Is Thats The Spirit Productions Inc Legit?…

Quick charity verification for Thats The Spirit Productions Inc (EIN: 133025846)

Spending Breakdown

How Thats The Spirit Productions Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Thats The Spirit Productions Inc

Is Thats The Spirit Productions Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Thats The Spirit Productions Inc (EIN: 133025846) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 1 strength noted.

Is Thats The Spirit Productions Inc a good charity to donate to?

Thats The Spirit Productions Inc has a Mission Score of 45/100. Revenue: $43K. Assets: $59K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Thats The Spirit Productions Inc?

The Employer Identification Number (EIN) for Thats The Spirit Productions Inc is 133025846. 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 Thats The Spirit Productions Inc spend its money?

Thats The Spirit Productions Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Thats The Spirit Productions Inc's tax-exempt status?

You can verify Thats The Spirit Productions Inc's tax-exempt status using EIN 133025846 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

Thats The Spirit Productions Inc. appears to be in a challenging financial position, as evidenced by its latest filing (202007) showing expenses of $121,905 significantly exceeding revenue of $43,152, resulting in a net deficit. This trend of expenses outstripping revenue is not new; the organization has consistently spent more than it earned in all reported periods, with the largest deficit in 201307 where expenses were $594,157 against revenues of $306,108. The organization's revenue has also seen a substantial decline from a peak of $341,743 in 201207 to $43,152 in 202007, indicating a significant reduction in operational scale or funding. While assets have fluctuated, the latest filing shows assets of $58,718 with liabilities of $51,714, suggesting a relatively thin margin of financial stability.

The organization's financial health raises concerns regarding its long-term sustainability given the consistent operating deficits and declining revenue. The absence of reported officer compensation across all filings suggests that executive leadership may be volunteer-based or compensated through other means not captured in this specific line item, which can be a positive for efficiency if true, but also warrants further investigation for full transparency. Without a detailed breakdown of expenses (program, administrative, fundraising), it's difficult to fully assess spending efficiency. However, the consistent deficits indicate that, regardless of allocation, the overall spending level is not sustainable relative to its income.

Is Thats The Spirit Productions Inc Legit?

Verdict: Thats The Spirit Productions Inc shows mixed signals

Red Flags

Strengths