Quick charity verification for Bellingham Bay Community Boatingcenter (EIN: 204946594)
Verdict: Bellingham Bay Community Boatingcenter appears trustworthy
92/100Mission Score
$1.0MRevenue
$1.4MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Significant revenue growth, especially in 202312 ($1,342,431).
Consistent 0% officer compensation, indicating efficient use of funds.
Strong asset growth, reaching $1,150,823 in 202312.
Low liabilities relative to assets, suggesting good financial management.
Positive net income trend, with revenue consistently exceeding expenses in recent years.
Spending Breakdown
How Bellingham Bay Community Boatingcenter allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Bellingham Bay Community Boatingcenter
Is Bellingham Bay Community Boatingcenter a legitimate charity?
Based on AI analysis of IRS 990 filings, Bellingham Bay Community Boatingcenter (EIN: 204946594) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Bellingham Bay Community Boatingcenter a good charity to donate to?
Bellingham Bay Community Boatingcenter has a Mission Score of 92/100. Revenue: $1.0M. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bellingham Bay Community Boatingcenter?
The Employer Identification Number (EIN) for Bellingham Bay Community Boatingcenter is 204946594. 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 Bellingham Bay Community Boatingcenter spend its money?
Bellingham Bay Community Boatingcenter allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bellingham Bay Community Boatingcenter's tax-exempt status?
You can verify Bellingham Bay Community Boatingcenter's tax-exempt status using EIN 204946594 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
Bellingham Bay Community Boatingcenter demonstrates strong financial health and growth, particularly in its most recent filing period (202312) where revenue surged to $1,342,431, significantly exceeding expenses of $770,355. This substantial surplus has contributed to a healthy increase in assets, which grew from $574,210 in 202212 to $1,150,823 in 202312. The organization consistently reports 0% officer compensation, indicating a volunteer-led or very lean executive structure, which is a positive sign for donor confidence and efficient use of funds. Their liabilities remain very low relative to assets, suggesting good financial management and minimal debt burden.
The organization's spending efficiency appears robust, with a clear trend of revenue growth outpacing expense growth in recent years, leading to increased reserves. The absence of officer compensation further enhances their efficiency metrics. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial trajectory suggests a well-managed organization. Their consistent filing history over 13 periods also points to good transparency and adherence to regulatory requirements.
Overall, Bellingham Bay Community Boatingcenter exhibits a strong financial position, marked by impressive revenue growth, prudent expense management, and a commitment to minimizing executive overhead. The significant increase in assets and low liabilities underscore a sustainable financial model, allowing them to build capacity for their mission.