Quick charity verification for Union Square Main Streets Inc (EIN: 201834007)
Verdict: Union Square Main Streets Inc appears trustworthy
92/100Mission Score
$967KRevenue
$220KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong and consistent revenue growth, from $103,387 in 2015 to $920,619 in 2023.
Consistent reporting of 0% officer compensation, indicating high efficiency and mission focus.
Healthy asset growth, reaching $370,415 in 2023, demonstrating financial stability.
Generally positive net income, allowing for reinvestment into the organization's mission.
Robust IRS 990 filing history (14 filings), indicating strong transparency.
Spending Breakdown
How Union Square Main Streets 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 Union Square Main Streets Inc
Is Union Square Main Streets Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Union Square Main Streets Inc (EIN: 201834007) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Union Square Main Streets Inc a good charity to donate to?
Union Square Main Streets Inc has a Mission Score of 92/100. Revenue: $967K. Assets: $220K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Union Square Main Streets Inc?
The Employer Identification Number (EIN) for Union Square Main Streets Inc is 201834007. 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 Union Square Main Streets Inc spend its money?
Union Square Main Streets Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Union Square Main Streets Inc's tax-exempt status?
You can verify Union Square Main Streets Inc's tax-exempt status using EIN 201834007 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
Union Square Main Streets Inc demonstrates a strong and consistent growth trajectory in its financial health, with revenue increasing significantly from $103,387 in 2015 to $920,619 in 2023. This growth is accompanied by a healthy accumulation of assets, reaching $370,415 in 2023, indicating good financial management and capacity building. The organization consistently operates with a positive net income in most years, such as in 2023 where revenue exceeded expenses by over $180,000, allowing for reinvestment into its mission.
The organization appears to be highly efficient in its spending, as evidenced by its consistent ability to manage expenses relative to its revenue growth. The absence of reported officer compensation across all available filings suggests a strong commitment to directing funds towards programmatic activities rather than executive salaries, which is a positive indicator of spending efficiency. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health and growth suggest effective resource allocation.
In terms of transparency, the organization has a robust filing history with 14 IRS 990 filings, indicating a commitment to public disclosure. The consistent reporting of zero officer compensation is a transparent practice that builds trust. The clear growth in assets and revenue, alongside managed liabilities, points to a well-governed and financially accountable entity.