Quick charity verification for Boothby Institute (EIN: 208773958)
Verdict: Boothby Institute shows mixed signals
65/100Mission Score
$31KRevenue
$7KAssets
3Red Flags
3Strengths
Red Flags
Highly volatile financial performance with significant year-over-year swings in revenue and expenses.
History of negative assets in multiple years (e.g., -$21,522 in 2017, -$7,152 in 2018), indicating periods of severe financial distress.
Inconsistent operating results, with several years reporting expenses exceeding revenue (e.g., 2022, 2021, 2017).
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds not allocated to executive salaries.
Long history of IRS 990 filings (14 filings), demonstrating commitment to transparency.
Positive net income in the latest filing (2023), showing a recent improvement in financial operations.
Spending Breakdown
How Boothby Institute allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Boothby Institute
Is Boothby Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Boothby Institute (EIN: 208773958) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Boothby Institute a good charity to donate to?
Boothby Institute has a Mission Score of 65/100. Revenue: $31K. Assets: $7K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Boothby Institute?
The Employer Identification Number (EIN) for Boothby Institute is 208773958. 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 Boothby Institute spend its money?
Boothby Institute allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Boothby Institute's tax-exempt status?
You can verify Boothby Institute's tax-exempt status using EIN 208773958 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
Boothby Institute's financial health shows significant volatility over the past decade. While the organization reported positive net income in 2023 ($31,030 revenue vs. $24,478 expenses), this follows several years of operating deficits, notably in 2022 (expenses exceeded revenue by $4,366) and 2021 (expenses exceeded revenue by $16,679). The organization's assets have fluctuated wildly, even reporting negative assets in multiple years, such as -$7,152 in 2018 and -$21,522 in 2017, before recovering to $6,552 in 2023. This indicates an inconsistent financial foundation.
Spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation suggests that a significant portion of resources is not being diverted to executive salaries, which is a positive indicator for donor confidence. The organization's ability to manage liabilities has improved, with $0 reported in 2023, down from $773 in 2022.
Transparency is generally good given the consistent filing of IRS Form 990s over 14 periods. The absence of officer compensation is a transparent practice. However, the lack of detailed expense categories in the provided data limits a deeper analysis of how funds are allocated between programs, administration, and fundraising. A more granular breakdown would enhance understanding of their operational efficiency and program impact.