Quick charity verification for Town School Inc (EIN: 131393610)
Verdict: Town School Inc appears trustworthy
85/100Mission Score
$23.1MRevenue
$74.9MAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this scale and may obscure actual leadership remuneration.
Operational deficit in the most recent filing (202308), where expenses exceeded revenue by over $1 million.
Strengths
Strong and growing asset base, increasing from $59,457,929 in 201908 to $68,721,382 in 202308, indicating financial stability.
History of generally stable financial operations with revenues largely covering expenses over the past decade.
Manageable liabilities relative to assets, suggesting good fiscal health and low financial risk.
Consistent reporting across multiple years, indicating good record-keeping and compliance.
Spending Breakdown
How Town School 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 Town School Inc
Is Town School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Town School Inc (EIN: 131393610) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Town School Inc a good charity to donate to?
Town School Inc has a Mission Score of 85/100. Revenue: $23.1M. Assets: $74.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Town School Inc?
The Employer Identification Number (EIN) for Town School Inc is 131393610. 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 Town School Inc spend its money?
Town School Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Town School Inc's tax-exempt status?
You can verify Town School Inc's tax-exempt status using EIN 131393610 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
Town School Inc. demonstrates a consistent operational pattern over the past decade, with revenues generally keeping pace with or slightly exceeding expenses, indicating stable financial management. For instance, in 202208, revenue was $25,437,632 against expenses of $23,110,601, showing a surplus. However, the most recent filing (202308) shows expenses ($23,337,146) slightly exceeding revenue ($22,268,697), resulting in a deficit for that period. The organization maintains substantial assets, growing from $59,457,929 in 201908 to $68,721,382 in 202308, which provides a strong financial cushion. Liabilities have remained manageable relative to assets, suggesting good fiscal health.
The organization's transparency is commendable, particularly with the consistent reporting of 0% officer compensation across all available filings. This indicates that the highest-ranking individuals are not receiving direct compensation, which is unusual for an organization of this size and could imply that compensation is structured differently (e.g., through a related entity) or that leadership roles are entirely voluntary. Further investigation into the nature of leadership compensation would be beneficial for a complete understanding of its financial practices.
Overall, Town School Inc. appears to be a financially sound organization with a strong asset base and a history of responsible spending. The recent deficit warrants monitoring, but it does not immediately suggest a systemic issue given the overall financial strength. The lack of reported officer compensation is a notable aspect of its transparency.