Quick charity verification for Sound Of Rain (EIN: 201531948)
Verdict: Sound Of Rain appears trustworthy
85/100Mission Score
$51KRevenue
$70KAssets
1Red Flags
4Strengths
Red Flags
Inconsistent revenue stream prior to 2023, with several years showing expenses exceeding revenue.
Strengths
Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Significant growth in revenue and assets in the latest filing period (202312), demonstrating increased financial capacity.
Zero liabilities reported across all filings, indicating sound financial management and no debt.
Strong program focus implied by the lack of executive compensation, suggesting most expenses are mission-related.
Spending Breakdown
How Sound Of Rain allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Sound Of Rain
Is Sound Of Rain a legitimate charity?
Based on AI analysis of IRS 990 filings, Sound Of Rain (EIN: 201531948) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Sound Of Rain a good charity to donate to?
Sound Of Rain has a Mission Score of 85/100. Revenue: $51K. Assets: $70K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sound Of Rain?
The Employer Identification Number (EIN) for Sound Of Rain is 201531948. 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 Sound Of Rain spend its money?
Sound Of Rain allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sound Of Rain's tax-exempt status?
You can verify Sound Of Rain's tax-exempt status using EIN 201531948 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
Sound Of Rain demonstrates a fluctuating financial performance over the past decade, with a notable surge in revenue and assets in the most recent filing period (202312). In 2023, the organization reported revenue of $169,013 against expenses of $45,156, resulting in a significant surplus and an increase in assets to $131,504. This contrasts sharply with previous years where revenue and expenses were more closely matched, and assets remained relatively low, often under $2,000. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer-driven leadership and efficient use of donor funds for programmatic activities rather than executive salaries. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency beyond the overall low administrative burden suggested by the lack of officer compensation.
The organization's financial health appears to have significantly improved in the latest period, moving from a pattern of modest operations and occasional deficits to a substantial surplus and asset growth. This recent positive trend suggests increased fundraising success or a major gift. The consistent reporting of zero liabilities across all filings indicates sound financial management and a lack of debt. While the NTEE code X19 is broad, the financial data points to a lean operational model. Further transparency regarding program expenses versus administrative and fundraising costs would provide a more complete picture of their spending efficiency and impact.