Quick charity verification for Jackson Bronc Backers Inc (EIN: 20601640)
Verdict: Jackson Bronc Backers Inc appears trustworthy
92/100Mission Score
$223KRevenue
$169KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating high efficiency and volunteer leadership.
Strong financial health with growing assets, from $62,457 in 201507 to $178,809 in 202407.
No reported liabilities in recent years (201707-202407), indicating a debt-free operation.
Positive net income in most recent filing (202407: Revenue $178,574 vs. Expenses $152,182).
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Spending Breakdown
How Jackson Bronc Backers 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 Jackson Bronc Backers Inc
Is Jackson Bronc Backers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jackson Bronc Backers Inc (EIN: 20601640) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Jackson Bronc Backers Inc a good charity to donate to?
Jackson Bronc Backers Inc has a Mission Score of 92/100. Revenue: $223K. Assets: $169K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Jackson Bronc Backers Inc?
The Employer Identification Number (EIN) for Jackson Bronc Backers Inc is 20601640. 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 Jackson Bronc Backers Inc spend its money?
Jackson Bronc Backers Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Jackson Bronc Backers Inc's tax-exempt status?
You can verify Jackson Bronc Backers Inc's tax-exempt status using EIN 20601640 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
Jackson Bronc Backers Inc demonstrates consistent financial health with a positive net asset position and no reported liabilities across most recent filings. The organization's revenue has fluctuated, with a notable increase to $178,574 in the 202407 period, up from $101,772 in 202307. Expenses have generally remained below or near revenue, indicating responsible spending. For instance, in 202407, expenses were $152,182 against $178,574 in revenue, resulting in a surplus. The organization's assets have grown steadily over time, from $62,457 in 201507 to $178,809 in 202407, reflecting sound financial management and accumulation of resources.
The organization appears to be highly efficient in its operations, as evidenced by the consistent reporting of 0% officer compensation across all available filings. This suggests that the organization is likely volunteer-led or has a very lean administrative structure, maximizing the proportion of funds available for its programs. While specific program spending ratios are not detailed in the provided data, the absence of executive compensation is a strong indicator of efficient resource allocation. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency and regulatory compliance.
Overall, Jackson Bronc Backers Inc exhibits strong financial health, efficient spending practices by avoiding executive compensation, and a good track record of transparency through its regular IRS filings. The organization's ability to maintain a positive asset base and manage expenses effectively, even with fluctuating revenues, points to a well-managed and sustainable operation.