Quick charity verification for Taffety Punk Theatre Inc (EIN: 203839487)
Verdict: Taffety Punk Theatre Inc appears trustworthy
85/100Mission Score
$169KRevenue
$3KAssets
1Red Flags
4Strengths
Red Flags
Occasional operating deficits, such as the $30,000 deficit in 202312 (Expenses $201,621 vs. Revenue $171,572), which could strain reserves if persistent.
Strengths
Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
Zero liabilities reported in all available filings, demonstrating strong financial management and no reliance on debt.
Long operational history (10 filings) for a small arts organization, showing resilience and community support.
Strong program focus implied by the lack of executive compensation and lean administrative structure.
Spending Breakdown
How Taffety Punk Theatre Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Taffety Punk Theatre Inc
Is Taffety Punk Theatre Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Taffety Punk Theatre Inc (EIN: 203839487) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Taffety Punk Theatre Inc a good charity to donate to?
Taffety Punk Theatre Inc has a Mission Score of 85/100. Revenue: $169K. Assets: $3K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Taffety Punk Theatre Inc?
The Employer Identification Number (EIN) for Taffety Punk Theatre Inc is 203839487. 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 Taffety Punk Theatre Inc spend its money?
Taffety Punk Theatre Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Taffety Punk Theatre Inc's tax-exempt status?
You can verify Taffety Punk Theatre Inc's tax-exempt status using EIN 203839487 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
Taffety Punk Theatre Inc. demonstrates a consistent operational history, with revenues fluctuating but generally staying within the $100,000-$280,000 range over the past decade. The organization has maintained a lean financial structure, consistently reporting zero liabilities across all available filings, which indicates strong fiscal management and a lack of reliance on debt. While the latest filing (202312) shows expenses exceeding revenue by approximately $30,000, this is not an uncommon occurrence for smaller arts organizations and appears to be managed without accumulating debt. The organization's assets have varied, with a notable increase to $48,610 in 202212 before decreasing to $18,561 in 202312, suggesting a dynamic financial environment typical of project-based operations. The consistent reporting of 0% officer compensation across all filings is a significant indicator of efficiency and a strong commitment to directing funds towards the mission, rather than executive salaries.
The organization's financial health appears stable for its size, with a clear pattern of managing expenses closely to revenue. The absence of liabilities is a major strength, providing financial flexibility. The transparency is excellent given the consistent filing of 990s and the clear reporting of financial data, including the absence of executive compensation. This suggests a highly volunteer-driven or modestly compensated leadership structure, which is often a positive sign for donor confidence. The primary challenge appears to be maintaining consistent revenue streams to cover expenses, as evidenced by periods where expenses slightly outpace income, such as in 202312.