Quick charity verification for Aquarium Of Boise Inc (EIN: 203536638)
Verdict: Aquarium Of Boise Inc appears trustworthy
90/100Mission Score
$1.4MRevenue
$1.4MAssets
2Red Flags
5Strengths
Red Flags
Unusually low liabilities relative to assets, which could indicate aggressive accounting or a very conservative financial strategy.
0% officer compensation reported across all filings, which is atypical for an organization with over $1 million in revenue and could warrant further investigation into how leadership is compensated or structured.
Strengths
Consistent and significant revenue growth, from $598,465 in 2020 to $1,297,772 in 2023.
Strong asset accumulation, growing from $169,333 in 2020 to $1,264,261 in 2023.
Efficient spending with revenue consistently exceeding expenses, leading to healthy surpluses.
Very low liabilities relative to assets, indicating strong financial stability.
No reported officer compensation, suggesting a high dedication to mission-focused spending.
Spending Breakdown
How Aquarium Of Boise 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 Aquarium Of Boise Inc
Is Aquarium Of Boise Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Aquarium Of Boise Inc (EIN: 203536638) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is Aquarium Of Boise Inc a good charity to donate to?
Aquarium Of Boise Inc has a Mission Score of 90/100. Revenue: $1.4M. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Aquarium Of Boise Inc?
The Employer Identification Number (EIN) for Aquarium Of Boise Inc is 203536638. 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 Aquarium Of Boise Inc spend its money?
Aquarium Of Boise Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Aquarium Of Boise Inc's tax-exempt status?
You can verify Aquarium Of Boise Inc's tax-exempt status using EIN 203536638 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 Aquarium Of Boise Inc demonstrates consistent financial growth and strong program spending efficiency. Over the past five years, revenue has steadily increased from $598,465 in 2020 to $1,297,772 in 2023, indicating growing public support and operational success. The organization has also significantly grown its assets from $169,333 in 2020 to $1,264,261 in 2023, strengthening its financial foundation. With liabilities consistently low relative to assets, the Aquarium appears to manage its finances prudently.
Spending efficiency is a notable strength, as evidenced by the consistent surplus of revenue over expenses in recent years (e.g., $1,297,772 revenue vs. $994,434 expenses in 2023). This surplus allows for asset growth and reinvestment into its mission. The absence of reported officer compensation across all filings suggests a commitment to directing funds towards operational costs and programs rather than executive salaries, which enhances its transparency and public trust.
Overall, the Aquarium Of Boise Inc exhibits healthy financial management, a clear focus on its mission through efficient spending, and a high degree of transparency regarding executive compensation. Its sustained growth in revenue and assets, coupled with low liabilities, positions it as a financially stable and well-managed nonprofit.