Is Friends Of The Fort Collins Bicycleprogram Inc Legit?
Quick charity verification for Friends Of The Fort Collins Bicycleprogram Inc (EIN: 203797097)
Verdict: Friends Of The Fort Collins Bicycleprogram Inc appears trustworthy
90/100Mission Score
$202KRevenue
$158KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency.
Stable financial position with growing assets, reaching $225,013 in 2023.
Long operational history with 13 IRS 990 filings, demonstrating sustained commitment.
Revenues generally cover expenses, as seen in 2023 ($200,330 revenue vs. $196,388 expenses).
Spending Breakdown
How Friends Of The Fort Collins Bicycleprogram Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Friends Of The Fort Collins Bicycleprogram Inc
Is Friends Of The Fort Collins Bicycleprogram Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The Fort Collins Bicycleprogram Inc (EIN: 203797097) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is Friends Of The Fort Collins Bicycleprogram Inc a good charity to donate to?
Friends Of The Fort Collins Bicycleprogram Inc has a Mission Score of 90/100. Revenue: $202K. Assets: $158K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of The Fort Collins Bicycleprogram Inc?
The Employer Identification Number (EIN) for Friends Of The Fort Collins Bicycleprogram Inc is 203797097. 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 Friends Of The Fort Collins Bicycleprogram Inc spend its money?
Friends Of The Fort Collins Bicycleprogram Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of The Fort Collins Bicycleprogram Inc's tax-exempt status?
You can verify Friends Of The Fort Collins Bicycleprogram Inc's tax-exempt status using EIN 203797097 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
Friends Of The Fort Collins Bicycleprogram Inc demonstrates consistent financial activity, with revenues and expenses generally fluctuating around the $200,000 to $250,000 range over the past decade. The organization has maintained a healthy asset base, most recently reporting $225,013 in assets against $56,458 in liabilities in 2023, indicating a stable financial position. Their consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards their mission rather than executive salaries, which is a positive indicator of financial efficiency and transparency.
While specific program spending percentages are not provided in the summary data, the absence of officer compensation implies that a significant portion of their expenses likely goes towards program delivery and administrative overhead. The organization's financial health appears stable, with recent filings showing revenues slightly exceeding expenses (e.g., $200,330 revenue vs. $196,388 expenses in 2023), allowing for modest growth in net assets. Their long filing history (13 filings) also points to a sustained operational presence and adherence to reporting requirements.