Is Boys And Girls Club Of La Platacounty Inc Legit?
Quick charity verification for Boys And Girls Club Of La Platacounty Inc (EIN: 205112759)
Verdict: Boys And Girls Club Of La Platacounty Inc appears trustworthy
92/100Mission Score
$1.7MRevenue
$2.6MAssets
1Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation might warrant further inquiry to understand how leadership is compensated or if it's entirely volunteer-driven, as this is highly uncommon for an organization of this size.
Strengths
Consistent and significant revenue growth over the past decade, from $561,299 in 2014 to $1,554,318 in 2023.
Strong financial health with assets consistently growing and significantly exceeding liabilities (e.g., $2,189,502 assets vs. $85,153 liabilities in 2023).
Remarkable transparency in executive compensation, consistently reporting 0% officer compensation across all filings.
Efficient spending with expenses generally well below revenue, allowing for asset accumulation and program investment.
Positive net income in most years, indicating sustainable operations and capacity for future growth.
Spending Breakdown
How Boys And Girls Club Of La Platacounty Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Boys And Girls Club Of La Platacounty Inc
Is Boys And Girls Club Of La Platacounty Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Boys And Girls Club Of La Platacounty Inc (EIN: 205112759) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Boys And Girls Club Of La Platacounty Inc a good charity to donate to?
Boys And Girls Club Of La Platacounty Inc has a Mission Score of 92/100. Revenue: $1.7M. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Boys And Girls Club Of La Platacounty Inc?
The Employer Identification Number (EIN) for Boys And Girls Club Of La Platacounty Inc is 205112759. 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 Boys And Girls Club Of La Platacounty Inc spend its money?
Boys And Girls Club Of La Platacounty Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Boys And Girls Club Of La Platacounty Inc's tax-exempt status?
You can verify Boys And Girls Club Of La Platacounty Inc's tax-exempt status using EIN 205112759 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
Boys And Girls Club Of La Platacounty Inc demonstrates strong financial health and growth over the past several years. Their revenue has consistently increased, from $561,299 in 2014 to $1,554,318 in 2023, indicating growing support and operational capacity. The organization also maintains a healthy asset base, growing from $791,227 in 2014 to $2,189,502 in 2023, significantly exceeding liabilities, which suggests good financial management and stability.
The organization appears to be efficient in its spending, with expenses generally well below revenue, allowing for asset accumulation. For instance, in 2023, expenses were $1,420,157 against revenues of $1,554,318. A notable aspect of their financial reporting is the consistent disclosure of 0% officer compensation across all available filings, which is a strong indicator of transparency and a focus on directing funds towards their mission rather than executive salaries. This practice enhances public trust and demonstrates a commitment to their charitable purpose.
Overall, the Boys And Girls Club of La Platacounty Inc exhibits robust financial management, consistent growth, and a high degree of transparency regarding executive compensation. Their financial trajectory suggests a well-managed and impactful organization capable of sustaining and expanding its programs.