Quick charity verification for Berkshirerides Inc (EIN: 20669692)
Verdict: Berkshirerides Inc shows mixed signals
40/100Mission Score
$0Revenue
$0Assets
3Red Flags
1Strengths
Red Flags
Latest filing shows $0 revenue and assets, suggesting potential inactivity or closure.
Historical periods show expenses significantly exceeding revenue (e.g., 2012: $1,059,036 expenses vs. $342,198 revenue).
High liabilities in some periods (e.g., $893,164 in 2012) relative to assets, indicating potential financial strain.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds at the executive level.
Spending Breakdown
How Berkshirerides Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Berkshirerides Inc
Is Berkshirerides Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Berkshirerides Inc (EIN: 20669692) shows mixed signals. Mission Score: 40/100. 3 red flags identified, 1 strength noted.
Is Berkshirerides Inc a good charity to donate to?
Berkshirerides Inc has a Mission Score of 40/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Berkshirerides Inc?
The Employer Identification Number (EIN) for Berkshirerides Inc is 20669692. 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 Berkshirerides Inc spend its money?
Berkshirerides Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Berkshirerides Inc's tax-exempt status?
You can verify Berkshirerides Inc's tax-exempt status using EIN 20669692 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
Berkshirerides Inc. appears to be a small, local non-profit based on its financial data, with revenues fluctuating significantly over the years. The organization consistently reported zero officer compensation across all available filings, which is a positive indicator of efficient use of funds at the executive level and good transparency regarding leadership compensation. However, the organization's latest reported revenue and assets are both $0, which suggests it may no longer be operational or has significantly scaled down its activities. This lack of current financial activity makes a comprehensive assessment of its current financial health challenging.
Historically, the organization has experienced periods where expenses exceeded revenue, such as in 2014 ($698,644 expenses vs. $664,222 revenue) and 2012 ($1,059,036 expenses vs. $342,198 revenue), indicating potential financial instability or reliance on prior year reserves or debt. The liabilities have also been substantial in some periods, notably $765,439 in 2013 and $893,164 in 2012, often significantly outweighing assets. This suggests a historical reliance on debt or other obligations, which could be a concern for long-term sustainability if not managed effectively.
Given the $0 revenue and assets in the latest filing, the organization's current financial health is highly questionable. While historical data shows some operational activity, the current state suggests a potential cessation of operations or a significant restructuring that is not reflected in the provided data. The consistent reporting of zero officer compensation is a strength, but the overall financial picture, especially the latest $0 figures, raises significant questions about its ongoing viability and impact.