Quick charity verification for Tbey Arts Center Inc (EIN: 20739623)
Verdict: Tbey Arts Center Inc appears trustworthy
90/100Mission Score
$417KRevenue
$509KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown in provided data makes precise program efficiency calculation difficult.
Strengths
Consistent revenue growth over multiple years, from $106,685 in 2016 to $348,774 in 2023.
Significant asset growth from $39,211 in 2016 to $572,998 in 2023, indicating strong financial health.
Zero reported officer compensation across all seven filings, suggesting high administrative efficiency.
Very low liabilities relative to assets, indicating strong solvency and fiscal responsibility.
Consistent surplus generation in most years, allowing for reinvestment in mission and asset building.
Spending Breakdown
How Tbey Arts Center 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
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 Tbey Arts Center Inc
Is Tbey Arts Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tbey Arts Center Inc (EIN: 20739623) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Tbey Arts Center Inc a good charity to donate to?
Tbey Arts Center Inc has a Mission Score of 90/100. Revenue: $417K. Assets: $509K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tbey Arts Center Inc?
The Employer Identification Number (EIN) for Tbey Arts Center Inc is 20739623. 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 Tbey Arts Center Inc spend its money?
Tbey Arts Center Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tbey Arts Center Inc's tax-exempt status?
You can verify Tbey Arts Center Inc's tax-exempt status using EIN 20739623 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
Tbey Arts Center Inc demonstrates a generally healthy financial position with consistent revenue growth and increasing assets over its filing history. In the latest period (202312), the organization reported revenues of $348,774 against expenses of $278,845, indicating a surplus that contributes to asset growth. The organization's assets have grown significantly from $39,211 in 2016 to $572,998 in 2023, while liabilities remain very low, suggesting strong financial management and solvency. The absence of reported officer compensation across all filings indicates a volunteer-led or very lean executive structure, which can be a positive for donor confidence regarding administrative overhead.
Spending efficiency appears strong, particularly given the consistent surpluses in most years. For instance, in 202212, revenues of $420,833 far exceeded expenses of $240,233. The organization's NTEE code O50 (Arts, Culture & Humanities) suggests a focus on program delivery, and the financial data supports the capacity to fund these programs effectively. The lack of detailed expense breakdowns in the provided data makes a precise program spending ratio difficult to calculate, but the overall financial health suggests resources are available for mission-related activities.
Transparency is high regarding executive compensation, as no officer compensation has been reported in any of the seven filings. This indicates that the organization is either entirely volunteer-run at the executive level or that compensation falls below reporting thresholds, which is a strong indicator of low administrative costs. The consistent filing of IRS Form 990s over seven periods also demonstrates a commitment to regulatory compliance and public disclosure.