Is Gorham Ice Hockey Boosters Association Inc Legit?
Quick charity verification for Gorham Ice Hockey Boosters Association Inc (EIN: 10477145)
Verdict: Gorham Ice Hockey Boosters Association Inc appears trustworthy
90/100Mission Score
$60KRevenue
$73KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent reporting of $0 liabilities, indicating strong financial management and no debt.
0% officer compensation across all filings, demonstrating a highly efficient, volunteer-led model.
Stable and growing asset base, from $42,529 in 2018 to $74,237 in 2024.
Long history of public filings (13 filings), indicating strong transparency.
Expenses generally align closely with revenue, suggesting efficient use of funds for its mission.
Spending Breakdown
How Gorham Ice Hockey Boosters Association Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Gorham Ice Hockey Boosters Association Inc
Is Gorham Ice Hockey Boosters Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gorham Ice Hockey Boosters Association Inc (EIN: 10477145) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Gorham Ice Hockey Boosters Association Inc a good charity to donate to?
Gorham Ice Hockey Boosters Association Inc has a Mission Score of 90/100. Revenue: $60K. Assets: $73K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gorham Ice Hockey Boosters Association Inc?
The Employer Identification Number (EIN) for Gorham Ice Hockey Boosters Association Inc is 10477145. 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 Gorham Ice Hockey Boosters Association Inc spend its money?
Gorham Ice Hockey Boosters Association Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gorham Ice Hockey Boosters Association Inc's tax-exempt status?
You can verify Gorham Ice Hockey Boosters Association Inc's tax-exempt status using EIN 10477145 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 Gorham Ice Hockey Boosters Association Inc. demonstrates consistent financial activity, with annual revenues typically ranging from $46,420 to $93,270 over the past decade. The organization maintains a healthy financial position, consistently reporting zero liabilities across all available filings, indicating strong fiscal management and no reliance on debt. Assets have shown a steady increase over time, growing from $42,529 in 2018 to $74,237 in 2024, suggesting prudent accumulation of resources.
Spending efficiency appears high, as the organization consistently reports 0% officer compensation, meaning all leadership is volunteer-based. This significantly reduces administrative overhead and allows a greater proportion of funds to be directed towards its mission. While specific program spending percentages are not detailed in the provided data, the absence of paid executives is a strong indicator of efficient resource allocation.
Transparency is excellent, with 13 filings available, showing a long history of public reporting. The consistent reporting of zero liabilities and no officer compensation further enhances its transparency profile, providing clear insight into its financial structure and operational model. The organization's financial health appears stable and well-managed, with a clear commitment to its mission through volunteer leadership.