Is Tulsa Renaissance Development Corporation Legit?
Quick charity verification for Tulsa Renaissance Development Corporation (EIN: 200343399)
Verdict: Tulsa Renaissance Development Corporation appears trustworthy
75/100Mission Score
$81KRevenue
$672KAssets
1Red Flags
3Strengths
Red Flags
Significant year-over-year fluctuations in revenue and expenses, making financial predictability difficult.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
Strong asset base relative to recent revenue, suggesting good financial stability.
Low to no reported liabilities across most filing periods.
Spending Breakdown
How Tulsa Renaissance Development Corporation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Renaissance Development Corporation
Is Tulsa Renaissance Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Tulsa Renaissance Development Corporation (EIN: 200343399) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
Is Tulsa Renaissance Development Corporation a good charity to donate to?
Tulsa Renaissance Development Corporation has a Mission Score of 75/100. Revenue: $81K. Assets: $672K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tulsa Renaissance Development Corporation?
The Employer Identification Number (EIN) for Tulsa Renaissance Development Corporation is 200343399. 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 Renaissance Development Corporation spend its money?
Tulsa Renaissance Development Corporation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tulsa Renaissance Development Corporation's tax-exempt status?
You can verify Tulsa Renaissance Development Corporation's tax-exempt status using EIN 200343399 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 Renaissance Development Corporation exhibits fluctuating financial activity over its filing history. While the organization reported $81,128 in latest revenue and holds $672,313 in assets, its revenue and expenses have varied significantly, from $253,422 in revenue and $148,090 in expenses in 2020 to $200 in revenue and expenses in 2018. The organization consistently reports zero officer compensation across all available filings, which is a positive indicator for donor confidence regarding executive pay. However, without a detailed breakdown of expenses (program, administrative, fundraising) from the provided data, a precise assessment of spending efficiency is challenging. The consistent reporting of zero liabilities in most periods, with a minor exception of $10,000 in 2020, suggests good financial management regarding debt. The organization's transparency is good in terms of officer compensation, but more detailed expense allocation would enhance a full financial health assessment.