Is Lakeville North Girls Basketball Association Legit?
Quick charity verification for Lakeville North Girls Basketball Association (EIN: 202931463)
Verdict: Lakeville North Girls Basketball Association appears trustworthy
92/100Mission Score
$362KRevenue
$194KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial surpluses, such as $26,298 in 202312 (Revenue $205,024 - Expenses $178,726).
Zero officer compensation reported across all filings, indicating high operational efficiency.
Steady growth in assets from $30,348 in 2014 to $151,160 in 2023.
No reported liabilities in any filing, demonstrating strong financial solvency.
Consistent IRS 990 filing history over 13 periods, indicating good transparency and compliance.
Spending Breakdown
How Lakeville North Girls Basketball Association 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 Lakeville North Girls Basketball Association
Is Lakeville North Girls Basketball Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Lakeville North Girls Basketball Association (EIN: 202931463) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Lakeville North Girls Basketball Association a good charity to donate to?
Lakeville North Girls Basketball Association has a Mission Score of 92/100. Revenue: $362K. Assets: $194K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lakeville North Girls Basketball Association?
The Employer Identification Number (EIN) for Lakeville North Girls Basketball Association is 202931463. 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 Lakeville North Girls Basketball Association spend its money?
Lakeville North Girls Basketball Association allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lakeville North Girls Basketball Association's tax-exempt status?
You can verify Lakeville North Girls Basketball Association's tax-exempt status using EIN 202931463 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 Lakeville North Girls Basketball Association demonstrates consistent financial activity, with revenues and expenses generally balanced over the past decade. For the most recent period (202312), the organization reported revenues of $205,024 against expenses of $178,726, indicating a healthy surplus that contributed to asset growth. The association has shown steady asset accumulation, growing from $30,348 in 2014 to $151,160 in 2023, with no reported liabilities, suggesting strong financial management and solvency.
Spending efficiency appears high, as the organization consistently reports 0% officer compensation, indicating that leadership is likely volunteer-based, which maximizes funds available for programs. While specific program, administrative, and fundraising breakdowns are not detailed in the provided data, the absence of officer compensation is a strong indicator of efficient use of funds. The organization's consistent filing history and lack of liabilities also point to good financial governance and transparency.
Overall, the Lakeville North Girls Basketball Association appears to be a financially stable and well-managed organization, effectively utilizing its resources to support its mission without incurring debt or significant overhead from executive salaries. Its consistent growth in assets and balanced financial operations over many years reflect a responsible approach to nonprofit management.