Quick charity verification for Biscay Road Corporation (EIN: 10523782)
Verdict: Biscay Road Corporation has notable concerns
30/100Mission Score
$0Revenue
$0Assets
5Red Flags
1Strengths
Red Flags
Consistent annual operating deficits (e.g., $27,832 in 2023).
Declining asset base over the past decade (from $404,438 in 2014 to $248,518 in 2023).
High and stable liabilities (around $660,000) significantly exceeding assets.
Lack of detailed expense breakdown (program, admin, fundraising) in available data.
Negative net assets (Liabilities $666,147 vs Assets $248,518 in 2023).
Strengths
No reported officer compensation, suggesting a potentially volunteer-driven leadership or efficient use of funds in this area.
Spending Breakdown
How Biscay Road Corporation allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
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 Biscay Road Corporation
Is Biscay Road Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Biscay Road Corporation (EIN: 10523782) has notable concerns. Mission Score: 30/100. 5 red flags identified, 1 strength noted.
Is Biscay Road Corporation a good charity to donate to?
Biscay Road Corporation has a Mission Score of 30/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Biscay Road Corporation?
The Employer Identification Number (EIN) for Biscay Road Corporation is 10523782. 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 Biscay Road Corporation spend its money?
Biscay Road Corporation allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Biscay Road Corporation's tax-exempt status?
You can verify Biscay Road Corporation's tax-exempt status using EIN 10523782 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
Biscay Road Corporation consistently reports expenses exceeding revenue, indicating a reliance on existing assets or other funding sources not fully captured by reported revenue. For instance, in 2023, expenses were $74,194 against revenues of $46,362, resulting in a deficit. The organization's assets have been steadily declining over the past decade, from $404,438 in 2014 to $248,518 in 2023, while liabilities have remained consistently high, hovering around $660,000. This suggests a long-term financial strain and potential solvency issues. The lack of reported officer compensation across all filings indicates either a fully volunteer-run leadership or that compensation is structured in a way not reported as officer compensation on the 990, which could impact transparency regarding leadership costs. Without a breakdown of expenses into program, administrative, and fundraising categories, it is difficult to assess spending efficiency or program focus.