Quick charity verification for Friends Of The Washington Canoe Club (EIN: 20606647)
Verdict: Friends Of The Washington Canoe Club appears trustworthy
92/100Mission Score
$723KRevenue
$2.9MAssets
1Red Flags
5Strengths
Red Flags
Specific program, administrative, and fundraising expense breakdowns are not detailed in the provided summary data, making a precise efficiency analysis challenging.
Strengths
Consistent asset growth, from $270,351 in 2014 to $2,312,617 in 2023.
Zero officer compensation reported across all 13 filings, indicating volunteer leadership.
Revenue consistently exceeds expenses, leading to healthy surpluses (e.g., $511,704 revenue vs. $271,723 expenses in 2023).
Strong financial stability with low liabilities relative to assets (e.g., $177 liabilities vs. $2,312,617 assets in 2023).
Consistent IRS 990 filing history over 13 periods, demonstrating transparency and compliance.
Spending Breakdown
How Friends Of The Washington Canoe Club allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Washington Canoe Club
Is Friends Of The Washington Canoe Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The Washington Canoe Club (EIN: 20606647) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Friends Of The Washington Canoe Club a good charity to donate to?
Friends Of The Washington Canoe Club has a Mission Score of 92/100. Revenue: $723K. Assets: $2.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of The Washington Canoe Club?
The Employer Identification Number (EIN) for Friends Of The Washington Canoe Club is 20606647. 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 Washington Canoe Club spend its money?
Friends Of The Washington Canoe Club allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of The Washington Canoe Club's tax-exempt status?
You can verify Friends Of The Washington Canoe Club's tax-exempt status using EIN 20606647 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 Washington Canoe Club demonstrates strong financial health and consistent growth in assets over the past decade, increasing from $270,351 in 2014 to $2,312,617 in 2023. The organization consistently reports zero officer compensation, which is a positive indicator of volunteer leadership and efficient use of funds. Their revenue has also shown a significant upward trend, reaching $511,704 in 2023, far exceeding expenses of $271,723 for the same period. This consistent surplus contributes to their growing asset base.
The organization's spending efficiency appears robust, with expenses generally well below revenue, allowing for asset accumulation. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall low expense-to-revenue ratio suggests a lean operational model. The absence of reported officer compensation further enhances their transparency and commitment to directing resources towards their mission. The consistent filing of IRS Form 990s over 13 periods also indicates a commitment to regulatory compliance and transparency.