Quick charity verification for The Katoomba Group Inc (EIN: 203738283)
Verdict: The Katoomba Group Inc has notable concerns
10/100Mission Score
$99KRevenue
$10KAssets
2Red Flags
2Strengths
Red Flags
Consistent reporting of $0 revenue and expenses for multiple years, indicating dormancy or inactivity.
Assets have decreased significantly from $12,484 in 2014 to $1 in recent filings.
Strengths
Consistent reporting of 0% officer compensation, aligning with minimal financial activity.
Transparency in reporting minimal financial activity through IRS 990 filings.
Spending Breakdown
How The Katoomba Group Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
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 The Katoomba Group Inc
Is The Katoomba Group Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Katoomba Group Inc (EIN: 203738283) has notable concerns. Mission Score: 10/100. 2 red flags identified, 2 strengths noted.
Is The Katoomba Group Inc a good charity to donate to?
The Katoomba Group Inc has a Mission Score of 10/100. Revenue: $99K. Assets: $10K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Katoomba Group Inc?
The Employer Identification Number (EIN) for The Katoomba Group Inc is 203738283. 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 Katoomba Group Inc spend its money?
The Katoomba Group Inc allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Katoomba Group Inc's tax-exempt status?
You can verify The Katoomba Group Inc's tax-exempt status using EIN 203738283 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 Katoomba Group Inc appears to be a non-operating entity based on its recent IRS 990 filings. For the past four fiscal periods (2020-2023), the organization reported $0 in revenue and expenses, with assets consistently at $1. This indicates a significant dormancy or winding-down phase, making a traditional assessment of financial health and spending efficiency challenging. The organization's latest reported revenue was $98,758, but this figure is not reflected in recent filings, suggesting it's an outdated summary or an anomaly not sustained in recent years.
Given the consistent reporting of minimal to no financial activity, there is little to analyze regarding spending efficiency or program delivery in recent years. The organization's assets have dwindled from a high of $12,484 in 2014 to just $1 in recent filings. This lack of financial activity, while transparently reported, means there's no operational data to evaluate for program impact or administrative overhead. The organization's current state suggests it is either inactive or in the process of dissolution.