Quick charity verification for Skagit Opera (EIN: 200156714)
Verdict: Skagit Opera appears trustworthy
90/100Mission Score
$215KRevenue
$174KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, especially from 2021 to 2023 ($27,043 to $233,683).
Zero reported officer compensation across all filings, indicating high efficiency.
Significant increase in assets, from $48,232 in 2020 to $135,439 in 2023.
Low and stable liabilities, consistently around $9,000.
Consistent IRS 990 filing history over 13 periods, demonstrating transparency.
Spending Breakdown
How Skagit Opera allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Skagit Opera
Is Skagit Opera a legitimate charity?
Based on AI analysis of IRS 990 filings, Skagit Opera (EIN: 200156714) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Skagit Opera a good charity to donate to?
Skagit Opera has a Mission Score of 90/100. Revenue: $215K. Assets: $174K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Skagit Opera?
The Employer Identification Number (EIN) for Skagit Opera is 200156714. 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 Skagit Opera spend its money?
Skagit Opera allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Skagit Opera's tax-exempt status?
You can verify Skagit Opera's tax-exempt status using EIN 200156714 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
Skagit Opera demonstrates a generally healthy financial trajectory, particularly in recent years. The organization has shown significant growth in revenue and assets, with revenue increasing from $27,043 in 2021 to $233,683 in 2023, and assets growing from $48,232 in 2020 to $135,439 in 2023. This indicates increasing donor support and effective financial management. The consistent reporting of 0% officer compensation across all filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of spending efficiency and transparency. While specific program spending ratios are not provided in the summary data, the overall financial health and lack of executive compensation are strong points.
The organization's liabilities have remained relatively stable and low, consistently around $9,000, which is a good sign of fiscal responsibility. The growth in assets, now at $173,643, provides a solid financial foundation for future operations. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency and compliance. Overall, Skagit Opera appears to be a financially sound and well-managed nonprofit, effectively growing its resources to support its mission.