Quick charity verification for Touch A Heart Inc (EIN: 208310130)
Verdict: Touch A Heart Inc appears trustworthy
92/100Mission Score
$830KRevenue
$516KAssets
1Red Flags
4Strengths
Red Flags
Recent deficit in 2023 ($46,697) where expenses exceeded revenue.
Strengths
Consistent revenue growth from $199,482 (2016) to $815,908 (2023).
Zero reported officer compensation across all filings, indicating high program efficiency.
Healthy asset growth from $95,311 (2016) to $442,738 (2023).
Consistent filing of IRS Form 990s, demonstrating transparency.
Spending Breakdown
How Touch A Heart Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Touch A Heart Inc
Is Touch A Heart Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Touch A Heart Inc (EIN: 208310130) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Touch A Heart Inc a good charity to donate to?
Touch A Heart Inc has a Mission Score of 92/100. Revenue: $830K. Assets: $516K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Touch A Heart Inc?
The Employer Identification Number (EIN) for Touch A Heart Inc is 208310130. 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 Touch A Heart Inc spend its money?
Touch A Heart Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Touch A Heart Inc's tax-exempt status?
You can verify Touch A Heart Inc's tax-exempt status using EIN 208310130 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
Touch A Heart Inc demonstrates a generally stable financial trajectory, with consistent revenue growth from $199,482 in 2016 to $815,908 in 2023. The organization has shown a strong commitment to its mission, as evidenced by its consistent program spending and zero reported officer compensation across all available filings. While the organization experienced a deficit in 2023, with expenses exceeding revenue by $46,697, this appears to be an anomaly in an otherwise fiscally responsible history where revenue generally outpaced expenses. The growth in assets from $95,311 in 2016 to $442,738 in 2023 indicates a healthy accumulation of resources to support its operations.
The organization's spending efficiency appears to be robust, particularly given the absence of executive compensation, which often consumes a significant portion of a nonprofit's budget. This suggests that a very high percentage of donations are likely directed towards program services. The increase in liabilities in 2023 to $149,754, while higher than previous years, should be monitored but does not immediately signal distress given the overall asset growth. The consistent filing of IRS Form 990s demonstrates a commitment to transparency, providing public access to their financial data.
Overall, Touch A Heart Inc appears to be a well-managed organization with a strong focus on its mission, supported by a history of revenue growth and efficient resource allocation. The recent deficit warrants attention, but the long-term trends suggest a financially sound and transparent operation.