Is Teammates Mentoring Program Legit?

Quick charity verification for Teammates Mentoring Program (EIN: 208380817)

Verdict: Teammates Mentoring Program appears trustworthy

85/100Mission Score
$67KRevenue
$111KAssets
0Red Flags
4Strengths

No red flags identified.

Strengths

AI Transparency Report

Teammates Mentoring Program appears to be in a stable financial position based on its latest available IRS 990 data. With revenue of $65,316 and expenses of $32,106 in the 202106 period, the organization generated a surplus, indicating sound financial management. Its assets of $111,350 with zero liabilities further reinforce a healthy balance sheet, suggesting good stewardship of resources. The organization's NTEE code O30 indicates a focus on mentoring, which aligns with its name and mission. The absence of reported officer compensation in the 202106 filing suggests either a volunteer-led executive team or compensation below reporting thresholds, which can be a positive indicator for donor confidence regarding resource allocation directly to programs. While the provided data is limited to a single filing, the financial indicators suggest efficiency in operations, as expenses are significantly lower than revenue. This surplus could be reinvested into program expansion or building reserves. The lack of specific breakdowns for program, administrative, and fundraising expenses in the provided summary prevents a detailed analysis of spending efficiency, but the overall financial health appears robust. Transparency is generally good with public 990 filings, and the clear financial position with no liabilities is a positive sign.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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