Quick charity verification for Carolina Soaring Association (EIN: 208227921)
Verdict: Carolina Soaring Association appears trustworthy
85/100Mission Score
$37KRevenue
$72KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial surpluses (e.g., $4,022 in 2023, $2,361 in 2022).
Zero reported liabilities across all filing periods, indicating strong financial health.
No officer compensation, suggesting efficient use of funds and volunteer leadership.
Steady growth in assets from $60,187 in 2021 to $66,570 in 2023.
Consistent filing of IRS 990 forms, demonstrating transparency.
Spending Breakdown
How Carolina Soaring Association allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Carolina Soaring Association
Is Carolina Soaring Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Carolina Soaring Association (EIN: 208227921) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Carolina Soaring Association a good charity to donate to?
Carolina Soaring Association has a Mission Score of 85/100. Revenue: $37K. Assets: $72K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Carolina Soaring Association?
The Employer Identification Number (EIN) for Carolina Soaring Association is 208227921. 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 Carolina Soaring Association spend its money?
Carolina Soaring Association allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Carolina Soaring Association's tax-exempt status?
You can verify Carolina Soaring Association's tax-exempt status using EIN 208227921 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
Carolina Soaring Association demonstrates consistent financial stability with modest revenue and asset growth over the past few years. In 2023, the organization reported revenue of $35,162 against expenses of $31,140, indicating a healthy surplus. Their assets have steadily increased from $60,187 in 2021 to $66,570 in 2023, with no reported liabilities, which is a strong indicator of financial health and responsible management. The absence of officer compensation further suggests that resources are primarily directed towards the organization's mission. While specific program spending details are not provided in the summary data, the overall financial picture points to a well-managed, lean operation. The consistent filing of IRS 990 forms over many years also reflects a commitment to transparency.