Quick charity verification for Baltimore Kids Chess League Inc (EIN: 161682580)
Verdict: Baltimore Kids Chess League Inc appears trustworthy
92/100Mission Score
$169KRevenue
$147KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth (e.g., $73,700 in 2020 to $199,580 in 2023).
Zero reported liabilities across all filings.
0% officer compensation, indicating high dedication to mission and efficient use of funds.
Consistent asset growth (e.g., $22,628 in 2020 to $101,807 in 2023).
Expenses generally track below or close to revenue, allowing for asset accumulation.
Spending Breakdown
How Baltimore Kids Chess League Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Baltimore Kids Chess League Inc
Is Baltimore Kids Chess League Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Baltimore Kids Chess League Inc (EIN: 161682580) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Baltimore Kids Chess League Inc a good charity to donate to?
Baltimore Kids Chess League Inc has a Mission Score of 92/100. Revenue: $169K. Assets: $147K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Baltimore Kids Chess League Inc?
The Employer Identification Number (EIN) for Baltimore Kids Chess League Inc is 161682580. 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 Baltimore Kids Chess League Inc spend its money?
Baltimore Kids Chess League Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Baltimore Kids Chess League Inc's tax-exempt status?
You can verify Baltimore Kids Chess League Inc's tax-exempt status using EIN 161682580 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
Baltimore Kids Chess League Inc demonstrates consistent growth in revenue and assets over the past few years, indicating a healthy financial trajectory. For instance, revenue grew from $73,700 in 2020 to $199,580 in 2023, and assets increased from $22,628 to $101,807 in the same period. The organization consistently reports zero liabilities, which is a strong indicator of financial stability and responsible management. This suggests the organization is not burdened by debt and maintains a solid financial foundation.
The organization's spending efficiency appears strong, with expenses generally tracking below or close to revenue, allowing for asset accumulation. A key aspect of their financial health is the reported 0% officer compensation across all available filings, which suggests a volunteer-driven leadership or very modest compensation not categorized as officer pay, contributing to more funds being available for programs. This practice enhances donor confidence and indicates a high degree of dedication to the mission.
Transparency is high given the consistent filing of IRS Form 990s and the clear financial data provided. The absence of liabilities and officer compensation further simplifies the financial picture, making it easy for stakeholders to understand how funds are managed. The consistent growth and prudent financial management, coupled with the lack of executive compensation, paint a picture of a well-managed and mission-focused nonprofit.