Strong program spending efficiency due to 0% officer compensation reported across all filings.
Consistent growth in assets, from $3,915 in 202012 to $55,385 in 202312, indicating effective financial management.
Zero reported liabilities across all filings, demonstrating a debt-free and financially secure position.
Significant revenue growth in the most recent period (202312 revenue of $107,698, highest in provided history).
Positive net income in recent years, with revenue exceeding expenses in 202312 ($107,698 vs $64,509).
Spending Breakdown
How Tennessee Equality Project allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Tennessee Equality Project
Is Tennessee Equality Project a legitimate charity?
Based on AI analysis of IRS 990 filings, Tennessee Equality Project (EIN: 201627192) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Tennessee Equality Project a good charity to donate to?
Tennessee Equality Project has a Mission Score of 85/100. Revenue: $76K. Assets: $72K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tennessee Equality Project?
The Employer Identification Number (EIN) for Tennessee Equality Project is 201627192. 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 Tennessee Equality Project spend its money?
Tennessee Equality Project allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tennessee Equality Project's tax-exempt status?
You can verify Tennessee Equality Project's tax-exempt status using EIN 201627192 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 Tennessee Equality Project demonstrates a generally stable, albeit small, financial profile. In the most recent filing (202312), the organization reported revenue of $107,698 against expenses of $64,509, resulting in a healthy surplus that contributed to an increase in assets to $55,385. This marks a significant improvement from previous years where expenses often outpaced revenue, such as in 202212 where expenses of $59,542 exceeded revenue of $49,158. The organization consistently reports zero liabilities across its recent filings, indicating strong financial management and a lack of debt, which is a positive sign for its long-term sustainability. Their assets have shown consistent growth in recent periods, moving from $3,915 in 202012 to $55,385 in 202312, suggesting effective financial stewardship and accumulation of reserves.
Spending efficiency appears to be reasonable, with a clear focus on program delivery given the absence of reported officer compensation, implying that resources are directed towards the mission rather than executive salaries. The organization's revenue has fluctuated over the years, but the recent trend shows an upward trajectory, with 202312 being their highest revenue year in the provided data. This growth, coupled with controlled expenses, indicates a positive operational trend. The consistent reporting of zero officer compensation across all filings suggests a high degree of transparency regarding executive pay, or that the organization is primarily volunteer-led at the executive level.
Overall, the Tennessee Equality Project appears to be a financially sound small nonprofit, effectively managing its resources to grow its asset base and maintain a healthy financial position. The consistent lack of liabilities and the recent revenue growth are strong indicators of good financial health. While the organization's scale is modest, its financial practices suggest a commitment to efficiency and transparency, particularly in how it manages its funds and compensates its leadership.