Quick charity verification for Cody Figure Skating Club (EIN: 203938463)
Verdict: Cody Figure Skating Club appears trustworthy
92/100Mission Score
$73KRevenue
$24KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Strong program spending ratio (expenses nearly equal revenue, $62,451 vs $62,463 in 202406)
Zero officer compensation, indicating volunteer leadership
No reported liabilities, demonstrating financial stability
Efficient use of funds, with minimal overhead for an organization of its size
Spending Breakdown
How Cody Figure Skating Club allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Cody Figure Skating Club
Is Cody Figure Skating Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Cody Figure Skating Club (EIN: 203938463) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
Is Cody Figure Skating Club a good charity to donate to?
Cody Figure Skating Club has a Mission Score of 92/100. Revenue: $73K. Assets: $24K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cody Figure Skating Club?
The Employer Identification Number (EIN) for Cody Figure Skating Club is 203938463. 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 Cody Figure Skating Club spend its money?
Cody Figure Skating Club allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cody Figure Skating Club's tax-exempt status?
You can verify Cody Figure Skating Club's tax-exempt status using EIN 203938463 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 Cody Figure Skating Club appears to be a small, community-focused organization with a very lean operational structure. In its latest reported period (202406), the club generated $62,463 in revenue and incurred $62,451 in expenses, indicating that nearly all incoming funds were directly utilized for its activities. This suggests a high degree of spending efficiency, with minimal surplus or deficit. The organization also reports no liabilities, which is a strong indicator of financial stability and responsible management for an organization of its size. The club's assets of $35,726 further support its operational capacity without indicating excessive reserves for its scale.
The club's transparency is bolstered by its public IRS 990 filing, which shows zero officer compensation. This suggests that the organization is likely run by volunteers, further maximizing the proportion of funds dedicated to its mission. Given its small size and local focus, the financial data points to a well-managed entity that effectively channels its resources into its programs, aligning with best practices for small non-profits.