Is Tickets For Kids Foundation Legit?

Quick charity verification for Tickets For Kids Foundation (EIN: 20559825)

Verdict: Tickets For Kids Foundation appears trustworthy

92/100Mission Score
$7.8MRevenue
$441KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Tickets For Kids Foundation demonstrates a consistent commitment to its mission of providing access to events for underprivileged children, as evidenced by its program-focused spending. Over the past decade, the organization has maintained a strong program spending ratio, with 90% of its expenses in the latest filing period (202312) directly allocated to program services. This indicates efficient use of donor funds towards its charitable purpose. Financially, the organization has experienced significant fluctuations in revenue and expenses, with revenue peaking at $7,583,952 in 2017 and reaching $7,203,179 in 2023. While expenses have generally tracked revenue, the organization has occasionally operated with a slight deficit, such as in 2023 where expenses ($7,411,125) exceeded revenue ($7,203,179). However, its asset base has shown growth over time, reaching $670,821 in 2023, providing some financial stability. The consistent reporting of 0% officer compensation across all filings is a strong indicator of transparency and a focus on directing resources to programs rather than executive salaries. Overall, Tickets For Kids Foundation appears to be a financially healthy and transparent organization, effectively channeling resources to its programs. While minor operational deficits have occurred, they do not appear to threaten the organization's long-term viability given its asset base and consistent revenue generation. The absence of executive compensation further enhances its transparency and commitment to its mission.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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