Expenses closely align with revenue, suggesting prudent financial management and avoiding significant deficits.
Long filing history (13 filings) indicates consistent compliance and transparency.
Spending Breakdown
How Tried & True allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Tried & True
Is Tried & True a legitimate charity?
Based on AI analysis of IRS 990 filings, Tried & True (EIN: 202057887) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Tried & True a good charity to donate to?
Tried & True has a Mission Score of 92/100. Revenue: $220K. Assets: $94K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tried & True?
The Employer Identification Number (EIN) for Tried & True is 202057887. 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 Tried & True spend its money?
Tried & True allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tried & True's tax-exempt status?
You can verify Tried & True's tax-exempt status using EIN 202057887 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
Tried & True demonstrates consistent financial activity, with revenues and expenses showing a gradual upward trend over the past decade. In the most recent filing (202312), the organization reported revenues of $223,579 against expenses of $223,808, indicating a near break-even operation. Assets have also grown steadily from $46,595 in 2014 to $99,287 in 2023, suggesting responsible asset management. The organization consistently reports 0% officer compensation, which is a strong indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries.
The organization's financial health appears stable, with a healthy asset-to-liability ratio (e.g., $99,287 in assets vs. $11,905 in liabilities in 2023). The consistent reporting of no officer compensation enhances its transparency and suggests a volunteer-driven or very lean administrative structure. While specific program spending details are not provided in the summary data, the absence of executive compensation is a positive sign for spending efficiency.
Overall, Tried & True appears to be a financially stable and transparent organization, particularly given its consistent reporting of no officer compensation. Its steady growth in revenue and assets over a decade, coupled with expenses closely matching revenue, indicates prudent financial management. The organization's commitment to not paying officers suggests a strong focus on its mission.