Quick charity verification for Laker Booster Club Inc (EIN: 202297807)
Verdict: Laker Booster Club Inc appears trustworthy
92/100Mission Score
$210KRevenue
$338KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating volunteer leadership and high efficiency.
Strong financial health with consistent asset growth, reaching $337,902 in the latest period.
Zero reported liabilities in recent filings (2022-2024), demonstrating excellent solvency.
Long history of IRS 990 filings (13 filings), indicating strong transparency.
Stable revenue streams, with the latest revenue at $210,216.
Spending Breakdown
How Laker Booster Club 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 Laker Booster Club Inc
Is Laker Booster Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Laker Booster Club Inc (EIN: 202297807) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Laker Booster Club Inc a good charity to donate to?
Laker Booster Club Inc has a Mission Score of 92/100. Revenue: $210K. Assets: $338K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Laker Booster Club Inc?
The Employer Identification Number (EIN) for Laker Booster Club Inc is 202297807. 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 Laker Booster Club Inc spend its money?
Laker Booster Club Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Laker Booster Club Inc's tax-exempt status?
You can verify Laker Booster Club Inc's tax-exempt status using EIN 202297807 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
Laker Booster Club Inc demonstrates consistent financial health with stable revenue streams and a strong asset base. Over the past five years, revenue has fluctuated but generally remained in the $113,000 - $195,000 range, with the latest reported revenue at $210,216. The organization consistently maintains a healthy reserve, with assets of $337,902 as of the latest filing, and has reported zero liabilities in its most recent filings (2022-2024), indicating strong financial management and solvency.
The organization's spending efficiency appears high, as it consistently reports 0% officer compensation, suggesting that its leadership is volunteer-based, which minimizes administrative overhead. While specific program spending percentages are not detailed in the provided data, the absence of officer compensation is a positive indicator for efficient use of funds. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency, allowing public scrutiny of its financial activities.
Overall, Laker Booster Club Inc appears to be a well-managed and financially stable organization, effectively utilizing its resources given its consistent revenue and asset growth, and its commitment to transparency through regular filings and zero reported officer compensation.