Quick charity verification for Seattle Out And Proud Inc (EIN: 203784927)
Verdict: Seattle Out And Proud Inc appears trustworthy
85/100Mission Score
$220KRevenue
$424KAssets
1Red Flags
4Strengths
Red Flags
Operating deficit in the latest fiscal period (202308), with expenses exceeding revenue by $76,059.
Strengths
Consistent 0% officer compensation across all 14 filings, indicating high efficiency and mission focus.
Significant revenue growth from $267,305 in 201408 to $1,145,673 in 202308.
Substantial asset growth from $25,272 in 201408 to $761,374 in 202308, demonstrating financial stability.
Long history of consistent IRS 990 filings (14 filings), indicating strong transparency.
Spending Breakdown
How Seattle Out And Proud 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 Seattle Out And Proud Inc
Is Seattle Out And Proud Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Seattle Out And Proud Inc (EIN: 203784927) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Seattle Out And Proud Inc a good charity to donate to?
Seattle Out And Proud Inc has a Mission Score of 85/100. Revenue: $220K. Assets: $424K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Seattle Out And Proud Inc?
The Employer Identification Number (EIN) for Seattle Out And Proud Inc is 203784927. 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 Seattle Out And Proud Inc spend its money?
Seattle Out And Proud Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Seattle Out And Proud Inc's tax-exempt status?
You can verify Seattle Out And Proud Inc's tax-exempt status using EIN 203784927 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
Seattle Out And Proud Inc demonstrates a generally healthy financial trajectory, with significant revenue growth over the past decade, culminating in over $1.1 million in revenue in the latest 202308 filing. While the organization experienced a slight deficit in the most recent period (expenses of $1,221,732 against revenues of $1,145,673), this follows several years of strong revenue generation and asset accumulation. The organization's assets have grown substantially, reaching $761,374 in 202308, indicating good financial stewardship and capacity. A notable strength is the consistent reporting of 0% officer compensation across all available filings, which suggests a strong commitment to directing funds towards its mission rather than executive salaries.
Spending efficiency appears reasonable, though specific program, administrative, and fundraising breakdowns are not provided in the summary data. However, the consistent growth in both revenue and expenses suggests an expanding operational scope. The absence of officer compensation is a positive indicator for efficiency. The organization's transparency is high given the consistent filing of IRS Form 990s over 14 periods, providing a clear historical financial record.
Overall, Seattle Out And Proud Inc appears to be a financially stable and growing organization with a strong commitment to its mission, as evidenced by its financial growth and lack of executive compensation. The recent deficit warrants monitoring, but the overall trend of asset growth and revenue expansion is positive.