Quick charity verification for Blue Wave Pride Club (EIN: 205232855)
Verdict: Blue Wave Pride Club appears trustworthy
90/100Mission Score
$148KRevenue
$21KAssets
1Red Flags
3Strengths
Red Flags
Significant year-over-year revenue decline from $202,242 to $88,716.
Strengths
0% officer compensation reported in both filings, indicating volunteer leadership.
Zero reported liabilities in both periods, demonstrating strong financial solvency.
Expenses decreased proportionally with revenue decline, suggesting adaptive financial management.
Spending Breakdown
How Blue Wave Pride Club 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 Wave Pride Club
Is Blue Wave Pride Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Blue Wave Pride Club (EIN: 205232855) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 3 strengths noted.
Is Blue Wave Pride Club a good charity to donate to?
Blue Wave Pride Club has a Mission Score of 90/100. Revenue: $148K. Assets: $21K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Blue Wave Pride Club?
The Employer Identification Number (EIN) for Blue Wave Pride Club is 205232855. 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 Wave Pride Club spend its money?
Blue Wave Pride Club allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Blue Wave Pride Club's tax-exempt status?
You can verify Blue Wave Pride Club's tax-exempt status using EIN 205232855 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 Wave Pride Club demonstrates a commitment to its mission through its financial practices. The organization consistently reports 0% officer compensation in both available filings (202406 and 202306), indicating that its leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence. While the organization experienced a significant decrease in revenue from $202,242 in 2023 to $88,716 in 2024, its expenses also decreased proportionally, suggesting adaptive financial management. The organization maintains a healthy asset-to-liability ratio, with zero reported liabilities in both periods, indicating strong financial solvency. The relatively small asset base of $20,912 compared to its revenue suggests that the organization operates with a lean structure, focusing resources on immediate operational needs rather than accumulating large reserves.