Quick charity verification for Hanahan Athletic Booster Club (EIN: 202922117)
Verdict: Hanahan Athletic Booster Club appears trustworthy
85/100Mission Score
$501KRevenue
$322KAssets
1Red Flags
5Strengths
Red Flags
Expenses exceeded revenue in the 202406 period ($376,580 expenses vs. $333,407 revenue), resulting in a deficit for that year.
Strengths
Consistent asset growth over the past decade, from $59,779 in 2015 to $264,986 in 2024.
Zero liabilities reported across all 13 filings, indicating strong financial stability.
0% officer compensation across all filings, demonstrating volunteer leadership and efficient use of funds.
Consistent IRS 990 filing history (13 filings), indicating good transparency and compliance.
Significant revenue growth over time, suggesting increasing community support for its mission.
Spending Breakdown
How Hanahan Athletic Booster Club allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Hanahan Athletic Booster Club
Is Hanahan Athletic Booster Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Hanahan Athletic Booster Club (EIN: 202922117) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Hanahan Athletic Booster Club a good charity to donate to?
Hanahan Athletic Booster Club has a Mission Score of 85/100. Revenue: $501K. Assets: $322K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hanahan Athletic Booster Club?
The Employer Identification Number (EIN) for Hanahan Athletic Booster Club is 202922117. 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 Hanahan Athletic Booster Club spend its money?
Hanahan Athletic Booster Club allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hanahan Athletic Booster Club's tax-exempt status?
You can verify Hanahan Athletic Booster Club's tax-exempt status using EIN 202922117 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 Hanahan Athletic Booster Club demonstrates a generally healthy financial position, with consistent growth in revenue and assets over the past decade. In the most recent filing (202406), the organization reported revenues of $333,407 against expenses of $376,580, indicating a deficit for that period. However, this follows several years of revenue exceeding expenses, contributing to a substantial increase in assets from $59,779 in 2015 to $264,986 in 2024. The club's liabilities consistently remain at $0, which is a strong indicator of financial stability and responsible management, as it suggests no outstanding debts.
The organization's spending efficiency appears to be focused on its program services, as is typical for booster clubs directly supporting athletic programs. The absence of reported officer compensation across all filings is a significant positive for transparency and efficiency, indicating that leadership is likely volunteer-based, which maximizes funds available for programs. While a detailed breakdown of program vs. administrative vs. fundraising expenses isn't explicitly provided in the summary data, the lack of officer compensation suggests a lean operational structure.
Overall, the Hanahan Athletic Booster Club exhibits good financial health and a strong commitment to its mission, evidenced by asset growth and zero liabilities. The consistent filing of IRS 990s over 13 periods also points to a commitment to transparency. The recent deficit in 202406 warrants monitoring but does not overshadow the overall positive trend.