Is American Sokol Organization Sokol Fort Worth Legit?
Quick charity verification for American Sokol Organization Sokol Fort Worth (EIN: 202082552)
Verdict: American Sokol Organization Sokol Fort Worth appears trustworthy
75/100Mission Score
$1.1MRevenue
$1.0MAssets
2Red Flags
3Strengths
Red Flags
Significant fluctuations in assets and liabilities without clear explanations in the provided data.
Periods of deficit spending where expenses exceeded revenue (e.g., 2022, 2020, 2019).
Strengths
Consistent reporting of 0% officer compensation, indicating low executive overhead.
Positive net income in recent years (e.g., 2023: $272,336 revenue vs. $191,807 expenses), demonstrating financial recovery and sustainability.
Long filing history (13 filings) suggests consistent compliance and operational longevity.
Spending Breakdown
How American Sokol Organization Sokol Fort Worth allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 American Sokol Organization Sokol Fort Worth
Is American Sokol Organization Sokol Fort Worth a legitimate charity?
Based on AI analysis of IRS 990 filings, American Sokol Organization Sokol Fort Worth (EIN: 202082552) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is American Sokol Organization Sokol Fort Worth a good charity to donate to?
American Sokol Organization Sokol Fort Worth has a Mission Score of 75/100. Revenue: $1.1M. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for American Sokol Organization Sokol Fort Worth?
The Employer Identification Number (EIN) for American Sokol Organization Sokol Fort Worth is 202082552. 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 American Sokol Organization Sokol Fort Worth spend its money?
American Sokol Organization Sokol Fort Worth allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify American Sokol Organization Sokol Fort Worth's tax-exempt status?
You can verify American Sokol Organization Sokol Fort Worth's tax-exempt status using EIN 202082552 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
American Sokol Organization Sokol Fort Worth demonstrates a generally stable financial position, with recent filings showing positive net income in 2023 ($272,336 revenue vs. $191,807 expenses) and 2021 ($201,544 revenue vs. $135,324 expenses). However, there have been periods of deficit spending, such as in 2022, 2020, 2019, 2018, and 2014, where expenses exceeded revenue. The organization's assets have fluctuated significantly, from a low of $168,350 in 2019 to a high of $491,355 in 2021, and currently stand at $234,202 as of 2023. Liabilities have also varied, reaching a peak of $280,234 in 2021 and decreasing to $90,486 in 2023. The absence of reported officer compensation across all filings suggests a volunteer-led or very lean administrative structure, which can be a positive indicator of efficiency, though it also means less detail is available regarding executive financial management.
The organization's financial health appears to be recovering from some past deficits, with the latest filing showing a healthy surplus. The lack of detailed expense breakdowns (program, administrative, fundraising) in the provided data makes a precise assessment of spending efficiency challenging. However, the consistent reporting of zero officer compensation points to a commitment to minimizing overhead in that specific area. Transparency regarding the allocation of funds across program, administrative, and fundraising categories would enhance the overall assessment of its financial practices.