Is Greater Bangor Golf Tournament Corp Legit?

Quick charity verification for Greater Bangor Golf Tournament Corp (EIN: 10359228)

Verdict: Greater Bangor Golf Tournament Corp appears trustworthy

85/100Mission Score
$0Revenue
$0Assets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Greater Bangor Golf Tournament Corp 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 Greater Bangor Golf Tournament Corp

Is Greater Bangor Golf Tournament Corp a legitimate charity?

Based on AI analysis of IRS 990 filings, Greater Bangor Golf Tournament Corp (EIN: 10359228) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Greater Bangor Golf Tournament Corp a good charity to donate to?

Greater Bangor Golf Tournament Corp has a Mission Score of 85/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Greater Bangor Golf Tournament Corp?

The Employer Identification Number (EIN) for Greater Bangor Golf Tournament Corp is 10359228. 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 Greater Bangor Golf Tournament Corp spend its money?

Greater Bangor Golf Tournament Corp allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Greater Bangor Golf Tournament Corp's tax-exempt status?

You can verify Greater Bangor Golf Tournament Corp's tax-exempt status using EIN 10359228 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

Greater Bangor Golf Tournament Corp appears to be a very small, volunteer-run organization based on its consistent revenue and expense figures, and the complete absence of officer compensation across all reported periods. The organization consistently operates with a very thin margin, with revenues closely matching expenses each year. For example, in 2017, revenue was $54,976 against expenses of $53,833, resulting in a net gain of just over $1,000. This pattern suggests that the organization is primarily focused on covering its operational costs through its golf tournament activities. Its assets remain minimal, never exceeding $4,118, indicating that it does not accumulate significant reserves. The lack of liabilities across all filings points to sound financial management and an avoidance of debt. The organization's spending efficiency is high in terms of administrative overhead, as there is no reported officer compensation, implying a volunteer-driven model. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess the proportion dedicated directly to programmatic activities versus other operational costs. Given the nature of a golf tournament, a significant portion of expenses would likely be event-related, which could be considered programmatic. The consistent filing of IRS Form 990 demonstrates a commitment to transparency, even for an organization of its size, allowing public scrutiny of its financial activities.

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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