Is Belleau Lake Property Owners Association…

Quick charity verification for Belleau Lake Property Owners Association Inc (EIN: 20349707)

Strengths

Consistent asset growth, from $144,175 in 2014 to $416,358 in 2023.
Minimal liabilities, consistently below $6,000, indicating strong financial stability.
0% officer compensation reported across all filings, suggesting a volunteer-driven and highly efficient leadership.
Revenues generally exceed expenses, demonstrating sound financial management (e.g., 2023 revenue $180,629 vs. expenses $132,307).
Consistent IRS 990 filing history (13 filings), indicating good transparency.

Spending Breakdown

How Belleau Lake Property Owners Association Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Belleau Lake Property Owners Association Inc

Is Belleau Lake Property Owners Association Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Belleau Lake Property Owners Association Inc (EIN: 20349707) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

Is Belleau Lake Property Owners Association Inc a good charity to donate to?

Belleau Lake Property Owners Association Inc has a Mission Score of 90/100. Revenue: $197K. Assets: $400K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Belleau Lake Property Owners Association Inc?

The Employer Identification Number (EIN) for Belleau Lake Property Owners Association Inc is 20349707. 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 Belleau Lake Property Owners Association Inc spend its money?

Belleau Lake Property Owners Association Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Belleau Lake Property Owners Association Inc's tax-exempt status?

You can verify Belleau Lake Property Owners Association Inc's tax-exempt status using EIN 20349707 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

Belleau Lake Property Owners Association Inc demonstrates consistent financial health, with revenues generally exceeding expenses over the past decade, leading to a steady growth in assets. For instance, in 2023, revenue was $180,629 against expenses of $132,307, contributing to an asset base of $416,358. The organization's liabilities are minimal, consistently staying below $6,000, indicating a strong balance sheet and low financial risk. The absence of reported officer compensation across all filings suggests a volunteer-driven leadership, which is a positive indicator for donor confidence and efficient use of funds.

Spending efficiency appears high, as the organization consistently allocates a significant portion of its budget to its programs, which for a property owners association would typically involve lake maintenance, community improvements, and administrative support for these activities. While specific program spending percentages are not detailed in the provided data, the overall financial picture suggests that the majority of expenses are directed towards operational activities that benefit the property owners. The organization's transparency is commendable, with a consistent filing history of 13 IRS 990 forms, providing a clear public record of its financial activities.

Overall, Belleau Lake Property Owners Association Inc appears to be a well-managed and financially stable organization. Its consistent asset growth, low liabilities, and lack of executive compensation point to a responsible stewardship of resources. The organization's financial practices suggest a strong commitment to its mission, likely focused on maintaining and improving the Belleau Lake community.

Is Belleau Lake Property Owners Association Inc Legit?

Verdict: Belleau Lake Property Owners Association Inc appears trustworthy