Quick charity verification for Rhode Island Childrens Chorus Inc (EIN: 204168088)
Verdict: Rhode Island Childrens Chorus Inc appears trustworthy
92/100Mission Score
$216KRevenue
$342KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth from $148,604 (2015) to $224,271 (2024).
Healthy asset accumulation, growing from $160,531 (2015) to $337,381 (2024).
Zero reported officer compensation across all 14 filings, indicating high efficiency.
Very low or zero liabilities, demonstrating sound financial management.
Expenses consistently below revenue, allowing for financial reserves and growth.
Spending Breakdown
How Rhode Island Childrens Chorus Inc 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 Rhode Island Childrens Chorus Inc
Is Rhode Island Childrens Chorus Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rhode Island Childrens Chorus Inc (EIN: 204168088) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Rhode Island Childrens Chorus Inc a good charity to donate to?
Rhode Island Childrens Chorus Inc has a Mission Score of 92/100. Revenue: $216K. Assets: $342K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rhode Island Childrens Chorus Inc?
The Employer Identification Number (EIN) for Rhode Island Childrens Chorus Inc is 204168088. 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 Rhode Island Childrens Chorus Inc spend its money?
Rhode Island Childrens Chorus Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rhode Island Childrens Chorus Inc's tax-exempt status?
You can verify Rhode Island Childrens Chorus Inc's tax-exempt status using EIN 204168088 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 Rhode Island Childrens Chorus Inc demonstrates consistent financial growth and strong program focus over the past decade. Revenue has steadily increased from $148,604 in 2015 to $224,271 in 2024, indicating growing support for its mission. The organization maintains a healthy asset base, growing from $160,531 in 2015 to $337,381 in 2024, providing a solid financial foundation. Expenses have generally remained well below revenue, allowing for asset accumulation and financial stability.
Spending efficiency appears high, with no reported officer compensation across all available filings, suggesting a volunteer-led or very lean administrative structure. This contributes to a greater proportion of funds being available for program delivery. The organization's liabilities have remained very low, often at zero, indicating sound financial management and minimal debt.
Overall, the Rhode Island Childrens Chorus Inc exhibits strong financial health, efficient spending practices, and a clear commitment to its mission, as evidenced by its consistent growth and prudent financial management. The absence of officer compensation is a notable indicator of its dedication to maximizing program impact.