Quick charity verification for Concord Rowing Club (EIN: 204794927)
Verdict: Concord Rowing Club appears trustworthy
85/100Mission Score
$0Revenue
$0Assets
1Red Flags
5Strengths
Red Flags
Declining revenue trend over three years (from $72,767 in 2016 to $41,563 in 2018)
Strengths
Zero liabilities across all reported periods
Consistent positive asset balance, growing to $29,907 in 2018
No reported officer compensation, indicating efficient use of funds for mission
Expenses closely align with revenue, showing responsible spending
Consistent IRS 990 filing history demonstrates transparency
Spending Breakdown
How Concord Rowing Club 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 Concord Rowing Club
Is Concord Rowing Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Concord Rowing Club (EIN: 204794927) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Concord Rowing Club a good charity to donate to?
Concord Rowing Club has a Mission Score of 85/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Concord Rowing Club?
The Employer Identification Number (EIN) for Concord Rowing Club is 204794927. 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 Concord Rowing Club spend its money?
Concord Rowing Club allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Concord Rowing Club's tax-exempt status?
You can verify Concord Rowing Club's tax-exempt status using EIN 204794927 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
Concord Rowing Club appears to be a small, community-focused organization with a declining revenue trend over the past three reported periods. Revenue dropped from $72,767 in 2016 to $41,563 in 2018, indicating potential challenges in fundraising or program demand. Despite this, the organization has consistently maintained a healthy financial position with zero liabilities across all reported periods and a positive asset balance, reaching $29,907 in 2018. This suggests responsible financial management in avoiding debt.
The club demonstrates strong spending efficiency, with expenses closely aligning with revenue, and no reported officer compensation, which is common for smaller, volunteer-driven organizations. The absence of officer compensation also contributes to a high percentage of funds likely directed towards program activities. The consistent filing of IRS Form 990 indicates a commitment to transparency, allowing public scrutiny of its financial operations.