Quick charity verification for Tri City Visionaries Inc (EIN: 202965900)
Verdict: Tri City Visionaries Inc appears trustworthy
90/100Mission Score
$453KRevenue
$394KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Significant revenue growth in recent years (e.g., $448,687 in 2023 from $23,624 in 2020).
Consistently reports zero liabilities, indicating strong financial health and no debt.
No officer compensation reported across all filings, suggesting a volunteer-driven or highly efficient leadership.
Substantial increase in assets, from $377 in 2020 to $312,411 in 2023, demonstrating financial stability and growth.
Expenses are significantly lower than revenue in recent years (e.g., $136,276 expenses vs. $448,687 revenue in 2023), indicating efficient operations.
Spending Breakdown
How Tri City Visionaries 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 Tri City Visionaries Inc
Is Tri City Visionaries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tri City Visionaries Inc (EIN: 202965900) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Tri City Visionaries Inc a good charity to donate to?
Tri City Visionaries Inc has a Mission Score of 90/100. Revenue: $453K. Assets: $394K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tri City Visionaries Inc?
The Employer Identification Number (EIN) for Tri City Visionaries Inc is 202965900. 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 Tri City Visionaries Inc spend its money?
Tri City Visionaries Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tri City Visionaries Inc's tax-exempt status?
You can verify Tri City Visionaries Inc's tax-exempt status using EIN 202965900 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
Tri City Visionaries Inc demonstrates a generally healthy financial position with significant growth in recent years. In 2023, the organization reported revenue of $448,687 against expenses of $136,276, resulting in a substantial surplus that contributed to an increase in assets to $312,411. This trend of revenue exceeding expenses is also evident in 2022, where revenue was $170,250 and expenses were $24,100. The organization has consistently reported zero liabilities across all available filings, indicating strong financial management and a lack of debt. While the specific breakdown of program, administrative, and fundraising expenses is not detailed in the provided summary, the overall low expense ratios relative to revenue in the most recent years suggest efficient operations. The absence of officer compensation further enhances the perception of financial prudence and a focus on mission-related spending.