Quick charity verification for Lake Sunapee Cruising Fleet (EIN: 20500363)
Verdict: Lake Sunapee Cruising Fleet appears trustworthy
85/100Mission Score
$0Revenue
$0Assets
1Red Flags
3Strengths
Red Flags
Latest filing shows $0 revenue and assets, raising questions about current operational status.
Strengths
Consistent 0% officer compensation, indicating strong volunteer support and efficiency.
Historically maintained positive net assets, demonstrating fiscal responsibility for its size.
Low overhead due to volunteer-run model.
Spending Breakdown
How Lake Sunapee Cruising Fleet 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 Lake Sunapee Cruising Fleet
Is Lake Sunapee Cruising Fleet a legitimate charity?
Based on AI analysis of IRS 990 filings, Lake Sunapee Cruising Fleet (EIN: 20500363) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Lake Sunapee Cruising Fleet a good charity to donate to?
Lake Sunapee Cruising Fleet 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 Lake Sunapee Cruising Fleet?
The Employer Identification Number (EIN) for Lake Sunapee Cruising Fleet is 20500363. 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 Lake Sunapee Cruising Fleet spend its money?
Lake Sunapee Cruising Fleet allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lake Sunapee Cruising Fleet's tax-exempt status?
You can verify Lake Sunapee Cruising Fleet's tax-exempt status using EIN 20500363 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 Lake Sunapee Cruising Fleet appears to be a very small, volunteer-run organization based on its financial filings. With zero revenue and assets in its latest filing, and historical revenues consistently under $6,000, it operates on a minimal budget. The organization has maintained a healthy financial position historically, with assets consistently exceeding liabilities, indicating good fiscal management for its size. Its expenses have generally been in line with or slightly above its revenue in some years, such as 2014 where expenses of $6,306 exceeded revenue of $4,935, suggesting it occasionally draws from reserves or relies on prior year surpluses. The consistent reporting of 0% officer compensation across all filings indicates a strong reliance on volunteer efforts, which is a positive sign for spending efficiency and mission focus for an organization of this scale. The organization's transparency is good, with consistent filings available, though the latest filing showing zero activity warrants further inquiry to understand its current operational status.