Strong program focus due to minimal administrative and no fundraising costs.
Spending Breakdown
How Bore Tide Swim Club Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Bore Tide Swim Club Inc
Is Bore Tide Swim Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bore Tide Swim Club Inc (EIN: 10918184) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Bore Tide Swim Club Inc a good charity to donate to?
Bore Tide Swim Club Inc has a Mission Score of 85/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bore Tide Swim Club Inc?
The Employer Identification Number (EIN) for Bore Tide Swim Club Inc is 10918184. 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 Bore Tide Swim Club Inc spend its money?
Bore Tide Swim Club Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bore Tide Swim Club Inc's tax-exempt status?
You can verify Bore Tide Swim Club Inc's tax-exempt status using EIN 10918184 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
Bore Tide Swim Club Inc appears to be a very small, community-focused organization with minimal financial activity. The latest filing shows $0 in revenue and assets, suggesting it may be inactive or operating on an extremely small scale not captured in the latest summary. Historically, its revenue and expenses have been in the range of $26,000 to $43,000 annually. The organization consistently reports no liabilities and no officer compensation, indicating a volunteer-driven model and a healthy balance sheet in previous years. Its financial health, while small, appears stable based on past performance, with assets consistently exceeding liabilities. The lack of officer compensation also points to a high degree of transparency regarding executive pay.