Consistent asset growth, from $79,325 in 2019 to $125,215 in 2023.
Zero reported liabilities across all five filing periods, indicating strong financial stability and no debt.
0% officer compensation reported in all filings, suggesting volunteer leadership and efficient use of funds.
Revenues generally exceed expenses, leading to healthy surpluses in most years (e.g., $108,728 revenue vs. $90,322 expenses in 2021).
Clear and consistent IRS 990 filing history, demonstrating good transparency.
Spending Breakdown
How Independence Mustang Athletic Boosters Inc 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 Independence Mustang Athletic Boosters Inc
Is Independence Mustang Athletic Boosters Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Independence Mustang Athletic Boosters Inc (EIN: 203088467) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Independence Mustang Athletic Boosters Inc a good charity to donate to?
Independence Mustang Athletic Boosters Inc has a Mission Score of 92/100. Revenue: $169K. Assets: $163K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Independence Mustang Athletic Boosters Inc?
The Employer Identification Number (EIN) for Independence Mustang Athletic Boosters Inc is 203088467. 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 Independence Mustang Athletic Boosters Inc spend its money?
Independence Mustang Athletic Boosters Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Independence Mustang Athletic Boosters Inc's tax-exempt status?
You can verify Independence Mustang Athletic Boosters Inc's tax-exempt status using EIN 203088467 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
Independence Mustang Athletic Boosters Inc demonstrates consistent financial health, with revenues generally exceeding expenses over the past five years, leading to a steady growth in assets from $79,325 in 2019 to $125,215 in 2023. The organization maintains a strong financial position with zero reported liabilities across all filings, indicating excellent fiscal management and no reliance on debt. Their latest revenue of $145,255 against expenses of $146,262 in 2023 shows a slight operational deficit for that specific year, but this is minor in the context of overall asset growth and prior surpluses.
The organization's spending efficiency appears high, particularly given the 0% officer compensation reported in all filings, suggesting that leadership is likely volunteer-based, which maximizes funds available for programs. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation is a strong indicator of efficient resource allocation. Their consistent growth in assets without incurring liabilities further supports a well-managed financial operation.
Transparency is excellent, as evidenced by the readily available IRS 990 filings and the clear reporting of key financial metrics. The consistent reporting of zero liabilities and officer compensation simplifies financial analysis and builds trust. The organization's focus on athletic boosters, combined with its efficient financial practices, suggests a strong commitment to its mission.