Quick charity verification for Boyle County Education Foundation Inc (EIN: 208375080)
Verdict: Boyle County Education Foundation Inc shows mixed signals
60/100Mission Score
$2KRevenue
$29KAssets
4Red Flags
3Strengths
Red Flags
Recurring operating deficits in recent years (e.g., 2021, 2022, 2023)
Significant decline in assets from $137,534 in 2020 to $41,671 in 2023
Inconsistent revenue generation, including negative revenue reported in 2022 ($-1,673)
Large expense spikes without corresponding revenue increases (e.g., $98,197 expenses in 2021 vs. $16,155 revenue)
Strengths
Zero officer compensation reported, indicating a volunteer-driven model and low administrative overhead
Consistently reports zero liabilities, suggesting good financial management regarding debt
Long filing history (13 filings) demonstrates commitment to transparency
Spending Breakdown
How Boyle County Education Foundation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
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 Boyle County Education Foundation Inc
Is Boyle County Education Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Boyle County Education Foundation Inc (EIN: 208375080) shows mixed signals. Mission Score: 60/100. 4 red flags identified, 3 strengths noted.
Is Boyle County Education Foundation Inc a good charity to donate to?
Boyle County Education Foundation Inc has a Mission Score of 60/100. Revenue: $2K. Assets: $29K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Boyle County Education Foundation Inc?
The Employer Identification Number (EIN) for Boyle County Education Foundation Inc is 208375080. 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 Boyle County Education Foundation Inc spend its money?
Boyle County Education Foundation Inc allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Boyle County Education Foundation Inc's tax-exempt status?
You can verify Boyle County Education Foundation Inc's tax-exempt status using EIN 208375080 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 Boyle County Education Foundation Inc. exhibits inconsistent financial activity over the past decade. While the organization consistently reports zero liabilities and zero officer compensation, indicating good financial hygiene and a volunteer-driven model, its revenue and expense figures fluctuate significantly. For instance, in 2021, expenses were $98,197 against revenue of $16,155, leading to a substantial deficit. Conversely, in 2020, revenue was $24,924 with only $125 in expenses, suggesting periods of significant asset accumulation or very low activity. The latest filing (2023) shows expenses exceeding revenue ($10,920 vs. $7,177), continuing a trend of operating deficits in recent years.
The organization's assets have also seen considerable swings, peaking at $137,534 in 2020 before declining to $41,671 in 2023. This volatility, coupled with periods of negative revenue (e.g., $-1,673 in 2022), suggests potential challenges in consistent fundraising or a reliance on drawing down reserves. The lack of officer compensation is a positive sign for donor confidence regarding administrative overhead, but the overall financial stability appears to be a concern given the recurring deficits and asset depletion in recent years.
Without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. However, the consistent reporting of zero officer compensation points to a lean operational structure. The organization's transparency is good in terms of public filings, but the financial performance indicates a need for more stable revenue generation to support its mission effectively.