Is Round The Mountain Southwest Virginias Artisan Network Legit?
Quick charity verification for Round The Mountain Southwest Virginias Artisan Network (EIN: 202784463)
Verdict: Round The Mountain Southwest Virginias Artisan Network appears trustworthy
85/100Mission Score
$178KRevenue
$138KAssets
2Red Flags
4Strengths
Red Flags
Historical periods of significant net losses (e.g., 201706, 201506) indicate past financial instability.
Fluctuating revenue streams over the years suggest potential challenges in consistent fundraising or grant acquisition.
Strengths
Consistent 0% officer compensation demonstrates exceptional dedication to mission and efficient resource allocation.
Recent positive net income and asset growth (e.g., $78,661 revenue vs. $71,946 expenses in 202406) indicate improving financial health.
Long history of IRS 990 filings (14 filings) shows a commitment to transparency and compliance.
Growth in assets from $32,298 in 202006 to $66,218 in 202406 reflects increasing financial stability.
Spending Breakdown
How Round The Mountain Southwest Virginias Artisan Network 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 Round The Mountain Southwest Virginias Artisan Network
Is Round The Mountain Southwest Virginias Artisan Network a legitimate charity?
Based on AI analysis of IRS 990 filings, Round The Mountain Southwest Virginias Artisan Network (EIN: 202784463) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Round The Mountain Southwest Virginias Artisan Network a good charity to donate to?
Round The Mountain Southwest Virginias Artisan Network has a Mission Score of 85/100. Revenue: $178K. Assets: $138K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Round The Mountain Southwest Virginias Artisan Network?
The Employer Identification Number (EIN) for Round The Mountain Southwest Virginias Artisan Network is 202784463. 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 Round The Mountain Southwest Virginias Artisan Network spend its money?
Round The Mountain Southwest Virginias Artisan Network allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Round The Mountain Southwest Virginias Artisan Network's tax-exempt status?
You can verify Round The Mountain Southwest Virginias Artisan Network's tax-exempt status using EIN 202784463 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
Round The Mountain Southwest Virginias Artisan Network demonstrates a fluctuating financial history, with recent years showing a positive trend in revenue and asset growth. In the latest period (202406), the organization reported revenues of $78,661 against expenses of $71,946, resulting in a surplus. This marks a significant improvement from earlier periods, such as 201706 and 201506, where expenses substantially exceeded revenue, leading to net losses. The organization's assets have also shown consistent growth, reaching $66,218 in 202406 from $32,298 in 202006, indicating a strengthening financial position.
The organization appears to maintain strong spending efficiency, particularly given its consistent reporting of 0% officer compensation across all available filings. This suggests that a very high proportion of its expenditures are directed towards its programs and operational costs rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation is a positive indicator of resource allocation. The organization's consistent filing of IRS 990 forms over 14 periods also points to a commitment to transparency.
Overall, Round The Mountain has navigated periods of financial challenge and appears to be on a more stable and growing trajectory. Its commitment to zero officer compensation is a notable strength, suggesting a lean operational model focused on its mission. The growth in assets and recent positive net income further support a positive assessment of its financial health and spending efficiency.