Quick charity verification for The Igloo (EIN: 201454439)
Verdict: The Igloo appears trustworthy
92/100Mission Score
$195KRevenue
$1.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $681,881 in 2019 to $1,037,802 in 2023.
Zero reported officer compensation across all 13 filings, indicating high efficiency and dedication.
Regularly generates financial surpluses, such as $40,374 in 2023 ($184,519 revenue - $144,145 expenses).
Strong financial health with assets significantly exceeding liabilities ($1,037,802 vs $120,322 in 2023).
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Spending Breakdown
How The Igloo allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 The Igloo
Is The Igloo a legitimate charity?
Based on AI analysis of IRS 990 filings, The Igloo (EIN: 201454439) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is The Igloo a good charity to donate to?
The Igloo has a Mission Score of 92/100. Revenue: $195K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Igloo?
The Employer Identification Number (EIN) for The Igloo is 201454439. 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 The Igloo spend its money?
The Igloo allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Igloo's tax-exempt status?
You can verify The Igloo's tax-exempt status using EIN 201454439 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 Igloo demonstrates consistent financial health with a strong asset base relative to its annual revenue. In the latest filing (202312), the organization reported $184,519 in revenue against $144,145 in expenses, indicating a surplus. Over the past five years, assets have grown significantly from $681,881 in 2019 to $1,037,802 in 2023, suggesting effective asset management and accumulation. The organization's liabilities are also well-managed, consistently remaining a small fraction of its total assets.
Spending efficiency appears robust, as evidenced by the consistent generation of surpluses in most years. For instance, in 2022, revenue of $275,444 far exceeded expenses of $113,398. The absence of reported officer compensation across all filings is a significant indicator of efficiency and a commitment to directing funds towards the mission rather than executive salaries. This practice enhances the organization's financial health by minimizing overhead.
Transparency is high, particularly due to the consistent reporting of zero officer compensation, which is a key metric for many donors. The organization's financial data shows a clear trend of growth in assets and generally positive net income, providing a clear picture of its financial operations. The consistent filing of IRS Form 990s over 13 periods further underscores its commitment to regulatory compliance and public disclosure.