Is Ted Thomas Dance Foundation For The Public Inc Legit?
Quick charity verification for Ted Thomas Dance Foundation For The Public Inc (EIN: 10598781)
Verdict: Ted Thomas Dance Foundation For The Public Inc appears trustworthy
75/100Mission Score
$43KRevenue
$5KAssets
3Red Flags
3Strengths
Red Flags
Low asset base relative to annual expenses
Fluctuating liabilities, occasionally high (e.g., $11,757 in 202212)
Inconsistent revenue streams over time
Strengths
Consistent 0% officer compensation, indicating volunteer leadership or efficient use of funds
Strong program focus, with an estimated 80% of spending on programs
Generally operates close to break-even, avoiding large deficits in most years
Spending Breakdown
How Ted Thomas Dance Foundation For The Public Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Ted Thomas Dance Foundation For The Public Inc
Is Ted Thomas Dance Foundation For The Public Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ted Thomas Dance Foundation For The Public Inc (EIN: 10598781) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Ted Thomas Dance Foundation For The Public Inc a good charity to donate to?
Ted Thomas Dance Foundation For The Public Inc has a Mission Score of 75/100. Revenue: $43K. Assets: $5K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ted Thomas Dance Foundation For The Public Inc?
The Employer Identification Number (EIN) for Ted Thomas Dance Foundation For The Public Inc is 10598781. 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 Ted Thomas Dance Foundation For The Public Inc spend its money?
Ted Thomas Dance Foundation For The Public Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ted Thomas Dance Foundation For The Public Inc's tax-exempt status?
You can verify Ted Thomas Dance Foundation For The Public Inc's tax-exempt status using EIN 10598781 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
The Ted Thomas Dance Foundation For The Public Inc. demonstrates a consistent commitment to its mission, as evidenced by its program spending. In the most recent filing (202312), the organization reported $37,049 in revenue against $35,263 in expenses, indicating a slight surplus. However, the organization's financial health shows some volatility, with assets fluctuating significantly over the years, from a high of $15,969 in 202012 to $2,862 in 202312. Liabilities have also varied, reaching $11,757 in 202212, which is concerning given the relatively low asset base. The organization's spending efficiency appears reasonable, with a significant portion of expenses directed towards programs, though specific breakdowns for administrative and fundraising costs are not detailed in the provided summary. The consistent reporting of 0% officer compensation across all filings suggests good transparency regarding executive pay.