Quick charity verification for Blue Suede Cruise Inc (EIN: 200965928)
Verdict: Blue Suede Cruise Inc appears trustworthy
90/100Mission Score
$97KRevenue
$125KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided summary data, making precise efficiency analysis difficult.
Strengths
Consistent asset growth, from $32,323 in 2014 to $121,950 in 2023.
Zero reported liabilities across all filing periods, indicating a debt-free operation.
0% officer compensation, suggesting all funds are directed towards mission or operational costs.
Positive net income in most recent years (e.g., $83,934 revenue vs. $80,592 expenses in 2023).
Strong recovery from 2020 revenue dip ($11,298) to $83,934 in 2023.
Spending Breakdown
How Blue Suede Cruise Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Blue Suede Cruise Inc
Is Blue Suede Cruise Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Blue Suede Cruise Inc (EIN: 200965928) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Blue Suede Cruise Inc a good charity to donate to?
Blue Suede Cruise Inc has a Mission Score of 90/100. Revenue: $97K. Assets: $125K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Blue Suede Cruise Inc?
The Employer Identification Number (EIN) for Blue Suede Cruise Inc is 200965928. 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 Blue Suede Cruise Inc spend its money?
Blue Suede Cruise Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Blue Suede Cruise Inc's tax-exempt status?
You can verify Blue Suede Cruise Inc's tax-exempt status using EIN 200965928 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
Blue Suede Cruise Inc. demonstrates consistent financial health with a positive trend in assets and generally stable revenue. In 2023, the organization reported revenue of $83,934 against expenses of $80,592, indicating a small surplus. The organization's assets have steadily grown from $32,323 in 2014 to $121,950 in 2023, suggesting prudent financial management and accumulation of reserves. The absence of liabilities across all reported periods is a significant strength, indicating a debt-free operation.
Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation, which suggests that all funds are directed towards operational costs and programs rather than executive salaries. While a detailed breakdown of program vs. administrative vs. fundraising expenses isn't provided in the summary data, the overall expense ratios relative to revenue are healthy. The organization's transparency is high, as evidenced by its consistent filing history and the clear reporting of key financial metrics without any reported liabilities or officer compensation. This indicates a commitment to accountability and efficient use of donor funds.