Quick charity verification for Belmont Golf Scholarship Fund Inc (EIN: 201723275)
Verdict: Belmont Golf Scholarship Fund Inc appears trustworthy
95/100Mission Score
$394KRevenue
$1.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $267,930 in 201412 to $1,142,503 currently.
Zero liabilities reported across all filing periods, indicating excellent financial management.
0% officer compensation, maximizing funds for charitable programs.
Consistent IRS 990 filing history (13 filings), demonstrating strong transparency.
Positive net income in most periods, allowing for reinvestment into the mission.
Spending Breakdown
How Belmont Golf Scholarship Fund Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Belmont Golf Scholarship Fund Inc
Is Belmont Golf Scholarship Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Belmont Golf Scholarship Fund Inc (EIN: 201723275) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Belmont Golf Scholarship Fund Inc a good charity to donate to?
Belmont Golf Scholarship Fund Inc has a Mission Score of 95/100. Revenue: $394K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Belmont Golf Scholarship Fund Inc?
The Employer Identification Number (EIN) for Belmont Golf Scholarship Fund Inc is 201723275. 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 Belmont Golf Scholarship Fund Inc spend its money?
Belmont Golf Scholarship Fund Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Belmont Golf Scholarship Fund Inc's tax-exempt status?
You can verify Belmont Golf Scholarship Fund Inc's tax-exempt status using EIN 201723275 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 Belmont Golf Scholarship Fund Inc. demonstrates consistent financial health and a strong commitment to its program services. Over the past decade, the organization has shown steady growth in both revenue and assets, with its latest reported assets at $1,142,503. The organization consistently maintains zero liabilities, indicating excellent financial management and a lack of debt. This strong balance sheet provides a solid foundation for its scholarship programs.
Spending efficiency appears high, as evidenced by the consistent growth in assets relative to expenses. For example, in the 202312 period, expenses were $157,125 against revenue of $182,996, allowing for a significant increase in assets. The absence of officer compensation across all reported periods is a strong indicator of volunteer leadership, which further maximizes funds available for programs. This operational model contributes significantly to the organization's overall efficiency.
Transparency is excellent, particularly given the consistent filing of IRS 990 forms over 13 periods and the clear financial statements showing no liabilities and no executive compensation. This level of detail and consistency in reporting allows for a clear understanding of the organization's financial activities and its dedication to its mission.