Is Teachers Of Accounting At Two Year Colleges Inc Legit?
Quick charity verification for Teachers Of Accounting At Two Year Colleges Inc (EIN: 113233358)
Verdict: Teachers Of Accounting At Two Year Colleges Inc appears trustworthy
90/100Mission Score
$223KRevenue
$30KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating strong dedication to mission.
No reported liabilities across all filing periods, demonstrating excellent financial management.
Positive net assets and a healthy financial surplus in recent years (e.g., $14,872 surplus in 2023).
Strong revenue growth in 2023 ($222,448) compared to previous years, suggesting increasing support or activity.
Spending Breakdown
How Teachers Of Accounting At Two Year Colleges 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 Teachers Of Accounting At Two Year Colleges Inc
Is Teachers Of Accounting At Two Year Colleges Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Teachers Of Accounting At Two Year Colleges Inc (EIN: 113233358) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is Teachers Of Accounting At Two Year Colleges Inc a good charity to donate to?
Teachers Of Accounting At Two Year Colleges Inc has a Mission Score of 90/100. Revenue: $223K. Assets: $30K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Teachers Of Accounting At Two Year Colleges Inc?
The Employer Identification Number (EIN) for Teachers Of Accounting At Two Year Colleges Inc is 113233358. 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 Teachers Of Accounting At Two Year Colleges Inc spend its money?
Teachers Of Accounting At Two Year Colleges Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Teachers Of Accounting At Two Year Colleges Inc's tax-exempt status?
You can verify Teachers Of Accounting At Two Year Colleges Inc's tax-exempt status using EIN 113233358 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
Teachers Of Accounting At Two Year Colleges Inc demonstrates a generally stable financial position, with recent revenue growth. In 2023, the organization reported revenue of $222,448 against expenses of $207,576, indicating a surplus. While assets have fluctuated, they remain positive, reaching $71,056 in 2023 with no reported liabilities, suggesting good financial management and solvency. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a focus on mission-related spending rather than executive enrichment.
The spending efficiency appears reasonable, with expenses generally tracking revenue. For instance, in 2023, expenses were 93.3% of revenue. The consistent absence of liabilities across all reported periods is a significant strength, indicating responsible financial stewardship. The organization's transparency is high, particularly given the consistent reporting of no officer compensation, which minimizes potential conflicts of interest and ensures funds are directed towards its stated purpose. The NTEE code B99 (Education, Other) suggests a broad educational mission, and the financial data supports an organization operating within its means.