Is Society For Preservation & Encourmt Of Barbershop Quartet Singing Amer Legit?
Quick charity verification for Society For Preservation & Encourmt Of Barbershop Quartet Singing Amer (EIN: 20333790)
Verdict: Society For Preservation & Encourmt Of Barbershop Quartet Singing Amer appears trustworthy
92/100Mission Score
$29KRevenue
$84KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $17,010 in 2013 to $81,587 in 2023.
Zero reported liabilities across all 12 filing periods, indicating strong financial stability.
0% officer compensation reported, suggesting highly efficient use of funds for mission-related activities.
Regular and consistent filing of IRS 990 forms, demonstrating strong transparency.
Expenses generally managed well within revenue, as seen in 2023 ($18,252 revenue vs. $17,852 expenses).
Spending Breakdown
How Society For Preservation & Encourmt Of Barbershop Quartet Singing Amer allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Society For Preservation & Encourmt Of Barbershop Quartet Singing Amer
Is Society For Preservation & Encourmt Of Barbershop Quartet Singing Amer a legitimate charity?
Based on AI analysis of IRS 990 filings, Society For Preservation & Encourmt Of Barbershop Quartet Singing Amer (EIN: 20333790) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Society For Preservation & Encourmt Of Barbershop Quartet Singing Amer a good charity to donate to?
Society For Preservation & Encourmt Of Barbershop Quartet Singing Amer has a Mission Score of 92/100. Revenue: $29K. Assets: $84K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Society For Preservation & Encourmt Of Barbershop Quartet Singing Amer?
The Employer Identification Number (EIN) for Society For Preservation & Encourmt Of Barbershop Quartet Singing Amer is 20333790. 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 Society For Preservation & Encourmt Of Barbershop Quartet Singing Amer spend its money?
Society For Preservation & Encourmt Of Barbershop Quartet Singing Amer allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Society For Preservation & Encourmt Of Barbershop Quartet Singing Amer's tax-exempt status?
You can verify Society For Preservation & Encourmt Of Barbershop Quartet Singing Amer's tax-exempt status using EIN 20333790 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 Society For Preservation & Encourmt Of Barbershop Quartet Singing Amer demonstrates consistent financial stability, with assets growing from $17,010 in 2013 to $81,587 in 2023. Revenue has fluctuated, peaking at $34,029 in 2022 and averaging around $20,000-$30,000 annually. The organization consistently manages its expenses below or near its revenue, as seen in 2023 where revenue was $18,252 and expenses were $17,852, indicating sound financial management. The absence of liabilities across all reported periods is a significant positive indicator of financial health.
Spending efficiency appears strong, particularly given the reported 0% officer compensation across all filings, suggesting that leadership is likely volunteer-based or compensated through other means not categorized as officer compensation. This contributes to a higher proportion of funds potentially directed towards program services. The organization's consistent filing of IRS 990 forms over 12 periods demonstrates a commitment to transparency, allowing public scrutiny of its financial operations.
Overall, the organization exhibits a healthy financial profile with responsible spending and a clear commitment to transparency through regular public filings. The consistent growth in assets without incurring liabilities further underscores its prudent financial stewardship.