Is Tergar Meditation Center Of Phoenix…

Quick charity verification for Tergar Meditation Center Of Phoenix (EIN: 203224631)

Strengths

Consistent asset growth, from $463,060 in 2019 to $651,930 in 2023.
No officer compensation reported across all filings, indicating high efficiency and dedication.
Revenues consistently exceed expenses, leading to healthy surpluses (e.g., $86,583 revenue vs. $38,915 expenses in 2023).
Very low liabilities across all periods (e.g., $2,273 in 2023), demonstrating strong fiscal responsibility.
Strong program spending ratio due to minimal administrative and fundraising costs.

Spending Breakdown

How Tergar Meditation Center Of Phoenix allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Tergar Meditation Center Of Phoenix

Is Tergar Meditation Center Of Phoenix a legitimate charity?

Based on AI analysis of IRS 990 filings, Tergar Meditation Center Of Phoenix (EIN: 203224631) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Tergar Meditation Center Of Phoenix a good charity to donate to?

Tergar Meditation Center Of Phoenix has a Mission Score of 92/100. Revenue: $99K. Assets: $711K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Tergar Meditation Center Of Phoenix?

The Employer Identification Number (EIN) for Tergar Meditation Center Of Phoenix is 203224631. 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 Tergar Meditation Center Of Phoenix spend its money?

Tergar Meditation Center Of Phoenix allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Tergar Meditation Center Of Phoenix's tax-exempt status?

You can verify Tergar Meditation Center Of Phoenix's tax-exempt status using EIN 203224631 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

Tergar Meditation Center Of Phoenix demonstrates consistent financial health with a strong trend of asset growth and efficient spending. Over the past five years, the organization's assets have grown from $463,060 in 2019 to $651,930 in 2023, indicating sound financial management and accumulation of resources. The organization consistently spends a high proportion of its expenses on programs, as evidenced by the 2023 filing where expenses were $38,915 against revenue of $86,583, suggesting a focus on its mission. The absence of officer compensation further enhances its transparency and commitment to directing funds towards its charitable purpose.

The center maintains a healthy financial position, with revenues generally exceeding expenses, leading to a steady increase in net assets. For instance, in 2023, revenue was $86,583 while expenses were $38,915, resulting in a significant surplus. This consistent surplus allows for asset growth and provides financial stability. The organization's liabilities have remained very low across all reported periods, such as $2,273 in 2023, indicating minimal debt and strong fiscal responsibility. This financial prudence, combined with no reported officer compensation, paints a picture of a well-managed and transparent nonprofit.

Is Tergar Meditation Center Of Phoenix Legit?

Verdict: Tergar Meditation Center Of Phoenix appears trustworthy