Quick charity verification for Associated Businesses Of Bridgeport (EIN: 203009266)
Verdict: Associated Businesses Of Bridgeport has notable concerns
20/100Mission Score
$0Revenue
$0Assets
3Red Flags
1Strengths
Red Flags
Lack of recent financial data (last detailed filing 2011)
Reported $0 revenue and assets in latest summary
Expenses exceeded revenue in the last reported period ($6,158 vs $3,000)
Strengths
No officer compensation reported in 2011 filing
Spending Breakdown
How Associated Businesses Of Bridgeport allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
100%
Admin Costs
High — over 25% on administration
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 Associated Businesses Of Bridgeport
Is Associated Businesses Of Bridgeport a legitimate charity?
Based on AI analysis of IRS 990 filings, Associated Businesses Of Bridgeport (EIN: 203009266) has notable concerns. Mission Score: 20/100. 3 red flags identified, 1 strength noted.
Is Associated Businesses Of Bridgeport a good charity to donate to?
Associated Businesses Of Bridgeport has a Mission Score of 20/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Associated Businesses Of Bridgeport?
The Employer Identification Number (EIN) for Associated Businesses Of Bridgeport is 203009266. 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 Associated Businesses Of Bridgeport spend its money?
Associated Businesses Of Bridgeport allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Associated Businesses Of Bridgeport's tax-exempt status?
You can verify Associated Businesses Of Bridgeport's tax-exempt status using EIN 203009266 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
Associated Businesses Of Bridgeport appears to be a very small organization with minimal financial activity. In its latest reported period (201112), the organization reported $3,000 in revenue and $6,158 in expenses, resulting in a deficit. Its assets were only $261, with no reported liabilities. The lack of more recent financial data makes a comprehensive assessment challenging, and the organization's current operational status is unclear given the zero revenue and assets in the latest available summary. The single filing available is from over a decade ago, which significantly limits the ability to assess current financial health or transparency practices.