Quick charity verification for Tulsa Educare Inc (EIN: 201232950)
Verdict: Tulsa Educare Inc appears trustworthy
90/100Mission Score
$25.8MRevenue
$33.6MAssets
1Red Flags
5Strengths
Red Flags
Unusually low or zero reported officer compensation for an organization of this size, which may obscure executive pay if categorized elsewhere.
Strengths
Consistent and significant revenue growth, more than doubling from $10.59M in 2014 to $23.52M in 2023.
Strong asset growth, increasing from $15.97M in 2014 to $33.85M in 2023, indicating sound financial management.
Efficient spending with expenses consistently below or very close to revenue, leading to positive net income in recent years (e.g., $1.32M in 2023).
Zero reported officer compensation across all filings, suggesting a high dedication of resources to programs or volunteer leadership.
Healthy asset-to-liability ratio, indicating strong financial solvency (e.g., $33.85M assets vs $1.77M liabilities in 2023).
Spending Breakdown
How Tulsa Educare Inc 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 Tulsa Educare Inc
Is Tulsa Educare Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tulsa Educare Inc (EIN: 201232950) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Tulsa Educare Inc a good charity to donate to?
Tulsa Educare Inc has a Mission Score of 90/100. Revenue: $25.8M. Assets: $33.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tulsa Educare Inc?
The Employer Identification Number (EIN) for Tulsa Educare Inc is 201232950. 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 Tulsa Educare Inc spend its money?
Tulsa Educare Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tulsa Educare Inc's tax-exempt status?
You can verify Tulsa Educare Inc's tax-exempt status using EIN 201232950 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
Tulsa Educare Inc demonstrates strong financial health and consistent growth over the past decade. The organization's revenue has more than doubled from $10.59 million in 2014 to $23.52 million in 2023, indicating robust fundraising and program expansion. Assets have also grown significantly, from $15.97 million to $33.85 million in the same period, suggesting sound financial management and investment in its mission. The consistent positive net income in recent years (e.g., $1.32 million in 2023, $429,919 in 2022, $4.09 million in 2021) further solidifies its financial stability.
The organization appears to be highly efficient in its spending, with expenses consistently below or very close to revenue, indicating that funds are being managed effectively. The absence of reported officer compensation across all available filings is a notable aspect of its transparency and commitment to directing resources towards its programs. This practice, while unusual, suggests a strong volunteer leadership or that executive compensation is reported under different categories not explicitly labeled as 'Officer Comp' in the summary data provided. Further investigation into detailed expense breakdowns would clarify this.
Overall, Tulsa Educare Inc exhibits a healthy financial trajectory, responsible asset management, and a high degree of transparency regarding executive compensation, making it appear as a well-managed nonprofit. Its consistent growth in revenue and assets, coupled with efficient spending, points to a sustainable and impactful operation.