Quick charity verification for Cullman Band Boosters Inc (EIN: 204185685)
Verdict: Cullman Band Boosters Inc appears trustworthy
95/100Mission Score
$284KRevenue
$190KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero officer compensation across all reported periods, indicating high efficiency and volunteer commitment.
Consistent positive net income, contributing to asset growth (e.g., $249,131 revenue vs. $230,985 expenses in 202406).
No reported liabilities in recent filings (e.g., $0 liabilities in 202406, 202306, 202206), indicating strong financial health.
Steady growth in assets from $88,657 in 201806 to $162,527 in 202406.
Consistent IRS 990 filing history (14 filings), demonstrating transparency and compliance.
Spending Breakdown
How Cullman Band Boosters Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
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 Cullman Band Boosters Inc
Is Cullman Band Boosters Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cullman Band Boosters Inc (EIN: 204185685) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Cullman Band Boosters Inc a good charity to donate to?
Cullman Band Boosters Inc has a Mission Score of 95/100. Revenue: $284K. Assets: $190K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cullman Band Boosters Inc?
The Employer Identification Number (EIN) for Cullman Band Boosters Inc is 204185685. 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 Cullman Band Boosters Inc spend its money?
Cullman Band Boosters Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cullman Band Boosters Inc's tax-exempt status?
You can verify Cullman Band Boosters Inc's tax-exempt status using EIN 204185685 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
Cullman Band Boosters Inc demonstrates consistent financial activity supporting its mission, with revenues and expenses generally balanced over the past decade. For the latest period (202406), the organization reported revenues of $249,131 against expenses of $230,985, indicating a healthy surplus that contributes to asset growth. The organization maintains a strong financial position with $162,527 in assets and no reported liabilities in its most recent filing, suggesting sound financial management and a lack of debt burden. The absence of officer compensation across all reported periods is a significant indicator of volunteer-driven leadership, enhancing the organization's efficiency and ensuring that funds are directed towards programmatic activities.
The organization's spending efficiency appears high, given the zero officer compensation and the consistent growth in assets. While specific program spending percentages are not detailed in the provided data, the overall financial health, characterized by positive net assets and minimal liabilities, points to effective resource utilization. The consistent filing of IRS Form 990s over 14 periods also reflects a commitment to transparency, allowing public scrutiny of its financial operations. The steady increase in assets from $88,657 in 201806 to $162,527 in 202406 further underscores its ability to build financial reserves.