Quick charity verification for Farmington Five Hundred Boys Club Inc (EIN: 20411765)
Verdict: Farmington Five Hundred Boys Club Inc appears trustworthy
95/100Mission Score
$115KRevenue
$432KAssets
1Red Flags
5Strengths
Red Flags
NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
Strengths
Consistent financial surplus, indicating sustainable operations (e.g., $118,941 revenue vs. $79,304 expenses in 2023).
Zero officer compensation reported across all filings, suggesting high efficiency and volunteer leadership.
Growing asset base, from $359,813 in 2019 to $416,344 in 2023, demonstrating financial stability.
Very low to zero liabilities, indicating strong fiscal management and minimal debt ($0 liabilities in 2023).
Extensive IRS 990 filing history (13 filings), showing consistent compliance and transparency.
Spending Breakdown
How Farmington Five Hundred Boys Club Inc 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 Farmington Five Hundred Boys Club Inc
Is Farmington Five Hundred Boys Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Farmington Five Hundred Boys Club Inc (EIN: 20411765) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Farmington Five Hundred Boys Club Inc a good charity to donate to?
Farmington Five Hundred Boys Club Inc has a Mission Score of 95/100. Revenue: $115K. Assets: $432K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Farmington Five Hundred Boys Club Inc?
The Employer Identification Number (EIN) for Farmington Five Hundred Boys Club Inc is 20411765. 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 Farmington Five Hundred Boys Club Inc spend its money?
Farmington Five Hundred Boys Club Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Farmington Five Hundred Boys Club Inc's tax-exempt status?
You can verify Farmington Five Hundred Boys Club Inc's tax-exempt status using EIN 20411765 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
Farmington Five Hundred Boys Club Inc demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. Over the past five years, assets have grown from $359,813 in 2019 to $416,344 in 2023, indicating prudent financial management and accumulation of resources. The organization consistently operates with a surplus, as seen in 2023 where revenue was $118,941 against expenses of $79,304, and in 2022 with revenue of $103,938 against expenses of $65,060. This consistent surplus allows for asset growth and financial resilience.
The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that resources are primarily directed towards programmatic activities and operational costs rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the summary data, the absence of officer compensation is a positive indicator of efficiency. The organization's liabilities have also been consistently low, reaching $0 in 2023, which further underscores its strong financial health and responsible fiscal management.
In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, indicating consistent compliance with regulatory requirements. The consistent reporting of key financial metrics over more than a decade provides a clear picture of its financial trajectory. The lack of officer compensation also contributes to a perception of transparency and a focus on mission over individual gain. Overall, Farmington Five Hundred Boys Club Inc appears to be a financially sound and well-managed nonprofit.