Is Agricultural Business Council Ofkansas City Inc Legit?
Quick charity verification for Agricultural Business Council Ofkansas City Inc (EIN: 205729646)
Verdict: Agricultural Business Council Ofkansas City Inc appears trustworthy
92/100Mission Score
$298KRevenue
$220KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown in provided data prevents precise program vs. admin spending analysis (estimated based on 0% officer comp and close revenue/expense).
Strengths
Consistent revenue growth, increasing from $81,032 in 2015 to $293,918 in 2023.
Strong asset growth, from $55,870 in 2015 to $204,992 in 2023.
Zero reported liabilities across all filing periods, indicating excellent financial health.
0% officer compensation reported, suggesting highly efficient use of funds for mission.
Expenses closely track revenue, indicating funds are actively used for operations rather than excessive accumulation.
Spending Breakdown
How Agricultural Business Council Ofkansas City Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Agricultural Business Council Ofkansas City Inc
Is Agricultural Business Council Ofkansas City Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Agricultural Business Council Ofkansas City Inc (EIN: 205729646) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Agricultural Business Council Ofkansas City Inc a good charity to donate to?
Agricultural Business Council Ofkansas City Inc has a Mission Score of 92/100. Revenue: $298K. Assets: $220K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Agricultural Business Council Ofkansas City Inc?
The Employer Identification Number (EIN) for Agricultural Business Council Ofkansas City Inc is 205729646. 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 Agricultural Business Council Ofkansas City Inc spend its money?
Agricultural Business Council Ofkansas City Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Agricultural Business Council Ofkansas City Inc's tax-exempt status?
You can verify Agricultural Business Council Ofkansas City Inc's tax-exempt status using EIN 205729646 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
The Agricultural Business Council Ofkansas City Inc demonstrates consistent financial growth and stability over the past decade. Revenue has steadily increased from $81,032 in 2015 to $293,918 in 2023, indicating strong fundraising or program income. The organization consistently operates with a positive net income, as seen by revenues generally exceeding expenses, contributing to a healthy growth in assets from $55,870 in 2015 to $204,992 in 2023. This financial prudence suggests effective management of resources.
Spending efficiency appears strong, with expenses closely tracking revenue, indicating that funds are being utilized for operations rather than accumulating excessive reserves. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which suggests a volunteer-led or very lean administrative structure, potentially maximizing funds for programmatic activities. The absence of liabilities in all reported periods further underscores a robust financial position and responsible fiscal management.
Overall, the organization exhibits good financial health, a clear growth trajectory, and a commitment to transparency through its consistent 990 filings. The lack of reported liabilities and officer compensation are particularly positive indicators of financial stewardship and a focus on mission-related spending.