High liabilities relative to assets (e.g., 2023: $120,431 liabilities vs. $58,547 assets)
Low asset base for an organization of its revenue size
Strengths
Consistent program delivery as indicated by sustained revenue levels over time
No reported officer compensation, potentially indicating volunteer leadership or efficient use of funds in that area
Consistent filing of IRS 990s, demonstrating transparency
Spending Breakdown
How Summer Theatre Of New Canaan Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Summer Theatre Of New Canaan Inc
Is Summer Theatre Of New Canaan Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Summer Theatre Of New Canaan Inc (EIN: 200936471) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Summer Theatre Of New Canaan Inc a good charity to donate to?
Summer Theatre Of New Canaan Inc has a Mission Score of 65/100. Revenue: $782K. Assets: $65K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Summer Theatre Of New Canaan Inc?
The Employer Identification Number (EIN) for Summer Theatre Of New Canaan Inc is 200936471. 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 Summer Theatre Of New Canaan Inc spend its money?
Summer Theatre Of New Canaan Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Summer Theatre Of New Canaan Inc's tax-exempt status?
You can verify Summer Theatre Of New Canaan Inc's tax-exempt status using EIN 200936471 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
Summer Theatre Of New Canaan Inc demonstrates a consistent commitment to its mission of providing theatrical productions, as evidenced by its program spending. However, the organization frequently operates with expenses exceeding revenue, as seen in 2023 ($752,931 expenses vs. $684,813 revenue) and 2022 ($772,343 expenses vs. $736,962 revenue). This trend of deficit spending, coupled with relatively low asset levels compared to liabilities, suggests a need for improved financial management and sustainability planning. While the organization reports 0% officer compensation, which can be a positive for donor perception, the overall financial health indicates a reliance on continuous fundraising to cover operational costs rather than building substantial reserves.
The organization's transparency is generally good, with consistent IRS 990 filings. The absence of reported officer compensation is a notable aspect of its financial structure. However, the recurring deficits and the high ratio of liabilities to assets (e.g., 2023: $120,431 liabilities vs. $58,547 assets) raise questions about long-term financial stability. Donors should consider these financial trends when evaluating the organization's capacity to sustain its programs without significant financial strain.