Quick charity verification for Borders Development Corporation (EIN: 20437961)
Verdict: Borders Development Corporation appears trustworthy
75/100Mission Score
$42KRevenue
$483KAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed functional expense breakdown in provided data makes full spending efficiency analysis difficult.
Expenses occasionally significantly exceed revenue, such as in 2015 ($100,460 expenses vs. $52,624 revenue), which could indicate reliance on reserves or inconsistent funding.
Strengths
Consistent reporting of 0% officer compensation, indicating a volunteer-driven or very lean leadership compensation structure.
Stable asset base (around $450,000-$550,000) over an eight-year period, suggesting financial resilience.
Long filing history (8 filings) indicates sustained operations and compliance.
Relatively low and consistent liabilities compared to assets, indicating a healthy balance sheet.
Spending Breakdown
How Borders Development Corporation 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 Borders Development Corporation
Is Borders Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Borders Development Corporation (EIN: 20437961) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Borders Development Corporation a good charity to donate to?
Borders Development Corporation has a Mission Score of 75/100. Revenue: $42K. Assets: $483K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Borders Development Corporation?
The Employer Identification Number (EIN) for Borders Development Corporation is 20437961. 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 Borders Development Corporation spend its money?
Borders Development Corporation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Borders Development Corporation's tax-exempt status?
You can verify Borders Development Corporation's tax-exempt status using EIN 20437961 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
Borders Development Corporation demonstrates consistent financial activity, with revenues generally in the $30,000-$50,000 range over the past eight years. The organization has maintained a stable asset base, hovering around $450,000-$550,000, with liabilities consistently reported at $120,000 for most periods. While the organization's expenses have sometimes exceeded its revenue, such as in 2015 where expenses were $100,460 against $52,624 in revenue, it has managed to sustain its operations. The lack of reported officer compensation across all filings suggests a volunteer-driven leadership, which can be a positive indicator of efficiency, though it also means less transparency regarding leadership costs if any are absorbed elsewhere.
Spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the consistent operational expenses relative to revenue suggest a lean operation. The organization's financial health appears stable, with sufficient assets to cover its liabilities. The consistent reporting of zero officer compensation is a strong point for transparency regarding executive pay, but a more detailed breakdown of program, administrative, and fundraising expenses would enhance the overall transparency picture.
Overall, Borders Development Corporation appears to be a small, stable organization with a consistent financial footprint. Its long history of filings and stable asset base indicate a sustained presence. The absence of officer compensation is notable, suggesting a commitment to minimizing overhead in that area. Further detail on expense allocation would provide a clearer view of its spending efficiency.