Consistent reporting of 0% officer compensation, indicating efficient use of funds.
Zero reported liabilities across all filings, demonstrating strong financial health.
Consistent filing of IRS Form 990s over 13 periods, showing commitment to transparency.
Strong recovery in revenue from $39,355 in 2021 to $174,696 in 2023, indicating resilience and effective operations.
Maintains positive assets, with $70,786 in 2023, providing a buffer for operations.
Spending Breakdown
How Gold Nugget Triathlon Incorporated 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 Gold Nugget Triathlon Incorporated
Is Gold Nugget Triathlon Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Gold Nugget Triathlon Incorporated (EIN: 200185286) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Gold Nugget Triathlon Incorporated a good charity to donate to?
Gold Nugget Triathlon Incorporated has a Mission Score of 90/100. Revenue: $188K. Assets: $82K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gold Nugget Triathlon Incorporated?
The Employer Identification Number (EIN) for Gold Nugget Triathlon Incorporated is 200185286. 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 Gold Nugget Triathlon Incorporated spend its money?
Gold Nugget Triathlon Incorporated allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gold Nugget Triathlon Incorporated's tax-exempt status?
You can verify Gold Nugget Triathlon Incorporated's tax-exempt status using EIN 200185286 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
Gold Nugget Triathlon Incorporated demonstrates consistent financial activity, primarily focused on organizing triathlon events. The organization's revenue and expenses have fluctuated over the years, with a notable dip in revenue in 2021 ($39,355) followed by a strong recovery in 2022 ($158,296) and 2023 ($174,696). The organization consistently reports zero liabilities, indicating a healthy balance sheet and responsible financial management. Their assets have varied, reaching a high of $146,453 in 2017 and currently standing at $70,786 in 2023, which is sufficient given their operational scale.
The organization's spending efficiency appears strong, as evidenced by their consistent program-focused activities and the absence of reported officer compensation. This suggests that the majority of funds are directed towards their mission of organizing triathlons. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the overall financial picture points to an operation that effectively manages its resources to deliver its stated purpose. The consistent filing of IRS Form 990s over 13 periods also indicates a commitment to transparency.