Quick charity verification for Cowboy Athletics Inc (EIN: 20669448)
Verdict: Cowboy Athletics Inc shows mixed signals
65/100Mission Score
$39.1MRevenue
$71.4MAssets
4Red Flags
4Strengths
Red Flags
Extreme volatility in annual revenue and expenses, including negative revenue years.
Significant fluctuations in liabilities, reaching over $100 million in some periods.
Lack of detailed functional expense breakdown (program, admin, fundraising) in summary data.
Unusually high expenses in 2020 ($104,108,829) without immediate explanation.
Strengths
Consistent reporting of 0% officer compensation, indicating no direct executive pay from the organization.
Significant asset growth in recent years, from $34.6 million in 2020 to $58.3 million in 2023.
Positive net income in the latest filing (2023), with revenue exceeding expenses ($22.09M vs $10.25M).
Substantial reduction in liabilities from previous highs, down to $2.6 million in 2023.
Spending Breakdown
How Cowboy Athletics Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
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 Cowboy Athletics Inc
Is Cowboy Athletics Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cowboy Athletics Inc (EIN: 20669448) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.
Is Cowboy Athletics Inc a good charity to donate to?
Cowboy Athletics Inc has a Mission Score of 65/100. Revenue: $39.1M. Assets: $71.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cowboy Athletics Inc?
The Employer Identification Number (EIN) for Cowboy Athletics Inc is 20669448. 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 Cowboy Athletics Inc spend its money?
Cowboy Athletics Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cowboy Athletics Inc's tax-exempt status?
You can verify Cowboy Athletics Inc's tax-exempt status using EIN 20669448 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
Cowboy Athletics Inc. exhibits highly volatile financial performance, with revenues fluctuating dramatically year-over-year, including negative revenues reported in 2015 and 2017. While the organization reported a significant increase in assets from $34.6 million in 2020 to $58.3 million in 2023, its revenue streams are inconsistent, making long-term financial planning and stability a concern. The organization's expenses have also varied widely, from $9.7 million in 2021 to over $104 million in 2020, indicating potential large capital projects or unusual expenditures that are not consistently explained without further detail.
Spending efficiency is difficult to fully assess without a detailed functional expense breakdown, but the organization consistently reports 0% officer compensation, which suggests that executive pay is not a drain on resources. However, the substantial swings in revenue and expenses, coupled with significant liabilities in some years (e.g., $105 million in 2016), raise questions about financial management and the sustainability of its operations. The latest filing shows revenue of $22.09 million against expenses of $10.25 million, indicating a surplus for that period, which is a positive sign after years of deficits.
Transparency regarding the allocation of expenses into program, administrative, and fundraising categories is not explicitly provided in the summary data, making a precise assessment of spending efficiency challenging. The absence of reported officer compensation is a positive transparency indicator. However, the extreme financial fluctuations warrant closer examination of the underlying causes and the organization's financial reporting practices to fully understand its operational health and commitment to its mission.