Quick charity verification for Belgrade Lakes Association (EIN: 10377308)
Verdict: Belgrade Lakes Association appears trustworthy
90/100Mission Score
$774KRevenue
$875KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero reported officer compensation, maximizing funds for mission.
Consistent asset growth, from $308,408 in 2014 to $783,213 in 2023.
Revenues consistently exceeding expenses in recent years (e.g., 2023 revenue $283,359 vs. expenses $165,027).
Very low liabilities across all filing periods, indicating strong financial management.
Consistent IRS 990 filing history (13 filings), demonstrating transparency.
Spending Breakdown
How Belgrade Lakes Association 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 Belgrade Lakes Association
Is Belgrade Lakes Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Belgrade Lakes Association (EIN: 10377308) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Belgrade Lakes Association a good charity to donate to?
Belgrade Lakes Association has a Mission Score of 90/100. Revenue: $774K. Assets: $875K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Belgrade Lakes Association?
The Employer Identification Number (EIN) for Belgrade Lakes Association is 10377308. 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 Belgrade Lakes Association spend its money?
Belgrade Lakes Association allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Belgrade Lakes Association's tax-exempt status?
You can verify Belgrade Lakes Association's tax-exempt status using EIN 10377308 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 Belgrade Lakes Association demonstrates consistent financial health, with revenues generally exceeding expenses in recent years, leading to a steady growth in assets. For example, in 2023, revenue was $283,359 against expenses of $165,027, contributing to an increase in assets to $783,213. The organization's liabilities have remained very low, indicating strong financial management and minimal debt burden. The absence of reported officer compensation across all available filings suggests a high degree of volunteerism at the leadership level, which is a positive indicator for donor confidence and efficient use of funds. While specific program spending ratios are not detailed in the provided data, the overall financial trends suggest a well-managed organization focused on its mission without significant overheads from executive salaries. The consistent filing of IRS Form 990s over 13 periods also points to a commitment to transparency.