Quick charity verification for Treasures Thrift Store Inc (EIN: 208493418)
Verdict: Treasures Thrift Store Inc appears trustworthy
75/100Mission Score
$0Revenue
$0Assets
2Red Flags
3Strengths
Red Flags
Latest filing shows $0 revenue and assets, requiring clarification.
NTEE code is unknown, hindering peer comparison and mission understanding.
Strengths
Consistent reporting of 0% officer compensation.
Historically operates near break-even, indicating financial stability.
Maintains relatively low liabilities compared to assets.
Spending Breakdown
How Treasures Thrift Store Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 Treasures Thrift Store Inc
Is Treasures Thrift Store Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Treasures Thrift Store Inc (EIN: 208493418) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Treasures Thrift Store Inc a good charity to donate to?
Treasures Thrift Store Inc has a Mission Score of 75/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Treasures Thrift Store Inc?
The Employer Identification Number (EIN) for Treasures Thrift Store Inc is 208493418. 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 Treasures Thrift Store Inc spend its money?
Treasures Thrift Store Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Treasures Thrift Store Inc's tax-exempt status?
You can verify Treasures Thrift Store Inc's tax-exempt status using EIN 208493418 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
Treasures Thrift Store Inc. appears to be a small, community-focused organization operating a thrift store. Based on the provided IRS 990 data, the organization consistently reports revenues and expenses in the low to mid-hundreds of thousands of dollars, with assets typically under $60,000. The most recent filing shows $0 revenue and assets, which could indicate a change in reporting or operational status, or a very recent filing that hasn't captured full year data. Historically, the organization has operated near break-even, with expenses often slightly exceeding or closely matching revenue, as seen in 2017 where expenses were $322,520 against revenues of $308,236. This suggests a tight financial margin. The consistent reporting of 0% officer compensation across all available filings indicates a volunteer-led or very lean executive structure, which is a positive sign for donor confidence regarding executive pay. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. The NTEE code being 'Unknown' also limits the ability to benchmark against similar organizations.