Quick charity verification for American Watercraft Association Inc (EIN: 200520314)
Verdict: American Watercraft Association Inc appears trustworthy
90/100Mission Score
$233KRevenue
$179KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial surpluses (e.g., $20,734 surplus in 2023)
Steady growth in assets over time (from $24,184 in 2014 to $156,713 in 2023)
No reported officer compensation, indicating volunteer leadership and high efficiency
Low and manageable liabilities relative to assets
Stable revenue generation over the past decade
Spending Breakdown
How American Watercraft Association 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 American Watercraft Association Inc
Is American Watercraft Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Watercraft Association Inc (EIN: 200520314) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is American Watercraft Association Inc a good charity to donate to?
American Watercraft Association Inc has a Mission Score of 90/100. Revenue: $233K. Assets: $179K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for American Watercraft Association Inc?
The Employer Identification Number (EIN) for American Watercraft Association Inc is 200520314. 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 Watercraft Association Inc spend its money?
American Watercraft Association Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify American Watercraft Association Inc's tax-exempt status?
You can verify American Watercraft Association Inc's tax-exempt status using EIN 200520314 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 American Watercraft Association Inc. demonstrates consistent financial stability with revenues generally exceeding expenses over the past several years. For instance, in 2023, revenue was $226,467 against expenses of $205,733, resulting in a surplus. The organization's assets have shown steady growth, increasing from $24,184 in 2014 to $156,713 in 2023, indicating prudent financial management and accumulation of reserves. Liabilities have remained relatively low and manageable, suggesting a healthy balance sheet.
Regarding spending efficiency, the organization's program spending ratio is not explicitly detailed in the provided data, but the consistent surpluses suggest that overall expenses are well-managed relative to income. The absence of officer compensation reported across all filings indicates a volunteer-driven leadership structure, which can significantly reduce administrative overhead and direct more funds towards the mission. This practice enhances the organization's financial efficiency and transparency.
Overall, the American Watercraft Association Inc. appears to be a financially sound and transparent organization. Its consistent revenue, controlled expenses, growing asset base, and lack of reported officer compensation point to a well-managed nonprofit focused on its mission. The steady growth in assets also provides a buffer for future operations and initiatives.