Quick charity verification for The Promise Tour (EIN: 142012015)
Verdict: The Promise Tour shows mixed signals
45/100Mission Score
$233KRevenue
$131KAssets
3Red Flags
2Strengths
Red Flags
Consistent operational deficits (e.g., 2023 expenses $124,475 vs. revenue $50,344)
Declining asset base over recent years (from $271,581 in 2016 to $97,949 in 2023)
Increasing liabilities in 2023 ($4,056) after several years of zero liabilities
Strengths
Consistent 0% officer compensation reported across all filings, indicating no executive salaries.
Extensive filing history with 13 IRS 990 filings, demonstrating transparency in reporting.
Spending Breakdown
How The Promise Tour 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 The Promise Tour
Is The Promise Tour a legitimate charity?
Based on AI analysis of IRS 990 filings, The Promise Tour (EIN: 142012015) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
Is The Promise Tour a good charity to donate to?
The Promise Tour has a Mission Score of 45/100. Revenue: $233K. Assets: $131K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Promise Tour?
The Employer Identification Number (EIN) for The Promise Tour is 142012015. 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 Promise Tour spend its money?
The Promise Tour allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Promise Tour's tax-exempt status?
You can verify The Promise Tour's tax-exempt status using EIN 142012015 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 Promise Tour exhibits concerning financial trends, with expenses consistently exceeding revenue in recent years. In 2023, the organization reported revenue of $50,344 against expenses of $124,475, resulting in a significant deficit. This pattern of spending more than it earns is evident across multiple periods, including 2022 (revenue $85,545, expenses $117,627) and 2021 (revenue $58,463, expenses $106,327). While the organization has maintained assets, these have been declining from a high of $271,581 in 2016 to $97,949 in 2023, suggesting it may be drawing down reserves to cover operational shortfalls. The consistent reporting of 0% officer compensation indicates a commitment to minimizing administrative overhead in that specific area, which is a positive for transparency regarding executive pay.
However, the sustained operational deficits raise questions about the long-term financial sustainability and efficiency of its spending. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The organization's transparency is generally good in terms of filing history, with 13 filings available, but the lack of specific expense categories in the provided data limits a deeper analysis of how funds are allocated. The increasing liabilities in 2023 to $4,056, after several years of zero liabilities, also warrants attention.