Quick charity verification for Tranet (EIN: 10357178)
Verdict: Tranet shows mixed signals
65/100Mission Score
$0Revenue
$0Assets
2Red Flags
3Strengths
Red Flags
Latest filing shows $0 revenue and $0 assets, indicating potential dormancy or cessation of operations.
Expenses occasionally exceeded revenue (e.g., 2017: $27,131 expenses vs. $15,503 revenue), suggesting reliance on reserves or prior year surpluses.
Strengths
Consistent filing of IRS Form 990s over seven periods, demonstrating transparency.
Officer compensation consistently reported as 0%, indicating volunteer leadership and efficient use of funds for personnel.
Historically low or zero liabilities, suggesting good financial management of debt.
Spending Breakdown
How Tranet allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Tranet
Is Tranet a legitimate charity?
Based on AI analysis of IRS 990 filings, Tranet (EIN: 10357178) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Tranet a good charity to donate to?
Tranet has a Mission Score of 65/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tranet?
The Employer Identification Number (EIN) for Tranet is 10357178. 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 Tranet spend its money?
Tranet allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tranet's tax-exempt status?
You can verify Tranet's tax-exempt status using EIN 10357178 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
Tranet appears to be a very small organization with fluctuating financial activity over the past several years. Its revenue has ranged from $15,503 to $40,293, and expenses have generally been in a similar range, sometimes exceeding revenue, as seen in 2017 where expenses were $27,131 against $15,503 in revenue. The organization consistently reports zero liabilities in recent years, indicating a healthy balance sheet in that regard, with assets typically in the $35,000-$47,000 range. The most recent filing shows $0 in both revenue and assets, which could indicate dormancy or a significant change in operations not reflected in the provided historical data.
Spending efficiency is difficult to assess without a detailed breakdown of expenses, but the consistent reporting of 0% officer compensation suggests that leadership is likely volunteer-based, which can be a positive indicator for donor funds going directly to mission-related activities. However, without program-specific expense data, it's impossible to determine the exact proportion of funds dedicated to programs versus administrative or fundraising costs. The organization's small scale and lack of detailed expense categories in the provided data limit a comprehensive assessment of its spending efficiency.
Transparency is generally good given the consistent filing of IRS Form 990s over seven periods. The absence of officer compensation is a transparent disclosure. However, the lack of detailed expense breakdowns in the provided summary data makes it challenging for an external observer to fully understand where funds are being allocated beyond the top-line revenue and expense figures. The most recent filing showing $0 revenue and assets warrants further investigation for complete transparency.