Quick charity verification for Sequoyah Therapy Inc (EIN: 203756517)
Verdict: Sequoyah Therapy Inc has notable concerns
20/100Mission Score
$479KRevenue
$24KAssets
5Red Flags
1Strengths
Red Flags
Inconsistent financial reporting, with $0 revenue/expenses for 2021-2023 followed by a large, unexplained 'Latest Revenue' figure.
Assets consistently reported as $1 for the past four years, which is highly unusual for an active organization.
Lack of detailed expense breakdown for the 'Latest Revenue' figure, making spending efficiency impossible to assess.
Significant fluctuations in historical revenue and expenses without clear explanations in the provided data.
No officer compensation reported across all filings, which can be a red flag for transparency if key personnel are compensated through other means not disclosed.
Strengths
Historically low or no reported officer compensation, suggesting a volunteer-driven model or efficient use of funds if operations were active.
Spending Breakdown
How Sequoyah Therapy Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
Admin Costs
Reasonable — admin costs in check
0%
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 Sequoyah Therapy Inc
Is Sequoyah Therapy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sequoyah Therapy Inc (EIN: 203756517) has notable concerns. Mission Score: 20/100. 5 red flags identified, 1 strength noted.
Is Sequoyah Therapy Inc a good charity to donate to?
Sequoyah Therapy Inc has a Mission Score of 20/100. Revenue: $479K. Assets: $24K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sequoyah Therapy Inc?
The Employer Identification Number (EIN) for Sequoyah Therapy Inc is 203756517. 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 Sequoyah Therapy Inc spend its money?
Sequoyah Therapy Inc allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sequoyah Therapy Inc's tax-exempt status?
You can verify Sequoyah Therapy Inc's tax-exempt status using EIN 203756517 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
Sequoyah Therapy Inc. appears to be a very small organization with limited financial activity in recent years. The latest reported revenue of $478,506 is an anomaly compared to previous years, which consistently show revenues under $105,000, and even $0 for the last three reported periods (2021-2023). This significant discrepancy, coupled with assets consistently reported as $1 for the past four years, raises questions about the accuracy and completeness of the most recent revenue figure provided, or indicates a substantial, unexplained one-time event. The organization's financial health is difficult to assess without more detailed information on this latest revenue spike and its corresponding expenses.
The historical data shows periods where expenses exceeded revenue, such as in 2018 ($65,168 expenses vs. $49,189 revenue) and 2016 ($76,224 expenses vs. $43,354 revenue), indicating potential reliance on prior reserves or other funding sources. However, with assets consistently reported at $1 in recent filings, the organization's ability to sustain operations or manage liabilities is unclear. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-led or minimally compensated leadership structure, which can be a positive for efficiency, but also might indicate a lack of full-time professional management.
Transparency is a concern given the $0 revenue and expense filings for 2021-2023, followed by a sudden jump to $478,506 in the 'latest revenue' without corresponding expense data or asset growth. This lack of consistent, detailed financial reporting makes it challenging to fully understand the organization's operational scope and financial stability. Without a clear breakdown of how the $478,506 was generated and spent, assessing spending efficiency is impossible.