Quick charity verification for Boys And Girls Clubs Of Albany Inc (EIN: 141338303)
Verdict: Boys And Girls Clubs Of Albany Inc appears trustworthy
85/100Mission Score
$3.5MRevenue
$2.0MAssets
1Red Flags
3Strengths
Red Flags
Unusually low (0%) reported officer compensation across all filings, which may obscure actual executive remuneration if reported elsewhere.
Strengths
Significant and consistent revenue growth over the past decade, indicating increasing support and impact (from $856,827 in 2010 to $3,273,882 in 2018).
Strong asset accumulation, providing financial stability and capacity (assets grew from $350,366 in 2010 to $2,045,799 in 2018).
Healthy financial position with assets significantly exceeding liabilities (e.g., 2018 assets $2,045,799 vs. liabilities $160,673).
Spending Breakdown
How Boys And Girls Clubs Of Albany Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Clubs Of Albany Inc
Is Boys And Girls Clubs Of Albany Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Boys And Girls Clubs Of Albany Inc (EIN: 141338303) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Boys And Girls Clubs Of Albany Inc a good charity to donate to?
Boys And Girls Clubs Of Albany Inc has a Mission Score of 85/100. Revenue: $3.5M. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Boys And Girls Clubs Of Albany Inc?
The Employer Identification Number (EIN) for Boys And Girls Clubs Of Albany Inc is 141338303. 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 Clubs Of Albany Inc spend its money?
Boys And Girls Clubs Of Albany Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Boys And Girls Clubs Of Albany Inc's tax-exempt status?
You can verify Boys And Girls Clubs Of Albany Inc's tax-exempt status using EIN 141338303 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 Clubs Of Albany Inc has demonstrated significant growth in revenue and assets over the past decade, with revenue increasing from $856,827 in 2010 to $3,273,882 in 2018. This substantial growth indicates increasing support and capacity. The organization consistently maintains a healthy financial position, with assets significantly exceeding liabilities, as seen in 2018 with assets of $2,045,799 against liabilities of $160,673. This strong asset base provides financial stability and resilience.
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall expense ratio relative to revenue appears reasonable. For instance, in 2018, expenses were $2,507,637 against revenue of $3,273,882, suggesting a significant portion of revenue is available for program activities or reinvestment. The consistent reporting of zero officer compensation across all provided filings is a notable aspect of their financial transparency and could indicate a volunteer-led executive structure or that compensation is reported differently, warranting further investigation into their full 990 forms for clarity on executive remuneration practices.
Overall, the organization appears to be in a strong financial position, characterized by robust growth, a solid asset base, and consistent financial reporting. The absence of reported officer compensation in the provided data suggests a commitment to minimizing overhead in that specific area, though a deeper dive into their full 990s would be beneficial to understand the complete picture of their operational efficiency and how executive leadership is compensated, if at all, through other means or related entities.