Quick charity verification for Troppe Note Foundation Inc (EIN: 203228494)
Verdict: Troppe Note Foundation Inc shows mixed signals
65/100Mission Score
$3KRevenue
$2KAssets
2Red Flags
3Strengths
Red Flags
Very low and inconsistent revenue, potentially limiting program impact
Minimal assets ($1,558 in 2021) indicating limited financial reserves
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds for leadership
Consistently low liabilities ($1 across all filings), suggesting sound debt management
Consistent filing of IRS 990 forms, demonstrating transparency
Spending Breakdown
How Troppe Note Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Troppe Note Foundation Inc
Is Troppe Note Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Troppe Note Foundation Inc (EIN: 203228494) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Troppe Note Foundation Inc a good charity to donate to?
Troppe Note Foundation Inc has a Mission Score of 65/100. Revenue: $3K. Assets: $2K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Troppe Note Foundation Inc?
The Employer Identification Number (EIN) for Troppe Note Foundation Inc is 203228494. 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 Troppe Note Foundation Inc spend its money?
Troppe Note Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Troppe Note Foundation Inc's tax-exempt status?
You can verify Troppe Note Foundation Inc's tax-exempt status using EIN 203228494 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 Troppe Note Foundation Inc. appears to be a very small organization with consistently low revenue and assets over its filing history. In its latest filing (202112), the organization reported revenue of $2,900 and assets of $1,558, indicating minimal financial activity. The expenses for the same period were $1,946, suggesting a small operational footprint. The organization has consistently reported zero officer compensation across all available filings, which is a positive indicator for donor trust and efficient use of funds, especially for an organization of this size. However, the NTEE code A60 (Arts, Culture, Humanities - General) combined with such low financial activity raises questions about the actual impact and scope of its programs.
Spending efficiency is difficult to fully assess without a detailed breakdown of expenses beyond total expenses. Given the very low revenue and expenses, a significant portion of funds likely goes towards direct program activities, but without specific program expense figures, this remains an assumption. The consistent reporting of minimal liabilities ($1) across all periods suggests sound financial management in terms of debt, but also reinforces the image of a very limited operational scale. The organization's transparency is good in terms of filing its 990s, but the lack of detailed financial information due to its small size limits a deeper analysis of its programmatic effectiveness.
Overall, Troppe Note Foundation Inc. operates on a very modest scale. While it demonstrates good financial hygiene by keeping liabilities low and not paying executive compensation, its impact is likely constrained by its limited financial resources. Donors should consider the scale of operations and the specific programs supported when evaluating this charity.