Quick charity verification for Tamarindo Foundation Inc (EIN: 202411268)
Verdict: Tamarindo Foundation Inc appears trustworthy
85/100Mission Score
$346KRevenue
$389KAssets
2Red Flags
4Strengths
Red Flags
Significant expense fluctuations without detailed functional expense breakdowns make it difficult to fully assess spending efficiency.
Periods of substantial deficits (e.g., 2019 and 2020) could indicate inconsistent funding or large, unbudgeted expenditures.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds and potential volunteer leadership.
Zero reported liabilities across all 14 filings, demonstrating strong financial management and a debt-free status.
Consistent asset growth over the past decade, from $109,001 in 2014 to $388,773 in the latest filing, indicating financial stability.
Long history of IRS 990 filings (14 periods), providing good transparency and historical financial data.
Spending Breakdown
How Tamarindo Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Tamarindo Foundation Inc
Is Tamarindo Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tamarindo Foundation Inc (EIN: 202411268) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Tamarindo Foundation Inc a good charity to donate to?
Tamarindo Foundation Inc has a Mission Score of 85/100. Revenue: $346K. Assets: $389K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tamarindo Foundation Inc?
The Employer Identification Number (EIN) for Tamarindo Foundation Inc is 202411268. 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 Tamarindo Foundation Inc spend its money?
Tamarindo Foundation Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tamarindo Foundation Inc's tax-exempt status?
You can verify Tamarindo Foundation Inc's tax-exempt status using EIN 202411268 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
Tamarindo Foundation Inc. demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $388,773 in its latest filing. The organization has maintained a healthy balance sheet with zero reported liabilities across all available filings, indicating strong financial management and a low-risk profile. While revenue and expenses have fluctuated, the organization has shown periods of significant surplus, such as in 2017 ($380,358 revenue vs. $188,090 expenses) and 2021 ($341,815 revenue vs. $241,061 expenses), contributing to its asset accumulation. However, there have also been years with deficits, notably in 2019 ($281,378 revenue vs. $438,840 expenses) and 2020 ($206,519 revenue vs. $326,872 expenses), suggesting variability in operational funding or project-based spending.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s over 14 periods, providing a comprehensive financial history. A key strength in its financial health is the consistent reporting of 0% officer compensation across all filings, which suggests that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, potentially indicating a high dedication to mission and efficient use of funds. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging, but the absence of officer compensation is a positive indicator for donor confidence.
Overall, Tamarindo Foundation Inc. appears to be a financially sound organization with a strong commitment to maintaining a debt-free status and a history of building assets. The lack of officer compensation is a significant positive for transparency and efficiency. Further analysis would benefit from a detailed breakdown of functional expenses to fully evaluate program spending ratios.