Quick charity verification for Bike Walk Connecticut Inc (EIN: 202909972)
Verdict: Bike Walk Connecticut Inc appears trustworthy
85/100Mission Score
$37KRevenue
$34KAssets
1Red Flags
4Strengths
Red Flags
Significant fluctuations in revenue and expenses over its history, indicating potential instability or changes in operational scope in prior periods.
Strengths
Consistent reporting of 0% officer compensation, demonstrating a commitment to low administrative overhead.
Positive net asset growth in recent years, from $20,095 in 2020 to $36,051 in 2023.
Expenses closely managed to revenues in recent periods, preventing significant deficits (e.g., 2023 expenses $31,181 vs. revenue $32,203).
Regular and extensive IRS 990 filing history (14 filings), indicating strong transparency and compliance.
Spending Breakdown
How Bike Walk Connecticut Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
0%
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 Bike Walk Connecticut Inc
Is Bike Walk Connecticut Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bike Walk Connecticut Inc (EIN: 202909972) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Bike Walk Connecticut Inc a good charity to donate to?
Bike Walk Connecticut Inc has a Mission Score of 85/100. Revenue: $37K. Assets: $34K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bike Walk Connecticut Inc?
The Employer Identification Number (EIN) for Bike Walk Connecticut Inc is 202909972. 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 Bike Walk Connecticut Inc spend its money?
Bike Walk Connecticut Inc allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bike Walk Connecticut Inc's tax-exempt status?
You can verify Bike Walk Connecticut Inc's tax-exempt status using EIN 202909972 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
Bike Walk Connecticut Inc demonstrates consistent financial activity, with recent revenues and expenses in the $25,000-$35,000 range. The organization has maintained positive net assets, growing from $20,095 in 2020 to $36,051 in 2023, indicating sound financial management in recent years. However, the organization experienced significant fluctuations in prior periods, with revenues as high as $217,748 in 2015 and expenses reaching $116,122 in 2017, suggesting a period of scaling back or shifting operational focus. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to minimizing administrative overhead related to executive pay, which is a positive sign for donor confidence.
The organization's spending efficiency appears strong in recent years, with expenses closely tracking revenues, preventing significant deficits. For example, in 2023, expenses were $31,181 against revenues of $32,203. The absence of reported officer compensation contributes to a lean operational structure. While specific program spending percentages are not detailed in the provided data, the overall financial picture suggests a focus on utilizing funds for its mission given the low overhead indicated by executive compensation.
Transparency is high regarding executive compensation, as it consistently reports 0% for officers. The regular filing of IRS 990 forms over 14 periods further demonstrates a commitment to public accountability. The organization's financial health, while modest in scale, appears stable and well-managed in its current operational phase, especially when considering the consistent growth in assets over the last three years.