity to donate to?
Reading Village has a Mission Score of 70/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Reading Village?
The Employer Identification Number (EIN) for Reading Village is 208520265. 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 Reading Village spend its money?
Reading Village allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Reading Village's tax-exempt status?
You can verify Reading Village's tax-exempt status using EIN 208520265 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
Reading Village appears to be a small, consistently operating nonprofit based on its IRS 990 filings. The organization has maintained a relatively stable level of revenue and expenses over the past several years, with revenues ranging from $77,339 in 2011 to $345,660 in 2015. While there have been periods where expenses exceeded revenue, such as in 2017 ($301,483 expenses vs. $263,908 revenue), the organization has generally managed its finances to maintain positive net assets, reaching a high of $258,119 in 2016. The consistent filing of 990s demonstrates a commitment to transparency, and the absence of reported officer compensation suggests a volunteer-led or very lean operational structure, which can be a positive indicator for donor confidence.
However, the provided data lacks a detailed breakdown of expenses into program, administrative, and fundraising categories, making a precise assessment of spending efficiency challenging. Without this information, it's difficult to determine what percentage of funds directly support their mission. The organization's assets have grown over time, indicating some financial stability, but the most recent data provided shows $0 revenue and $0 assets, which contradicts the historical trend and suggests either a data discrepancy or a significant recent change not reflected in the historical filings. Assuming the historical data is more representative, Reading Village has demonstrated a capacity to manage its finances and grow its asset base over time.
To fully assess financial health and spending efficiency, more granular expense data is needed. The consistent growth in assets from $55,502 in 2011 to $213,217 in 2017 (excluding the $0 latest data point) suggests prudent financial management over the long term. The lack of officer compensation is a notable positive for a small organization, implying that a significant portion of funds, after operational costs, would likely go towards programmatic activities.