Is Colchester Football Boosters Association Incorporated Legit?

Quick charity verification for Colchester Football Boosters Association Incorporated (EIN: 10569069)

Verdict: Colchester Football Boosters Association Incorporated appears trustworthy

95/100Mission Score
$89KRevenue
$145KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Colchester Football Boosters Association Incorporated 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 Colchester Football Boosters Association Incorporated

Is Colchester Football Boosters Association Incorporated a legitimate charity?

Based on AI analysis of IRS 990 filings, Colchester Football Boosters Association Incorporated (EIN: 10569069) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Colchester Football Boosters Association Incorporated a good charity to donate to?

Colchester Football Boosters Association Incorporated has a Mission Score of 95/100. Revenue: $89K. Assets: $145K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Colchester Football Boosters Association Incorporated?

The Employer Identification Number (EIN) for Colchester Football Boosters Association Incorporated is 10569069. 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 Colchester Football Boosters Association Incorporated spend its money?

Colchester Football Boosters Association Incorporated allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Colchester Football Boosters Association Incorporated's tax-exempt status?

You can verify Colchester Football Boosters Association Incorporated's tax-exempt status using EIN 10569069 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 Colchester Football Boosters Association Incorporated demonstrates consistent financial health, with a notable increase in revenue and assets in recent years. For the period ending 202312, the organization reported revenue of $60,368 and expenses of $28,155, resulting in a significant surplus that contributed to its growing assets of $217,765. This trend of revenue exceeding expenses is generally positive, indicating sound financial management and an ability to build reserves. The organization consistently reports zero liabilities, which is a strong indicator of financial stability and low risk. Spending efficiency appears high, as evidenced by the substantial difference between revenue and expenses in the latest filing. With no officer compensation reported across all available filings, the organization's operational costs are likely directed almost entirely towards its program activities and administrative necessities. This suggests a lean operational structure, maximizing the impact of donor contributions. The absence of officer compensation also points to a volunteer-driven leadership model, which is common for smaller booster organizations. Transparency is excellent, particularly concerning executive compensation, which is consistently reported as 0%. This level of transparency, coupled with a clear financial history showing consistent filings, allows for a straightforward assessment of the organization's financial practices. The consistent growth in assets, from $63,451 in 2014 to $217,765 in 2023, without incurring debt, further reinforces its responsible financial stewardship.

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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