Quick charity verification for Talquin Water And Wastewater Inc (EIN: 204787395)
Verdict: Talquin Water And Wastewater Inc appears trustworthy
85/100Mission Score
$17.6MRevenue
$94.1MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation for a large organization, which may indicate compensation is reported in other categories or a fully volunteer executive team, requiring further investigation for full transparency.
Strengths
Consistent revenue growth, from $11.7M in 2013 to $15.6M in 2022.
Significant asset growth, from $59.8M in 2013 to $80.7M in 2022, indicating strong financial health.
No reported officer compensation, suggesting a high dedication of funds to operations or a volunteer-led executive structure.
Expenses generally kept below revenue, leading to positive net assets and financial stability.
Spending Breakdown
How Talquin Water And Wastewater Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Talquin Water And Wastewater Inc
Is Talquin Water And Wastewater Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Talquin Water And Wastewater Inc (EIN: 204787395) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Talquin Water And Wastewater Inc a good charity to donate to?
Talquin Water And Wastewater Inc has a Mission Score of 85/100. Revenue: $17.6M. Assets: $94.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Talquin Water And Wastewater Inc?
The Employer Identification Number (EIN) for Talquin Water And Wastewater Inc is 204787395. 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 Talquin Water And Wastewater Inc spend its money?
Talquin Water And Wastewater Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Talquin Water And Wastewater Inc's tax-exempt status?
You can verify Talquin Water And Wastewater Inc's tax-exempt status using EIN 204787395 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
Talquin Water And Wastewater Inc demonstrates consistent financial growth and stability over the past decade. Revenue has steadily increased from $11,697,582 in 2013 to $15,566,228 in 2022, indicating a healthy operational scale. The organization consistently reports 0% officer compensation, which is a significant indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. While specific program spending ratios are not detailed in the provided data, the absence of officer compensation suggests a strong focus on operational efficiency. The organization's assets have also grown substantially, from $59,807,431 in 2013 to $80,698,020 in 2022, further solidifying its financial health and capacity to deliver services.
The consistent growth in assets and revenue, coupled with controlled expenses, suggests prudent financial management. The organization's liabilities have also increased in proportion to its assets, which is typical for a utility-type entity with significant infrastructure investments. The lack of reported officer compensation is a notable positive for transparency, as it implies that leadership is either volunteer-based or compensated through other means not categorized as officer compensation on the 990, which would require further investigation for a complete picture. Overall, the available data points to a financially sound and well-managed organization.