Is Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable Legit?
Quick charity verification for Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable (EIN: 134128671)
Verdict: Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable appears trustworthy
75/100Mission Score
$536KRevenue
$2.1MAssets
3Red Flags
3Strengths
Red Flags
Inconsistent revenue streams, with significant year-to-year volatility (e.g., $897,976 in 2021 vs. $96,757 in 2023).
Expenses exceeded revenue in recent periods (e.g., 2023: $136,919 expenses vs. $96,757 revenue; 2022: $113,995 expenses vs. $73,472 revenue), indicating operational deficits.
Lack of detailed expense breakdown in provided data makes it difficult to fully assess program efficiency.
Strengths
Consistent reporting of 0% officer compensation, indicating low executive overhead.
Strong asset growth over the long term, from $260,932 in 2011 to $1,951,457 in 2023.
Extremely low liabilities ($1 across all filings), demonstrating excellent debt management.
Spending Breakdown
How Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable
Is Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable a legitimate charity?
Based on AI analysis of IRS 990 filings, Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable (EIN: 134128671) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable a good charity to donate to?
Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable has a Mission Score of 75/100. Revenue: $536K. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable?
The Employer Identification Number (EIN) for Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable is 134128671. 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 Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable spend its money?
Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable's tax-exempt status?
You can verify Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable's tax-exempt status using EIN 134128671 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
Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable demonstrates a fluctuating financial profile, with significant swings in revenue and expenses over the past decade. For instance, revenue peaked at $897,976 in 2021 but dropped to $96,757 in 2023, while expenses in 2023 ($136,919) exceeded revenue, indicating a deficit. The organization consistently maintains minimal liabilities ($1), suggesting a strong balance sheet in terms of debt management. However, without detailed expense breakdowns from the provided data, it's challenging to fully assess spending efficiency beyond the overall revenue-expense relationship. The consistent reporting of 0% officer compensation across all filings indicates a commitment to minimizing administrative overhead related to executive pay, which is a positive sign for donor confidence. The organization's assets have grown substantially, from $260,932 in 2011 to $1,951,457 in 2023, reflecting effective asset accumulation, likely through investment returns or significant contributions in certain years like 2021. Further analysis would require a detailed breakdown of program service expenses versus administrative and fundraising costs to fully evaluate spending efficiency and program focus.