Is Telephone Association Legit?

Quick charity verification for Telephone Association (EIN: 16013593)

Verdict: Telephone Association appears trustworthy

75/100Mission Score
$70KRevenue
$175KAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Telephone Association demonstrates a mixed financial picture. While the organization consistently reports zero officer compensation, indicating good transparency regarding executive pay, its financial stability has fluctuated significantly over the past few years. For instance, in 2022, expenses of $55,012 exceeded revenue of $42,062, leading to a deficit. However, the most recent filing (2023) shows a positive net income with revenue of $105,056 against expenses of $79,761. The organization's assets have generally remained stable, hovering around $170,000-$200,000, with $191,078 reported in 2023, suggesting a reasonable asset base for its size. The consistent reporting of liabilities, though small, also points to a degree of financial accountability. Overall, the organization appears to be managing its finances without significant debt, but its revenue streams show considerable year-to-year variability.

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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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