Is T O U C H Therapy Inc Legit?

Quick charity verification for T O U C H Therapy Inc (EIN: 205492539)

Verdict: T O U C H Therapy Inc appears trustworthy

90/100Mission Score

$2.6MRevenue

$1.6MAssets

2Red Flags

4Strengths

Red Flags

Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting full spending efficiency analysis
0% officer compensation reported, which is unusual for an organization of this size and could indicate compensation is reported elsewhere or that the executive structure is entirely volunteer-based, warranting further inquiry.

Strengths

Consistent and significant revenue growth from $258,778 in 2020 to $2,630,808 in 2023.
Strong financial health demonstrated by consistent surpluses (revenue exceeding expenses) in all reported periods.
Substantial growth in net assets, from $61,400 in 2020 to $1,667,584 in 2023.
Reported 0% officer compensation across all filings, suggesting a high dedication to mission or volunteer leadership.

Spending Breakdown

How T O U C H Therapy Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 T O U C H Therapy Inc

Is T O U C H Therapy Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, T O U C H Therapy Inc (EIN: 205492539) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.

Is T O U C H Therapy Inc a good charity to donate to?

T O U C H Therapy Inc has a Mission Score of 90/100. Revenue: $2.6M. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for T O U C H Therapy Inc?

The Employer Identification Number (EIN) for T O U C H Therapy Inc is 205492539. 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 T O U C H Therapy Inc spend its money?

T O U C H Therapy Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify T O U C H Therapy Inc's tax-exempt status?

You can verify T O U C H Therapy Inc's tax-exempt status using EIN 205492539 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

TOUCH Therapy Inc. demonstrates strong financial health and growth, with revenue increasing from $258,778 in 2020 to $2,630,808 in 2023. The organization consistently reports positive net assets, growing from $61,400 in 2020 to $1,667,584 in 2023, indicating sound financial management and accumulation of resources. Their liabilities have fluctuated, with a notable increase to $1,536 in 2023, which warrants monitoring but does not appear to be a significant concern given their asset base.

The organization's spending efficiency appears robust, as evidenced by their consistent ability to generate significant surpluses (revenue exceeding expenses) across all reported periods. For instance, in 2023, they had a surplus of over $550,000 ($2,630,808 revenue minus $2,072,270 expenses). A key indicator of their commitment to mission is the reported 0% officer compensation across all filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive sign for donor confidence. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited.

Regarding transparency, the consistent filing of IRS Form 990s over four periods is a positive sign. The absence of reported officer compensation is also a transparent disclosure. However, to fully assess transparency and spending efficiency, more granular data on functional expenses (program, administrative, fundraising) would be beneficial. The NTEE code G30 (Rehabilitative Medical Services) clearly defines their mission, aligning with their name and suggesting a focused program area.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.