Quick charity verification for Colony Club (EIN: 130590080)
Verdict: Colony Club appears trustworthy
75/100Mission Score
$27.1MRevenue
$19.8MAssets
3Red Flags
3Strengths
Red Flags
Consistent 0% officer compensation despite significant revenue and assets, which may obscure actual leadership compensation.
Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data, hindering spending efficiency analysis.
Unknown NTEE code, making it difficult to benchmark against peer organizations.
Strengths
Consistent revenue generation, with latest revenue at $27,062,212 and generally exceeding expenses.
Strong asset growth, increasing from $9,770,391 in 2014 to $19,687,635 in 2023, indicating financial health.
Generally positive operating margins, with revenues often exceeding expenses (e.g., 2023 revenue $17,490,710 vs. expenses $17,173,215).
Spending Breakdown
How Colony Club allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Colony Club
Is Colony Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Colony Club (EIN: 130590080) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Colony Club a good charity to donate to?
Colony Club has a Mission Score of 75/100. Revenue: $27.1M. Assets: $19.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Colony Club?
The Employer Identification Number (EIN) for Colony Club is 130590080. 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 Colony Club spend its money?
Colony Club allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Colony Club's tax-exempt status?
You can verify Colony Club's tax-exempt status using EIN 130590080 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 Colony Club demonstrates consistent financial stability with revenues generally exceeding expenses over the past decade. For instance, in 2023, revenue was $17,490,710 against expenses of $17,173,215, indicating a slight surplus. The organization's assets have also shown steady growth, increasing from $9,770,391 in 2014 to $19,687,635 in 2023, suggesting sound financial management and accumulation of resources. Liabilities have remained manageable relative to assets, fluctuating but not posing a significant risk.
However, a notable aspect of the Colony Club's financial reporting is the consistent declaration of 0% officer compensation across all available filings. While this could indicate that executive roles are entirely volunteer-based or compensated through non-reportable means, it warrants further investigation for complete transparency. Without a breakdown of functional expenses (program, administrative, fundraising), it's challenging to fully assess spending efficiency and program focus. The NTEE code being unknown also limits the ability to benchmark against similar organizations.
Overall, the organization appears financially healthy with growing assets and generally positive operating margins. The primary area for improvement in transparency would be providing more detailed functional expense breakdowns and clarifying the executive compensation structure, especially given the substantial revenue and asset base.