Is Tanaitra Inc Legit?

Strengths

Consistent revenue generation and financial stability over a decade, with revenues consistently in the multi-million dollar range.
Healthy and growing asset base, increasing from $7.5M in 2014 to over $10.5M in 2023, indicating strong financial management.
Low liabilities relative to assets, demonstrating good financial health and risk management.
Consistent filing of IRS 990s for 13 periods, indicating a commitment to regulatory compliance and transparency.
Reported 0% officer compensation, suggesting a strong dedication of resources to programmatic activities or a volunteer-led executive structure.

Spending Breakdown

How Tanaitra Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Tanaitra Inc

Is Tanaitra Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Tanaitra Inc (EIN: 113642909) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.

Is Tanaitra Inc a good charity to donate to?

Tanaitra Inc has a Mission Score of 85/100. Revenue: $5.8M. Assets: $11.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Tanaitra Inc?

The Employer Identification Number (EIN) for Tanaitra Inc is 113642909. 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 Tanaitra Inc spend its money?

Tanaitra Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Tanaitra Inc's tax-exempt status?

You can verify Tanaitra Inc's tax-exempt status using EIN 113642909 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

Tanaitra Inc demonstrates consistent financial activity, with revenues and expenses generally in the range of $3.2 million to $4.7 million over the past decade. The organization has maintained a healthy asset base, growing from $7.5 million in 2014 to over $10.5 million in 2023, indicating good financial stewardship and stability. Liabilities have also remained manageable relative to assets, typically under $1 million. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission, or that executive compensation is structured in a way that is not reported as 'officer compensation' on the 990, which would warrant further investigation for full transparency. Overall, the organization appears financially stable with a good track record of asset growth and controlled liabilities.

Spending efficiency, based on the provided data, shows that expenses are consistently close to revenues, indicating that the organization is actively deploying its resources. For instance, in 2023, expenses ($4,123,624) were very close to revenues ($4,103,258), suggesting that most incoming funds are utilized for operations and programs. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. However, the absence of reported officer compensation is a positive indicator for resource allocation. The consistent filing of 990s over 13 periods demonstrates a commitment to regulatory transparency.

To fully assess transparency, access to the detailed 990 forms would be necessary to review specific program service accomplishments, detailed expense breakdowns, and any related party transactions. However, the consistent filing history and the reported 0% officer compensation are positive signs. The organization's NTEE code S41 (Community Development Corporations) suggests a focus on community-based programs, and the financial data supports an organization actively engaged in its mission without excessive accumulation of unrestricted funds or high executive payouts.

Verdict: Tanaitra Inc appears trustworthy

Red Flags