Quick charity verification for Stonington Quarry Museum Inc (EIN: 10502652)
Verdict: Stonington Quarry Museum Inc appears trustworthy
85/100Mission Score
$0Revenue
$0Assets
2Red Flags
4Strengths
Red Flags
Limited financial history makes long-term trend analysis difficult
Latest reported revenue and assets are $0, which contradicts the 2022 filing data, suggesting potential data entry or reporting discrepancies for the 'latest' figures.
Strengths
Strong financial surplus in 2022 ($95,625)
No officer compensation reported in 2022 filing
Very low expenses relative to revenue in 2022 ($9,871 expenses vs. $105,496 revenue)
Positive asset growth from $0 to $71,030 in 2022
Spending Breakdown
How Stonington Quarry Museum Inc 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 Stonington Quarry Museum Inc
Is Stonington Quarry Museum Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Stonington Quarry Museum Inc (EIN: 10502652) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Stonington Quarry Museum Inc a good charity to donate to?
Stonington Quarry Museum Inc has a Mission Score of 85/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Stonington Quarry Museum Inc?
The Employer Identification Number (EIN) for Stonington Quarry Museum Inc is 10502652. 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 Stonington Quarry Museum Inc spend its money?
Stonington Quarry Museum Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Stonington Quarry Museum Inc's tax-exempt status?
You can verify Stonington Quarry Museum Inc's tax-exempt status using EIN 10502652 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
Stonington Quarry Museum Inc appears to be in a very early stage of development or has minimal financial activity, as indicated by its latest reported revenue and assets of $0. However, the single available IRS 990 filing for the period ending December 2022 shows revenue of $105,496 and expenses of $9,871, resulting in a significant surplus. This suggests that the organization is either accumulating funds for future projects or has very low operational costs relative to its income. The lack of reported officer compensation in this filing is a positive sign for donor confidence, indicating that funds are not being used for executive salaries at this stage. Given the limited data, a comprehensive assessment of long-term financial health and spending efficiency is challenging, but the initial filing shows a strong financial position with expenses well below revenue.