Is Canton Athletic Booster Club Inc Legit?…

Quick charity verification for Canton Athletic Booster Club Inc (EIN: 204557182)

Strengths

Consistent reporting of $0 liabilities across all filings, indicating strong financial management and no debt.
No officer compensation reported, demonstrating a volunteer-driven model and efficient use of funds.
Consistent filing of IRS Form 990s over seven periods, indicating good transparency.
Stable asset base, growing from $29,611 in 2020 to $44,793 in 2024, showing financial health.
Clear mission as a booster club, implying direct support for athletic programs.

Spending Breakdown

How Canton Athletic Booster Club Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Canton Athletic Booster Club Inc

Is Canton Athletic Booster Club Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Canton Athletic Booster Club Inc (EIN: 204557182) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Canton Athletic Booster Club Inc a good charity to donate to?

Canton Athletic Booster Club Inc has a Mission Score of 92/100. Revenue: $59K. Assets: $52K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Canton Athletic Booster Club Inc?

The Employer Identification Number (EIN) for Canton Athletic Booster Club Inc is 204557182. 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 Canton Athletic Booster Club Inc spend its money?

Canton Athletic Booster Club Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Canton Athletic Booster Club Inc's tax-exempt status?

You can verify Canton Athletic Booster Club Inc's tax-exempt status using EIN 204557182 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 Canton Athletic Booster Club Inc. demonstrates consistent financial activity, with revenues fluctuating over the past seven years, ranging from a low of $27,225 in 2020 to a high of $140,028 in 2017. The organization's latest filing (202407) shows revenues of $60,979 and expenses of $61,200, indicating spending slightly exceeded income for that period. Assets have generally grown, reaching $44,793 in 2024, up from $31,858 in 2022, suggesting a stable, albeit modest, financial base. The consistent reporting of zero liabilities across all filings is a strong indicator of financial prudence and a lack of debt.

Spending efficiency appears to be reasonable for an organization of this size, with expenses generally aligning with or slightly exceeding revenues in recent years. For example, in 2023, revenues were $65,137 against expenses of $51,981, showing a surplus. The organization's NTEE code (B940 - Booster Clubs) suggests a focus on supporting athletic programs, which typically involves direct spending on equipment, events, and scholarships. The absence of officer compensation further enhances the perception of efficiency, as all funds are presumably directed towards the mission. 

Transparency is high, as evidenced by the consistent filing of IRS Form 990s over seven periods and the clear reporting of key financial metrics. The lack of officer compensation is a significant positive for transparency and public trust, indicating that the organization is run by volunteers. The relatively small scale of operations and clear mission likely contribute to straightforward financial management and reporting.

Is Canton Athletic Booster Club Inc Legit?

Verdict: Canton Athletic Booster Club Inc appears trustworthy