Is Tourism Cares Inc Legit?

Quick charity verification for Tourism Cares Inc (EIN: 202013457)

Verdict: Tourism Cares Inc appears trustworthy

85/100Mission Score
$1.4MRevenue
$1.2MAssets
2Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Tourism Cares 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 Tourism Cares Inc

Is Tourism Cares Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Tourism Cares Inc (EIN: 202013457) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.

Is Tourism Cares Inc a good charity to donate to?

Tourism Cares Inc has a Mission Score of 85/100. Revenue: $1.4M. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Tourism Cares Inc?

The Employer Identification Number (EIN) for Tourism Cares Inc is 202013457. 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 Tourism Cares Inc spend its money?

Tourism Cares Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Tourism Cares Inc's tax-exempt status?

You can verify Tourism Cares Inc's tax-exempt status using EIN 202013457 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

Tourism Cares Inc. demonstrates a consistent commitment to its mission, as evidenced by its program spending. While the organization has experienced fluctuations in revenue and expenses over the past few years, with expenses exceeding revenue in 2023 ($1,484,375 vs. $1,263,757) and 2022 ($1,353,713 vs. $1,057,358), its asset base remains relatively stable, at $1,416,459 in 2023. The absence of reported officer compensation across all available filings indicates a strong dedication to directing funds towards organizational activities rather than executive salaries, which is a positive sign for transparency and donor confidence. However, the consistent deficit spending in recent years warrants closer examination to ensure long-term financial sustainability. The organization's financial health shows some variability. While assets have decreased from a high of $2,389,446 in 2017 to $1,416,459 in 2023, liabilities have generally remained manageable, with $387,031 in 2023. The consistent reporting of 0% officer compensation is a significant strength, indicating a highly efficient use of funds in this area. The organization's ability to manage its expenses relative to its revenue, particularly in years where expenses outpace income, will be crucial for its future stability. The detailed financial reporting through its 990 filings provides a good level of transparency for stakeholders. Spending efficiency appears to be a mixed bag. While the lack of executive compensation is excellent, the recurring operational deficits in recent years (e.g., $220,618 in 2023 and $296,355 in 2022) suggest that the organization is spending more than it earns. This trend, if continued, could impact its ability to sustain programs without drawing down reserves. However, the overall asset base, though declining, still provides some buffer. The organization's transparency is high due to the consistent filing of 990s and the clear indication of no officer compensation.

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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