Quick charity verification for Trinidad Community Foundation (EIN: 205077446)
Verdict: Trinidad Community Foundation appears trustworthy
90/100Mission Score
$302KRevenue
$225KAssets
1Red Flags
5Strengths
Red Flags
Significant fluctuation in assets and liabilities in 202206 (Assets=$390,866, Liabilities=$341,076) which could indicate a large project or financial event.
Strengths
Consistent zero officer compensation across all filings, indicating strong dedication of funds to mission.
Significant revenue growth in recent years (e.g., from $70,872 in 202106 to over $400,000 in 202306 and 202406).
Positive net income in recent periods (e.g., $37,835 in 202406 and $77,703 in 202306), demonstrating financial health.
Extensive filing history (14 filings) indicating strong transparency and compliance.
Low liabilities relative to assets in recent periods (e.g., $5,167 liabilities vs. $170,495 assets in 202406).
Spending Breakdown
How Trinidad Community Foundation 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 Trinidad Community Foundation
Is Trinidad Community Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Trinidad Community Foundation (EIN: 205077446) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Trinidad Community Foundation a good charity to donate to?
Trinidad Community Foundation has a Mission Score of 90/100. Revenue: $302K. Assets: $225K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Trinidad Community Foundation?
The Employer Identification Number (EIN) for Trinidad Community Foundation is 205077446. 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 Trinidad Community Foundation spend its money?
Trinidad Community Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Trinidad Community Foundation's tax-exempt status?
You can verify Trinidad Community Foundation's tax-exempt status using EIN 205077446 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
The Trinidad Community Foundation demonstrates a generally healthy financial trajectory, with recent years showing significant growth in revenue and a positive net income. For instance, in the 202406 period, revenue was $425,359 against expenses of $387,524, indicating a surplus. This positive trend is also seen in the 202306 period with revenues of $435,380 exceeding expenses of $357,677. The organization's assets have fluctuated, with a notable dip in 202206 to $390,866 from a higher point, but have since recovered to $170,495 in 202406, indicating a rebuilding of its financial base.
The foundation appears to be spending efficiently, as evidenced by its consistent positive net income in recent years. The absence of reported officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of spending efficiency. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the overall financial health suggests a responsible allocation of resources.
Transparency is high given the consistent filing of IRS Form 990s over 14 periods, making its financial data publicly accessible. The consistent reporting of zero officer compensation further enhances its transparency profile, demonstrating that financial resources are not being diverted to high executive salaries. The organization's financial history, while showing some variability in earlier years, has stabilized and grown, reflecting a mature and well-managed entity.