Quick charity verification for Independence Rowing Club Incorporated (EIN: 20325323)
Verdict: Independence Rowing Club Incorporated appears trustworthy
85/100Mission Score
$0Revenue
$0Assets
1Red Flags
4Strengths
Red Flags
Zero revenue and assets in the latest filing, indicating potential inactivity or cessation of operations.
Strengths
100% program spending based on the absence of reported officer compensation and minimal expenses relative to assets.
Zero officer compensation across all reported periods, indicating a volunteer-driven model.
Historically maintained positive net assets and low liabilities, demonstrating sound financial management.
High transparency with consistent IRS 990 filings despite minimal financial activity.
Spending Breakdown
How Independence Rowing Club Incorporated allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
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 Independence Rowing Club Incorporated
Is Independence Rowing Club Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Independence Rowing Club Incorporated (EIN: 20325323) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Independence Rowing Club Incorporated a good charity to donate to?
Independence Rowing Club Incorporated 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 Independence Rowing Club Incorporated?
The Employer Identification Number (EIN) for Independence Rowing Club Incorporated is 20325323. 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 Rowing Club Incorporated spend its money?
Independence Rowing Club Incorporated allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Independence Rowing Club Incorporated's tax-exempt status?
You can verify Independence Rowing Club Incorporated's tax-exempt status using EIN 20325323 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 Rowing Club Incorporated appears to be a very small, volunteer-run organization based on its financial filings. With zero revenue and assets in its latest period, and historical revenues consistently under $20,000, it operates on a minimal budget. The organization demonstrates strong financial health in its historical filings, consistently maintaining positive net assets and zero liabilities in most periods, indicating responsible financial management. The absence of officer compensation across all reported periods suggests a high degree of volunteerism and dedication, which is a positive indicator for donor confidence and efficient use of funds. However, the lack of recent financial activity (zero revenue and assets in the latest period) raises questions about its current operational status or if it has ceased active operations.