Quick charity verification for Tamc Title Corp (EIN: 10389226)
Verdict: Tamc Title Corp shows mixed signals
65/100Mission Score
$0Revenue
$0Assets
3Red Flags
3Strengths
Red Flags
Latest filing shows $0 revenue and assets, indicating potential inactivity or cessation of operations.
NTEE code is unknown, limiting understanding of its mission and sector.
Lack of detailed expense breakdown prevents a thorough analysis of spending efficiency.
Strengths
Consistent reporting of 0% officer compensation across all filings, suggesting efficient use of funds if leadership is volunteer-based.
Historically, expenses were generally lower than revenues, indicating financial stability in prior years.
Five years of IRS 990 filing history available, demonstrating a history of compliance.
Spending Breakdown
How Tamc Title Corp allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
20%
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 Tamc Title Corp
Is Tamc Title Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Tamc Title Corp (EIN: 10389226) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Tamc Title Corp a good charity to donate to?
Tamc Title Corp has a Mission Score of 65/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tamc Title Corp?
The Employer Identification Number (EIN) for Tamc Title Corp is 10389226. 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 Tamc Title Corp spend its money?
Tamc Title Corp allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tamc Title Corp's tax-exempt status?
You can verify Tamc Title Corp's tax-exempt status using EIN 10389226 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
Tamc Title Corp appears to be a very small organization, with its latest filing showing $0 in revenue and assets, which is unusual given its prior activity. Historically, the organization has operated with modest revenues, peaking at $128,820 in 2011. Its expenses have generally been lower than its revenues, indicating it was not operating at a deficit in most reported periods. The consistent reporting of 0% officer compensation across all available filings suggests either a fully volunteer-run leadership or that compensation is not reported in a way that is visible in the standard officer compensation fields, which could be a point for further inquiry regarding transparency. The lack of detailed expense breakdowns in the provided data makes it difficult to assess spending efficiency beyond the top-line figures.
The organization's financial health, based on the latest filing, is concerning due to the reported zero revenue and assets. However, in prior years, it maintained positive net assets, such as $288,647 in 2013. The significant drop to $0 in assets and revenue in the latest period could indicate a cessation of operations or a change in reporting status. Without more granular expense data, a precise assessment of spending efficiency (e.g., program vs. administrative costs) is not possible. The consistent 0% officer compensation is a positive indicator for resource allocation to mission, assuming the organization is indeed active and not simply a shell.
Transparency is moderately good in terms of filing history, with five years of data available. However, the 'Unknown' NTEE code and the lack of detailed expense categories limit a full understanding of its operational focus and efficiency. The sudden shift to zero revenue and assets in the latest filing warrants further investigation to understand the organization's current status and future viability.