Is Chisholm Band Boosters Inc Legit?

Quick charity verification for Chisholm Band Boosters Inc (EIN: 200424600)

Verdict: Chisholm Band Boosters Inc appears trustworthy

95/100Mission Score
$78KRevenue
$72KAssets
2Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How Chisholm Band Boosters Inc allocates its funds across programs, administration, and fundraising.

100%
Program Spending
Healthy — majority goes to mission
0%
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 Chisholm Band Boosters Inc

Is Chisholm Band Boosters Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Chisholm Band Boosters Inc (EIN: 200424600) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.

Is Chisholm Band Boosters Inc a good charity to donate to?

Chisholm Band Boosters Inc has a Mission Score of 95/100. Revenue: $78K. Assets: $72K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Chisholm Band Boosters Inc?

The Employer Identification Number (EIN) for Chisholm Band Boosters Inc is 200424600. 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 Chisholm Band Boosters Inc spend its money?

Chisholm Band Boosters Inc allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Chisholm Band Boosters Inc's tax-exempt status?

You can verify Chisholm Band Boosters Inc's tax-exempt status using EIN 200424600 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

Chisholm Band Boosters Inc. demonstrates a consistent commitment to its mission, as evidenced by its program spending. In the 202308 period, the organization reported $9,802 in revenue against $2,671 in expenses, indicating efficient operations. Over the past several years, the organization has maintained a healthy asset base relative to its revenue, with $72,163 in total assets and no reported liabilities across all available filings, suggesting sound financial management and stability. The absence of officer compensation further enhances its transparency and dedication to directing funds towards its programs. While the organization generally operates with a surplus, there have been periods of negative revenue, such as in 202208 ($-7,777), and periods where expenses exceeded revenue, like in 202008 ($12,197 revenue vs. $39,171 expenses) and 201608 ($23,052 revenue vs. $37,786 expenses). These fluctuations, while not uncommon for smaller nonprofits, warrant attention to ensure long-term sustainability. However, the overall trend shows a recovery and growth in assets, indicating resilience. The organization's financial health appears stable, with a strong focus on program delivery given the lack of executive compensation and liabilities. Its transparency is high due to consistent filings and clear financial reporting, making it a commendable example of a community-focused nonprofit.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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