Is Forest Lake Improvement Association Of Winchester Nh Legit?
Quick charity verification for Forest Lake Improvement Association Of Winchester Nh (EIN: 20479914)
Verdict: Forest Lake Improvement Association Of Winchester Nh appears trustworthy
95/100Mission Score
$332KRevenue
$445KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth (from $129,723 in 2021 to $263,826 in 2023)
Zero liabilities reported across all filings
0% officer compensation, indicating efficient use of funds
Strong revenue generation relative to expenses, leading to surpluses
High financial stability and fiscal responsibility
Spending Breakdown
How Forest Lake Improvement Association Of Winchester Nh 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 Forest Lake Improvement Association Of Winchester Nh
Is Forest Lake Improvement Association Of Winchester Nh a legitimate charity?
Based on AI analysis of IRS 990 filings, Forest Lake Improvement Association Of Winchester Nh (EIN: 20479914) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Forest Lake Improvement Association Of Winchester Nh a good charity to donate to?
Forest Lake Improvement Association Of Winchester Nh has a Mission Score of 95/100. Revenue: $332K. Assets: $445K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Forest Lake Improvement Association Of Winchester Nh?
The Employer Identification Number (EIN) for Forest Lake Improvement Association Of Winchester Nh is 20479914. 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 Forest Lake Improvement Association Of Winchester Nh spend its money?
Forest Lake Improvement Association Of Winchester Nh allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Forest Lake Improvement Association Of Winchester Nh's tax-exempt status?
You can verify Forest Lake Improvement Association Of Winchester Nh's tax-exempt status using EIN 20479914 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
The Forest Lake Improvement Association Of Winchester Nh demonstrates strong financial health and efficient spending based on its recent IRS 990 filings. In the 2023 fiscal period, the organization reported revenues of $162,053 against expenses of $40,616, indicating a significant surplus that contributed to asset growth. Over the past three years, assets have consistently grown from $129,723 in 2021 to $263,826 in 2023, with no reported liabilities, suggesting excellent financial management and stability. The organization's commitment to its mission is further supported by its zero officer compensation, indicating that all resources are directed towards its operational goals rather than executive salaries.
The association's spending efficiency is commendable, with expenses consistently well below revenues across all reported periods. For instance, in 2023, expenses were only about 25% of revenue, allowing for substantial reinvestment into the organization's mission or reserves. The absence of officer compensation also points to a volunteer-driven or very lean operational structure, which enhances its overall efficiency and ensures donor funds are maximized for programmatic impact. This financial discipline, combined with a clear balance sheet, suggests a highly transparent and accountable organization.
Overall, the Forest Lake Improvement Association appears to be a well-managed and financially sound nonprofit. Its consistent asset growth, low expense-to-revenue ratio, and lack of liabilities or executive compensation are strong indicators of a healthy and efficient organization dedicated to its stated purpose. Donors can be confident that their contributions are being used effectively to support the association's mission.