Quick charity verification for Soorya Performing Arts (EIN: 200491702)
Verdict: Soorya Performing Arts appears trustworthy
90/100Mission Score
$100KRevenue
$76KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial surpluses (e.g., $10,805 in 2023)
Significant asset growth (from $2,256 in 2019 to $89,002 in 2023)
Zero liabilities reported across all filings, indicating no debt
0% officer compensation, suggesting volunteer leadership and high efficiency
Consistent IRS 990 filing history (13 filings), demonstrating transparency
Spending Breakdown
How Soorya Performing Arts 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 Soorya Performing Arts
Is Soorya Performing Arts a legitimate charity?
Based on AI analysis of IRS 990 filings, Soorya Performing Arts (EIN: 200491702) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Soorya Performing Arts a good charity to donate to?
Soorya Performing Arts has a Mission Score of 90/100. Revenue: $100K. Assets: $76K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Soorya Performing Arts?
The Employer Identification Number (EIN) for Soorya Performing Arts is 200491702. 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 Soorya Performing Arts spend its money?
Soorya Performing Arts allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Soorya Performing Arts's tax-exempt status?
You can verify Soorya Performing Arts's tax-exempt status using EIN 200491702 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
Soorya Performing Arts demonstrates consistent financial health, operating with positive net income in most recent years. For example, in 2023, the organization reported revenue of $84,297 against expenses of $73,492, indicating a surplus. Their assets have shown significant growth, increasing from $2,256 in 2019 to $89,002 in 2023, suggesting prudent financial management and accumulation of reserves. The organization consistently reports zero liabilities, which is a strong indicator of financial stability and low risk. The absence of officer compensation across all reported periods suggests a volunteer-driven leadership model, which can contribute to higher program spending efficiency.
Spending efficiency appears strong, particularly given the lack of reported officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall expense ratios (expenses as a percentage of revenue) are generally healthy. For instance, in 2023, expenses were approximately 87% of revenue ($73,492 / $84,297), leaving a significant portion for mission-related activities or reserves. The consistent growth in assets without incurring liabilities further supports efficient resource allocation.
Transparency is generally good, with 13 filings available, indicating regular compliance with IRS reporting requirements. The consistent reporting of zero officer compensation enhances trust, as it suggests resources are directed towards the mission rather than executive salaries. However, without a detailed functional expense statement, it's challenging to precisely assess the exact proportion of spending dedicated to programs versus administrative or fundraising costs. The consistent filing history and clear financial trends contribute positively to their transparency profile.