Quick charity verification for Tobin Project Inc (EIN: 203105790)
Verdict: Tobin Project Inc shows mixed signals
45/100Mission Score
$440KRevenue
$1.1MAssets
3Red Flags
2Strengths
Red Flags
Consistent deficit spending (expenses exceeding revenue in 8 of 10 years)
Significant decline in total assets (from $4.3M in 2014 to $1.07M currently)
Revenue has been consistently lower than expenses in recent years, indicating an unsustainable financial model.
Strengths
Reported 0% officer compensation across all filings, indicating low executive overhead.
Historically maintained a substantial asset base, though it has been declining.
Spending Breakdown
How Tobin Project Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Tobin Project Inc
Is Tobin Project Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tobin Project Inc (EIN: 203105790) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
Is Tobin Project Inc a good charity to donate to?
Tobin Project Inc has a Mission Score of 45/100. Revenue: $440K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tobin Project Inc?
The Employer Identification Number (EIN) for Tobin Project Inc is 203105790. 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 Tobin Project Inc spend its money?
Tobin Project Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tobin Project Inc's tax-exempt status?
You can verify Tobin Project Inc's tax-exempt status using EIN 203105790 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 Tobin Project Inc. exhibits a concerning trend of declining financial health over the past several years. While the organization reported assets of $1,073,780 in its latest filing, this represents a significant decrease from its peak of $4,387,128 in 2014. Furthermore, the organization has consistently spent more than it has brought in, with expenses exceeding revenue in 8 out of the last 10 reported periods. For example, in 2023, expenses were $546,142 against revenues of $463,981, and in 2022, expenses were $810,099 against revenues of $467,504. This sustained deficit spending has led to a substantial reduction in its asset base, indicating potential long-term sustainability issues if current trends continue. The consistent reporting of 0% officer compensation suggests a commitment to minimizing administrative overhead in that specific area, which is a positive sign for transparency regarding executive pay.