Quick charity verification for Tregoed Inc (EIN: 133740564)
Verdict: Tregoed Inc appears trustworthy
75/100Mission Score
$430KRevenue
$206KAssets
3Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the last two reported periods (2022 and 2023), indicating operating deficits.
Revenue has fluctuated significantly, from a high of $1,001,100 in 2021 to $851,715 in 2023, suggesting potential instability in funding.
NTEE code is unknown, which limits understanding of the organization's specific mission area.
Strengths
Consistently reported 0% officer compensation across all ten years of filings, indicating efficient use of funds at the executive level.
Maintains a strong asset base relative to liabilities, with assets of $550,293 and liabilities of $24,715 in 2023, demonstrating good solvency.
Long and consistent filing history (10 filings) indicates good compliance and transparency.
Has demonstrated capacity to generate significant revenue, often exceeding $700,000 annually.
Spending Breakdown
How Tregoed Inc 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 Tregoed Inc
Is Tregoed Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tregoed Inc (EIN: 133740564) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
Is Tregoed Inc a good charity to donate to?
Tregoed Inc has a Mission Score of 75/100. Revenue: $430K. Assets: $206K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tregoed Inc?
The Employer Identification Number (EIN) for Tregoed Inc is 133740564. 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 Tregoed Inc spend its money?
Tregoed Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tregoed Inc's tax-exempt status?
You can verify Tregoed Inc's tax-exempt status using EIN 133740564 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
Tregoed Inc. demonstrates a mixed financial picture over the past decade. While the organization has consistently reported revenues in the range of $550,000 to $1,000,000, recent years (2022 and 2023) show expenses exceeding revenue, leading to net deficits of $190,856 and $179,041 respectively. This trend, if continued, could impact long-term sustainability. However, the organization maintains a healthy asset base, with assets of $550,293 in 2023 significantly exceeding liabilities of $24,715, indicating good financial solvency. The consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing administrative overhead at the executive level, which is a positive indicator for donor confidence and efficient resource allocation.
Regarding spending efficiency, without a detailed functional expense breakdown (program, administrative, fundraising), it's challenging to precisely assess the allocation of funds. However, the absence of officer compensation is a strong positive. The organization's financial transparency is good, with a consistent filing history over ten years. The fluctuations in revenue and expenses suggest that Tregoed Inc. may be operating in a dynamic funding environment or undertaking varying levels of programmatic activity year-to-year. Further analysis of program-specific spending would provide a clearer picture of its impact and efficiency.