Is Tacc Inc Legit?

Red Flags

Negative revenue reported in 2020 (-$2,043), indicating significant financial distress that year.
History of fluctuating revenue and periods where expenses exceeded revenue, such as 2019 (Revenue $34,625, Expenses $61,931) and 2018 (Revenue $52,017, Expenses $71,799).
Significant liabilities in prior years, reaching $420,745 in 2018, which could indicate past financial management challenges.

Strengths

Consistent reporting of 0% officer compensation across all filings, suggesting volunteer leadership or efficient compensation structures.
Strong financial recovery in recent years, moving from liabilities to zero liabilities and growing assets to $91,041 by 2023.
Positive net income in the last two reported periods (2022 and 2023), indicating effective expense management relative to revenue.
Accumulated assets of $91,041 with no liabilities in 2023, providing a solid financial base for a small organization.

Spending Breakdown

How Tacc 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

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 Tacc Inc

Is Tacc Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Tacc Inc (EIN: 201164461) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.

Is Tacc Inc a good charity to donate to?

Tacc Inc has a Mission Score of 75/100. Revenue: $74K. Assets: $91K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Tacc Inc?

The Employer Identification Number (EIN) for Tacc Inc is 201164461. 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 Tacc Inc spend its money?

Tacc Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Tacc Inc's tax-exempt status?

You can verify Tacc Inc's tax-exempt status using EIN 201164461 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

Tacc Inc, operating in Tucson, AZ, demonstrates a fluctuating financial history but has shown recent positive trends. In 2023, the organization reported revenue of $67,991 against expenses of $44,168, resulting in a surplus that contributed to an increase in assets to $91,041 with no liabilities. This marks a significant improvement from earlier years, such as 2020, when it reported negative revenue of $-2,043 and expenses of $31,277, leading to a substantial liability of $30,184.

The organization's spending efficiency appears to be improving, with expenses consistently lower than revenue in the most recent two periods (2023 and 2022). The absence of officer compensation reported across all available filings suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive indicator for donor confidence. However, without a detailed breakdown of expenses into program, administrative, and fundraising costs, a precise assessment of spending efficiency is challenging.

Transparency is generally good given the availability of 12 years of filing data. The consistent reporting of zero officer compensation is a notable point. The organization's ability to eliminate liabilities and grow assets in recent years, from $37,884 in assets and $30,184 in liabilities in 2020 to $91,041 in assets and $0 in liabilities in 2023, indicates a strong recovery and improved financial management.

Verdict: Tacc Inc appears trustworthy