Quick charity verification for Tri County Electric Trust (EIN: 205550322)
Verdict: Tri County Electric Trust appears trustworthy
85/100Mission Score
$99KRevenue
$31KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial stability with revenues generally covering expenses.
No reported liabilities across all filing periods, indicating strong financial health.
0% officer compensation reported consistently, suggesting high efficiency and volunteer leadership.
Positive asset growth over the past decade, from $23,834 in 2014 to $50,702 in 2023.
Long and consistent IRS 990 filing history (13 filings), demonstrating transparency.
Spending Breakdown
How Tri County Electric Trust 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 County Electric Trust
Is Tri County Electric Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Tri County Electric Trust (EIN: 205550322) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Tri County Electric Trust a good charity to donate to?
Tri County Electric Trust has a Mission Score of 85/100. Revenue: $99K. Assets: $31K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tri County Electric Trust?
The Employer Identification Number (EIN) for Tri County Electric Trust is 205550322. 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 County Electric Trust spend its money?
Tri County Electric Trust allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tri County Electric Trust's tax-exempt status?
You can verify Tri County Electric Trust's tax-exempt status using EIN 205550322 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 County Electric Trust demonstrates consistent financial activity, with revenues and expenses generally balancing out over the past decade. In 2023, the organization reported revenues of $122,863 against expenses of $118,017, indicating a slight surplus. The organization's assets have fluctuated but show a positive trend, reaching $50,702 in 2023 with no reported liabilities, which is a strong indicator of financial stability. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-driven or very lean operational structure, which can contribute to higher program efficiency.
However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. The NTEE code P12 (Electric Utilities) suggests a focus on utility-related programs, but the specific nature of their charitable activities isn't detailed in the provided data. The organization's consistent filing history over 13 periods indicates a commitment to transparency in reporting to the IRS.
Overall, Tri County Electric Trust appears to be a financially stable organization with a consistent operational history and a strong balance sheet (no liabilities). The lack of officer compensation is a notable positive, suggesting resources are directed elsewhere. Further detail on program activities and expense allocation would enhance a complete financial health assessment.