Is Glen Rock Athletic Club Corp Legit?

Quick charity verification for Glen Rock Athletic Club Corp (EIN: 220942777)

Verdict: Glen Rock Athletic Club Corp appears trustworthy

85/100Mission Score
$347KRevenue
$287KAssets
1Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How Glen Rock Athletic Club Corp allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
5%
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 Glen Rock Athletic Club Corp

Is Glen Rock Athletic Club Corp a legitimate charity?

Based on AI analysis of IRS 990 filings, Glen Rock Athletic Club Corp (EIN: 220942777) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.

Is Glen Rock Athletic Club Corp a good charity to donate to?

Glen Rock Athletic Club Corp has a Mission Score of 85/100. Revenue: $347K. Assets: $287K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Glen Rock Athletic Club Corp?

The Employer Identification Number (EIN) for Glen Rock Athletic Club Corp is 220942777. 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 Glen Rock Athletic Club Corp spend its money?

Glen Rock Athletic Club Corp allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Glen Rock Athletic Club Corp's tax-exempt status?

You can verify Glen Rock Athletic Club Corp's tax-exempt status using EIN 220942777 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

Glen Rock Athletic Club Corp demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past four years, revenue has steadily increased from $113,193 in 2020 to $402,618 in 2023, indicating growing community support or program expansion. The organization consistently maintains a positive net asset position, growing from $196,115 in 2020 to $287,304 in 2023, suggesting sound financial management and an ability to build reserves. Their liabilities have also decreased significantly from $198,123 in 2020 to $63,865 in 2023, further strengthening their balance sheet. The organization's spending efficiency is commendable, with expenses consistently below revenue, allowing for asset growth. For instance, in 2023, expenses were $350,207 against revenues of $402,618. A key indicator of their commitment to mission is the reported 0% officer compensation across all filings, which suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation, potentially indicating a high proportion of resources directed towards programs. However, without a detailed functional expense breakdown (program, administrative, fundraising), a precise assessment of spending efficiency is limited. The NTEE code N50 (Recreational, Sports, Leisure, & Athletics) aligns well with their name and likely activities. In terms of transparency, the consistent filing of IRS Form 990s is a positive sign. The absence of reported officer compensation is a strong indicator of a lean operational structure. However, the lack of detailed functional expense breakdowns in the provided data makes it difficult to fully assess the proportion of spending dedicated directly to programs versus administrative or fundraising costs. While the overall financial health appears robust, more granular expense data would enhance transparency and allow for a more precise evaluation of program efficiency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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