Is Toomeys Kids Inc Legit?

Quick charity verification for Toomeys Kids Inc (EIN: 208693880)

Verdict: Toomeys Kids Inc appears trustworthy

75/100Mission Score
$24KRevenue
$42KAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Toomeys Kids Inc allocates its funds across programs, administration, and fundraising.

85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Toomeys Kids Inc

Is Toomeys Kids Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Toomeys Kids Inc (EIN: 208693880) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Toomeys Kids Inc a good charity to donate to?

Toomeys Kids Inc has a Mission Score of 75/100. Revenue: $24K. Assets: $42K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Toomeys Kids Inc?

The Employer Identification Number (EIN) for Toomeys Kids Inc is 208693880. 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 Toomeys Kids Inc spend its money?

Toomeys Kids Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Toomeys Kids Inc's tax-exempt status?

You can verify Toomeys Kids Inc's tax-exempt status using EIN 208693880 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

Toomeys Kids Inc, with a latest reported revenue of $24,102 and assets of $41,979, demonstrates a fluctuating financial history. While the organization consistently reports zero liabilities, indicating good financial solvency, its revenue and expenses have varied significantly over the years. For instance, in 202406, it reported $9,000 in revenue against $5,000 in expenses, showing a surplus, but in 202006, it had $25,487 in revenue against $35,550 in expenses, indicating a deficit. The organization's assets have generally declined over its filing history, from a high of $62,316 in 201306 to $41,979 currently, suggesting it has been spending down its reserves or operating at a deficit in some periods. The consistent reporting of 0% officer compensation across all filings is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. However, without a detailed breakdown of expenses into program, administrative, and fundraising costs, a precise assessment of spending efficiency is challenging. The organization's consistent filing of its IRS 990 forms over 11 periods demonstrates a commitment to regulatory compliance and transparency.

View Full Transparency Report →

Disclaimer

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

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