Quick charity verification for Sweet Chariot Music Festival (EIN: 10460062)
Verdict: Sweet Chariot Music Festival shows mixed signals
60/100Mission Score
$0Revenue
$0Assets
2Red Flags
3Strengths
Red Flags
No recent IRS 990 filings available beyond 2015
Reported $0 revenue and assets for the latest period, indicating potential inactivity
Strengths
Operated with a surplus in 2015 ($20,090 revenue vs. $9,999 expenses)
No liabilities reported in 2015
No officer compensation reported in 2015, indicating volunteer leadership
Spending Breakdown
How Sweet Chariot Music Festival allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
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 Sweet Chariot Music Festival
Is Sweet Chariot Music Festival a legitimate charity?
Based on AI analysis of IRS 990 filings, Sweet Chariot Music Festival (EIN: 10460062) shows mixed signals. Mission Score: 60/100. 2 red flags identified, 3 strengths noted.
Is Sweet Chariot Music Festival a good charity to donate to?
Sweet Chariot Music Festival has a Mission Score of 60/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sweet Chariot Music Festival?
The Employer Identification Number (EIN) for Sweet Chariot Music Festival is 10460062. 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 Sweet Chariot Music Festival spend its money?
Sweet Chariot Music Festival allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sweet Chariot Music Festival's tax-exempt status?
You can verify Sweet Chariot Music Festival's tax-exempt status using EIN 10460062 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
Sweet Chariot Music Festival appears to be a very small, nascent organization based on its single available IRS 990 filing from 2015. With reported revenue of $20,090 and expenses of $9,999, the organization operated with a surplus in that period. Its assets were minimal at $291, and it reported no liabilities, indicating a clean balance sheet for its size. The lack of more recent filings or any reported revenue/assets for the latest period suggests the organization may be inactive or has not met filing thresholds in subsequent years, which limits a comprehensive assessment of its current financial health and ongoing operational efficiency. The absence of officer compensation indicates that, at least in 2015, leadership was likely volunteer-based, which is common for very small nonprofits.