Quick charity verification for California Thoroughbred Business League (EIN: 201179229)
Verdict: California Thoroughbred Business League appears trustworthy
90/100Mission Score
$9.7MRevenue
$6.5MAssets
1Red Flags
4Strengths
Red Flags
No reported officer compensation despite multi-million dollar revenues, which is highly unusual and could indicate compensation is reported under other categories or that leadership is entirely volunteer, warranting further investigation into operational structure.
Strengths
Consistent positive net income in most recent years (e.g., $6,287,731 revenue vs. $5,621,424 expenses in 2023).
Steady growth in assets, from $3,689,806 in 2020 to $6,457,821 in 2023, indicating financial stability.
Minimal liabilities reported across most periods, suggesting low financial risk.
High spending efficiency due to no reported officer compensation, implying a significant portion of funds are directed towards programs.
Spending Breakdown
How California Thoroughbred Business League allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 California Thoroughbred Business League
Is California Thoroughbred Business League a legitimate charity?
Based on AI analysis of IRS 990 filings, California Thoroughbred Business League (EIN: 201179229) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is California Thoroughbred Business League a good charity to donate to?
California Thoroughbred Business League has a Mission Score of 90/100. Revenue: $9.7M. Assets: $6.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for California Thoroughbred Business League?
The Employer Identification Number (EIN) for California Thoroughbred Business League is 201179229. 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 California Thoroughbred Business League spend its money?
California Thoroughbred Business League allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify California Thoroughbred Business League's tax-exempt status?
You can verify California Thoroughbred Business League's tax-exempt status using EIN 201179229 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 California Thoroughbred Business League demonstrates consistent financial health, with revenues generally exceeding expenses in recent years, leading to a steady growth in assets. For instance, in 2023, revenue was $6,287,731 against expenses of $5,621,424, contributing to an asset base of $6,457,821. The organization's spending efficiency appears strong, as indicated by the absence of reported officer compensation across all available filings, suggesting that resources are primarily directed towards its mission rather than executive salaries. This lack of reported compensation also points to a high degree of transparency regarding how funds are allocated.
The organization's financial stability is further underscored by its ability to maintain a healthy asset base relative to its annual expenses. While there was a significant expense exceeding revenue in 2020 ($7,760,916 expenses vs. $5,047,770 revenue), this appears to be an anomaly, with subsequent years showing a return to positive net income. The consistent growth in assets from $3,689,806 in 2020 to $6,457,821 in 2023 reflects prudent financial management and an ability to build reserves. The minimal liabilities reported across most years also indicate a low financial risk profile.