Quick charity verification for Triangle Community Center Inc (EIN: 223079559)
Verdict: Triangle Community Center Inc appears trustworthy
85/100Mission Score
$1.2MRevenue
$680KAssets
2Red Flags
3Strengths
Red Flags
Fundraising expenses are consistently high, reaching $1,437,575 in 2023, which is a significant portion of total expenses and revenue.
The organization's liabilities have increased substantially from $52,464 in 2021 to $459,195 in 2023.
Strengths
Consistent revenue growth over the past several years, from $466,370 in 2016 to $1,126,601 in 2023.
Strong asset growth, increasing from $134,229 in 2016 to $766,839 in 2023.
The organization consistently reports 0% compensation for key personnel, indicating a potentially high level of volunteer engagement or efficient use of resources for leadership.
Spending Breakdown
How Triangle Community Center Inc allocates its funds across programs, administration, and fundraising.
65%
Program Spending
Below average — room for improvement
10%
Admin Costs
Reasonable — admin costs in check
25%
Fundraising
Above average fundraising costs
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 Triangle Community Center Inc
Is Triangle Community Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Triangle Community Center Inc (EIN: 223079559) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Triangle Community Center Inc a good charity to donate to?
Triangle Community Center Inc has a Mission Score of 85/100. Revenue: $1.2M. Assets: $680K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Triangle Community Center Inc?
The Employer Identification Number (EIN) for Triangle Community Center Inc is 223079559. 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 Triangle Community Center Inc spend its money?
Triangle Community Center Inc allocates 65% to programs, 10% to administration, and 25% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Triangle Community Center Inc's tax-exempt status?
You can verify Triangle Community Center Inc's tax-exempt status using EIN 223079559 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
Triangle Community Center Inc is a recreation & sports nonprofit based in Norwalk, Connecticut, with reported revenue of $1.2M and assets of $680K. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 65% of spending goes to programs, 10% to administration, and 25% to fundraising. The organization reports $0 in compensation for officers, directors, trustees, and key employees across all available filings, suggesting a volunteer-led executive structure or that executive compensation is handled through non-employee contracts not detailed in this section. Revenue has grown +3184% across 15 filing periods.