Is Greater Indiana Florida College Booster Club Inc Legit?
Quick charity verification for Greater Indiana Florida College Booster Club Inc (EIN: 204154158)
Verdict: Greater Indiana Florida College Booster Club Inc appears trustworthy
92/100Mission Score
$101KRevenue
$106KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth (from $65,388 in 2014 to $100,294 in 2023).
Strong asset accumulation (from $25,253 in 2014 to $107,212 in 2023).
Zero reported liabilities across all filings, indicating excellent financial stability.
0% officer compensation reported, suggesting very low administrative overhead.
Consistent surplus in recent years (e.g., $100,294 revenue vs. $75,364 expenses in 2023).
Spending Breakdown
How Greater Indiana Florida College Booster Club Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Greater Indiana Florida College Booster Club Inc
Is Greater Indiana Florida College Booster Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Indiana Florida College Booster Club Inc (EIN: 204154158) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Greater Indiana Florida College Booster Club Inc a good charity to donate to?
Greater Indiana Florida College Booster Club Inc has a Mission Score of 92/100. Revenue: $101K. Assets: $106K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Greater Indiana Florida College Booster Club Inc?
The Employer Identification Number (EIN) for Greater Indiana Florida College Booster Club Inc is 204154158. 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 Indiana Florida College Booster Club Inc spend its money?
Greater Indiana Florida College Booster Club Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Greater Indiana Florida College Booster Club Inc's tax-exempt status?
You can verify Greater Indiana Florida College Booster Club Inc's tax-exempt status using EIN 204154158 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 Indiana Florida College Booster Club Inc demonstrates consistent financial growth and prudent management. Over the past decade, the organization's revenue has steadily increased from $65,388 in 2014 to $100,294 in 2023, indicating strong donor support. Expenses have generally remained below revenue, allowing for asset accumulation, which grew from $25,253 to $107,212 over the same period. The organization consistently reports zero liabilities, suggesting excellent financial stability and a lack of debt.
The organization's spending efficiency appears strong, with expenses consistently lower than revenue in recent years, allowing for asset growth. For example, in 2023, expenses were $75,364 against revenues of $100,294, resulting in a surplus. The absence of reported officer compensation across all filings suggests that administrative costs are likely kept very low, contributing to a higher proportion of funds potentially directed towards program services. This commitment to minimizing overhead enhances its financial health and transparency.
Transparency is further bolstered by the consistent filing of IRS Form 990s over 16 periods, providing a clear and accessible financial history. The consistent reporting of zero liabilities and zero officer compensation across all available filings indicates a straightforward financial structure and a commitment to directing resources towards its mission. This level of consistent, clear reporting contributes positively to its overall transparency.