Quick charity verification for Breckenridge History (EIN: 208196263)
Verdict: Breckenridge History appears trustworthy
85/100Mission Score
$1.2MRevenue
$406KAssets
1Red Flags
4Strengths
Red Flags
Significant increase in liabilities to $2,783,000 in 2023, up from $9,161 in 2022, requiring further investigation.
Strengths
Strong revenue growth, more than doubling from $684,104 in 2021 to $2,444,085 in 2023.
Consistent asset accumulation, increasing from $308,240 in 2021 to $610,453 in 2023.
Zero officer compensation reported across all available filings, indicating high dedication of funds to mission.
Generally positive net income (revenue exceeding expenses) in most recent years, contributing to financial stability.
Spending Breakdown
How Breckenridge History 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 Breckenridge History
Is Breckenridge History a legitimate charity?
Based on AI analysis of IRS 990 filings, Breckenridge History (EIN: 208196263) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Breckenridge History a good charity to donate to?
Breckenridge History has a Mission Score of 85/100. Revenue: $1.2M. Assets: $406K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Breckenridge History?
The Employer Identification Number (EIN) for Breckenridge History is 208196263. 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 Breckenridge History spend its money?
Breckenridge History allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Breckenridge History's tax-exempt status?
You can verify Breckenridge History's tax-exempt status using EIN 208196263 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
Breckenridge History demonstrates a generally healthy financial trajectory, particularly in recent years. The organization has shown significant revenue growth, more than doubling from $684,104 in 2021 to $2,444,085 in 2023. This growth has been accompanied by a corresponding increase in assets, from $308,240 in 2021 to $610,453 in 2023, indicating a strengthening financial position. The organization consistently spends less than or close to its revenue, as seen in 2023 where expenses were $2,237,995 against $2,444,085 in revenue, contributing to asset accumulation.
Spending efficiency appears reasonable, with expenses generally aligned with revenue. While specific program, administrative, and fundraising breakdowns are not provided in the summary data, the overall financial health suggests effective management of resources. The consistent reporting of zero officer compensation across all available filings indicates a commitment to directing funds towards the organization's mission rather than executive salaries, which is a positive sign for transparency and donor confidence.
However, a notable point in the 2023 filing is the significant increase in liabilities to $2,783,000, a substantial jump from previous years (e.g., $9,161 in 2022). This warrants further investigation to understand the nature of these liabilities and their potential impact on future financial stability. Despite this, the overall trend of revenue growth and asset accumulation suggests a well-managed and growing nonprofit.