Quick charity verification for Tampa Bay History Center Foundation (EIN: 202900795)
Verdict: Tampa Bay History Center Foundation appears trustworthy
90/100Mission Score
$2.8MRevenue
$45.2MAssets
2Red Flags
5Strengths
Red Flags
Significant year-over-year revenue volatility (e.g., $20M in 2019 vs. $1.1M in 2023) could indicate reliance on large, infrequent donations or grants.
Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes precise spending efficiency analysis difficult.
Strengths
Consistent zero liabilities across all filings, indicating exceptional financial health and risk management.
Strong and consistent asset growth, from $10.5M in 2015 to $45.1M currently.
No reported officer compensation, suggesting high efficiency in leadership costs.
Generally low expense-to-revenue ratio in many periods, allowing for asset accumulation.
Long history of consistent IRS 990 filings (13 filings), demonstrating transparency.
Spending Breakdown
How Tampa Bay History Center Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Tampa Bay History Center Foundation
Is Tampa Bay History Center Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Tampa Bay History Center Foundation (EIN: 202900795) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is Tampa Bay History Center Foundation a good charity to donate to?
Tampa Bay History Center Foundation has a Mission Score of 90/100. Revenue: $2.8M. Assets: $45.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tampa Bay History Center Foundation?
The Employer Identification Number (EIN) for Tampa Bay History Center Foundation is 202900795. 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 Tampa Bay History Center Foundation spend its money?
Tampa Bay History Center Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tampa Bay History Center Foundation's tax-exempt status?
You can verify Tampa Bay History Center Foundation's tax-exempt status using EIN 202900795 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
The Tampa Bay History Center Foundation demonstrates strong financial health with substantial and growing assets, reaching $45,169,653 in its latest filing. The organization consistently maintains zero liabilities, indicating excellent fiscal management and a strong balance sheet. While revenue has fluctuated significantly over the years, with a notable peak of over $20 million in 2019, the foundation has consistently managed its expenses well below its revenue in most periods, allowing for asset growth. For instance, in 2021, revenue was $1,689,960 against expenses of only $309,383, showcasing efficient operations relative to income.
The foundation's spending efficiency appears high, particularly given the consistent growth in assets and the low expense ratios in many years. The absence of reported officer compensation across all filings suggests that executive leadership may be volunteer-based or compensated through a related entity, which enhances the perception of efficiency and dedication to the mission. This structure, while potentially efficient, could also raise questions about the full scope of operational costs if executive functions are subsidized elsewhere. The consistent zero liability status is a significant indicator of financial prudence and stability.
Transparency is generally good, with 13 years of consistent 990 filings available. The clear reporting of zero officer compensation is a positive transparency signal. However, without a detailed breakdown of program, administrative, and fundraising expenses within the provided data, a precise assessment of spending efficiency across these categories is challenging. The overall financial picture suggests a well-managed organization focused on asset growth to support its mission.