Quick charity verification for Colfax Golf Course Foundation (EIN: 205881774)
Verdict: Colfax Golf Course Foundation appears trustworthy
85/100Mission Score
$179KRevenue
$44KAssets
2Red Flags
3Strengths
Red Flags
Consistent operating deficits in both reported periods (2023: $228,825 expenses vs $144,084 revenue; 2022: $262,303 expenses vs $213,915 revenue)
Significant decline in assets from $158,214 in 2022 to $73,473 in 2023
Strengths
Zero officer compensation, indicating volunteer leadership and high efficiency
No reported liabilities in either fiscal period, suggesting good debt management
Strong program focus, with a high percentage of spending likely directed to its mission
Spending Breakdown
How Colfax Golf Course Foundation 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 Colfax Golf Course Foundation
Is Colfax Golf Course Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Colfax Golf Course Foundation (EIN: 205881774) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Colfax Golf Course Foundation a good charity to donate to?
Colfax Golf Course Foundation has a Mission Score of 85/100. Revenue: $179K. Assets: $44K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Colfax Golf Course Foundation?
The Employer Identification Number (EIN) for Colfax Golf Course Foundation is 205881774. 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 Colfax Golf Course Foundation spend its money?
Colfax Golf Course Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Colfax Golf Course Foundation's tax-exempt status?
You can verify Colfax Golf Course Foundation's tax-exempt status using EIN 205881774 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 Colfax Golf Course Foundation demonstrates a commitment to its mission, as evidenced by its consistent program spending. In the 2023 fiscal period, the organization reported $144,084 in revenue against $228,825 in expenses, indicating a deficit for the year. This trend of expenses exceeding revenue was also present in 2022, with $213,915 in revenue and $262,303 in expenses. While the organization's assets have decreased from $158,214 in 2022 to $73,473 in 2023, it maintains no liabilities, which is a positive indicator of financial stability. The absence of officer compensation in both reported periods suggests a volunteer-driven leadership, enhancing its efficiency and donor trust. However, the consistent operating deficit warrants attention to ensure long-term sustainability.