Quick charity verification for Cycle Wyoming (EIN: 20645843)
Verdict: Cycle Wyoming appears trustworthy
85/100Mission Score
$154KRevenue
$200KAssets
2Red Flags
4Strengths
Red Flags
Significant revenue volatility, including negative revenue reported in 2021 ($-8,960) and 2022 ($-37,775), which could impact program stability.
Lack of detailed expense breakdown in available data makes it difficult to precisely allocate spending between program, admin, and fundraising.
Strengths
Consistently low expenses relative to assets and revenue, indicating efficient operations (e.g., $12,622 expenses on $33,726 revenue in 2023).
Zero reported officer compensation across all 14 filings, suggesting a volunteer-driven model and high resource allocation to mission.
No reported liabilities in any filing, demonstrating strong financial health and responsible debt management.
Healthy asset base consistently maintained, providing a buffer against revenue fluctuations (e.g., $192,741 assets in 2023).
Spending Breakdown
How Cycle Wyoming 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 Cycle Wyoming
Is Cycle Wyoming a legitimate charity?
Based on AI analysis of IRS 990 filings, Cycle Wyoming (EIN: 20645843) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Cycle Wyoming a good charity to donate to?
Cycle Wyoming has a Mission Score of 85/100. Revenue: $154K. Assets: $200K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cycle Wyoming?
The Employer Identification Number (EIN) for Cycle Wyoming is 20645843. 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 Cycle Wyoming spend its money?
Cycle Wyoming allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cycle Wyoming's tax-exempt status?
You can verify Cycle Wyoming's tax-exempt status using EIN 20645843 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
Cycle Wyoming demonstrates a mixed financial picture based on its IRS 990 filings. While the organization consistently maintains a healthy asset base relative to its revenue, with assets of $192,741 in 2023 against revenue of $33,726, its revenue generation has been highly volatile. Notably, the organization reported negative revenue in 2021 and 2022, indicating significant financial fluctuations that could impact long-term stability. However, expenses have generally remained low, suggesting a lean operational model. The absence of reported liabilities across all filings indicates sound financial management in terms of debt.
Spending efficiency appears strong, as the organization consistently reports low expenses relative to its assets and, in most positive revenue years, maintains a surplus. For instance, in 2023, expenses were $12,622 against revenue of $33,726. The consistent reporting of 0% officer compensation across all filings suggests that the organization is likely volunteer-led or has very modest administrative overhead, contributing to high program efficiency. This lean structure, combined with no reported liabilities, points to a fiscally conservative approach.
Transparency is good, with 14 filings available, demonstrating consistent reporting to the IRS. The detailed breakdown of revenue and expenses, along with asset and liability figures, provides a clear view of the organization's financial activities. The consistent lack of officer compensation also enhances transparency by showing that resources are not being diverted to high executive salaries. However, the significant revenue fluctuations, particularly negative revenue years, warrant closer examination to understand their underlying causes and potential impact on program delivery.