Quick charity verification for Twin City Development Foundation (EIN: 208548088)
Verdict: Twin City Development Foundation appears trustworthy
88/100Mission Score
$958KRevenue
$16.4MAssets
1Red Flags
4Strengths
Red Flags
Highly variable annual revenue, making future income projections challenging.
Strengths
Strong and growing asset base, currently $16,423,153.
Consistent reporting of 0% officer compensation, indicating efficient use of funds.
Generally positive net income in most recent years (e.g., $1,097,592 revenue vs $713,314 expenses in 2023).
Low liabilities relative to assets, indicating good financial health (e.g., $50,270 liabilities vs $14,990,048 assets in 2023).
Spending Breakdown
How Twin City Development 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 Twin City Development Foundation
Is Twin City Development Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Twin City Development Foundation (EIN: 208548088) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is Twin City Development Foundation a good charity to donate to?
Twin City Development Foundation has a Mission Score of 88/100. Revenue: $958K. Assets: $16.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Twin City Development Foundation?
The Employer Identification Number (EIN) for Twin City Development Foundation is 208548088. 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 Twin City Development Foundation spend its money?
Twin City Development Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Twin City Development Foundation's tax-exempt status?
You can verify Twin City Development Foundation's tax-exempt status using EIN 208548088 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
Twin City Development Foundation demonstrates a generally healthy financial position, with substantial assets of $16,423,153 and a positive net revenue in most recent years. The organization's revenue streams have shown significant variability, ranging from a negative revenue of $-115,486 in 2022 to a high of $2,506,722 in 2020. Despite these fluctuations, the foundation has consistently maintained a strong asset base, indicating good long-term financial stability. Their spending efficiency appears robust, with expenses generally well below revenue in profitable years, allowing for asset growth. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay and a potential reliance on volunteer leadership or very modest compensation structures, which is a positive indicator for donor confidence.