Quick charity verification for Boston Shoe Travelers Assoc (EIN: 20340326)
Verdict: Boston Shoe Travelers Assoc appears trustworthy
85/100Mission Score
$359KRevenue
$494KAssets
1Red Flags
3Strengths
Red Flags
NTEE code is unknown, limiting direct peer comparison for financial efficiency.
Strengths
Consistent financial stability with revenues generally covering expenses over the past decade.
No reported officer compensation across all filings, indicating efficient use of funds at the executive level.
Healthy asset base relative to annual revenue, with $501,443 in assets against $390,989 in revenue in 202312.
Spending Breakdown
How Boston Shoe Travelers Assoc 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 Boston Shoe Travelers Assoc
Is Boston Shoe Travelers Assoc a legitimate charity?
Based on AI analysis of IRS 990 filings, Boston Shoe Travelers Assoc (EIN: 20340326) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Boston Shoe Travelers Assoc a good charity to donate to?
Boston Shoe Travelers Assoc has a Mission Score of 85/100. Revenue: $359K. Assets: $494K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Boston Shoe Travelers Assoc?
The Employer Identification Number (EIN) for Boston Shoe Travelers Assoc is 20340326. 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 Boston Shoe Travelers Assoc spend its money?
Boston Shoe Travelers Assoc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Boston Shoe Travelers Assoc's tax-exempt status?
You can verify Boston Shoe Travelers Assoc's tax-exempt status using EIN 20340326 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
The Boston Shoe Travelers Assoc demonstrates consistent financial activity, with revenues and expenses generally in balance over the past decade. In the most recent filing (202312), the organization reported revenues of $390,989 against expenses of $359,024, indicating a slight surplus. While the NTEE code is unknown, making a direct comparison to peer organizations difficult, the consistent operational scale suggests a stable, albeit not rapidly growing, entity. The organization's assets have fluctuated, reaching a high of $650,035 in 201612 and currently standing at $501,443 in 202312, indicating a healthy asset base relative to its annual revenue.
Spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising) from the provided data. However, the consistent operational expenses relative to revenue suggest a stable cost structure. The absence of reported officer compensation across all filings is a significant positive indicator for transparency and efficient use of funds, as it suggests that leadership roles are either voluntary or compensated through other means not classified as officer compensation, which is common for smaller associations. This practice generally enhances public trust and indicates a strong commitment to the mission without excessive overhead for top executives.
Overall, the Boston Shoe Travelers Assoc appears to be a financially stable organization with a consistent operational footprint. The lack of officer compensation is a notable strength in terms of financial transparency and efficiency. To provide a more definitive assessment of spending efficiency, a detailed breakdown of functional expenses would be necessary. However, based on the available data, the organization manages its finances responsibly, maintaining a healthy balance between income and expenditures.