Quick charity verification for Wellfleet Preservation Hall (EIN: 141980689)
Verdict: Wellfleet Preservation Hall appears trustworthy
85/100Mission Score
$570KRevenue
$2.9MAssets
2Red Flags
3Strengths
Red Flags
Consistent operating deficits in recent years (e.g., 2023 expenses $666,508 vs. revenue $371,379)
Declining asset base from a high of $3,754,692 in 2014 to $3,108,228 in 2023
Strengths
0% officer compensation reported across all filings, indicating high efficiency and dedication to mission
Stable and substantial asset base ($3,108,228 in 2023) providing financial cushion
Long history of IRS 990 filings (13 filings), demonstrating transparency and consistent operation
Spending Breakdown
How Wellfleet Preservation Hall 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 Wellfleet Preservation Hall
Is Wellfleet Preservation Hall a legitimate charity?
Based on AI analysis of IRS 990 filings, Wellfleet Preservation Hall (EIN: 141980689) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Wellfleet Preservation Hall a good charity to donate to?
Wellfleet Preservation Hall has a Mission Score of 85/100. Revenue: $570K. Assets: $2.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wellfleet Preservation Hall?
The Employer Identification Number (EIN) for Wellfleet Preservation Hall is 141980689. 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 Wellfleet Preservation Hall spend its money?
Wellfleet Preservation Hall allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wellfleet Preservation Hall's tax-exempt status?
You can verify Wellfleet Preservation Hall's tax-exempt status using EIN 141980689 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
Wellfleet Preservation Hall demonstrates a consistent commitment to its mission, as evidenced by its program spending. While the organization has experienced fluctuating revenues, with the latest reported revenue at $371,379 in 2023, it has maintained a stable asset base, currently at $3,108,228. The organization's financial health shows some recent challenges, with expenses exceeding revenue in the last three reported periods (e.g., $666,508 in expenses vs. $371,379 in revenue in 2023). This trend of operating deficits, if sustained, could impact long-term sustainability despite the healthy asset base. The absence of reported officer compensation across all filings indicates a strong commitment to directing resources towards the organization's mission and operational needs, enhancing its transparency and efficiency profile.