Quick charity verification for Gymnastics Michiana Booster Club Inc (EIN: 10775040)
Verdict: Gymnastics Michiana Booster Club Inc appears trustworthy
85/100Mission Score
$148KRevenue
$37KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed functional expense breakdown in provided data makes precise spending efficiency analysis difficult.
Strengths
Consistent financial surpluses, such as $26,415 in 2023 ($154,005 revenue - $127,590 expenses).
0% reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
Low liabilities relative to assets, demonstrating strong financial solvency (e.g., $4,254 liabilities vs. $30,018 assets in 2023).
Consistent growth in assets over time, from $14,822 in 2012 to $37,480 currently.
Regular and consistent IRS 990 filings, indicating good transparency practices.
Spending Breakdown
How Gymnastics Michiana Booster Club Inc 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 Gymnastics Michiana Booster Club Inc
Is Gymnastics Michiana Booster Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gymnastics Michiana Booster Club Inc (EIN: 10775040) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Gymnastics Michiana Booster Club Inc a good charity to donate to?
Gymnastics Michiana Booster Club Inc has a Mission Score of 85/100. Revenue: $148K. Assets: $37K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gymnastics Michiana Booster Club Inc?
The Employer Identification Number (EIN) for Gymnastics Michiana Booster Club Inc is 10775040. 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 Gymnastics Michiana Booster Club Inc spend its money?
Gymnastics Michiana Booster Club Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gymnastics Michiana Booster Club Inc's tax-exempt status?
You can verify Gymnastics Michiana Booster Club Inc's tax-exempt status using EIN 10775040 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
Gymnastics Michiana Booster Club Inc demonstrates consistent financial activity, with revenues fluctuating around the $100,000 to $150,000 range over the past decade. The organization generally operates with a modest surplus, as seen in 2023 where revenue was $154,005 against expenses of $127,590, contributing to a healthy asset base of $30,018. While the organization's assets have grown over time from $14,822 in 2012 to $37,480 currently, its liabilities remain low, indicating good financial management and solvency.
The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that resources are primarily directed towards its mission rather than executive salaries. The absence of detailed functional expense breakdowns in the provided data makes a precise assessment of program, administrative, and fundraising spending challenging, but the overall financial health appears stable and well-managed for an organization of its size. The consistent filing of IRS Form 990s over a decade also points to a commitment to transparency.