Is Lakeville South Boys Basketball Association Legit?
Quick charity verification for Lakeville South Boys Basketball Association (EIN: 202944853)
Verdict: Lakeville South Boys Basketball Association appears trustworthy
92/100Mission Score
$388KRevenue
$352KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $116,013 in 2017 to $310,036 in 2023.
Zero liabilities reported across all 13 filings, indicating strong financial management.
0% officer compensation, demonstrating a volunteer-led model and efficient use of funds.
Significant asset growth, from $171,643 in 2017 to $326,735 in 2023, building organizational capacity.
Positive net income in most recent filing (202312) with revenue of $310,036 exceeding expenses of $257,574.
Spending Breakdown
How Lakeville South Boys Basketball Association allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 South Boys Basketball Association
Is Lakeville South Boys Basketball Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Lakeville South Boys Basketball Association (EIN: 202944853) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Lakeville South Boys Basketball Association a good charity to donate to?
Lakeville South Boys Basketball Association has a Mission Score of 92/100. Revenue: $388K. Assets: $352K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lakeville South Boys Basketball Association?
The Employer Identification Number (EIN) for Lakeville South Boys Basketball Association is 202944853. 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 South Boys Basketball Association spend its money?
Lakeville South Boys Basketball Association allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lakeville South Boys Basketball Association's tax-exempt status?
You can verify Lakeville South Boys Basketball Association's tax-exempt status using EIN 202944853 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 South Boys Basketball Association demonstrates consistent financial health with a positive trend in revenue and assets over the past decade. In the latest filing (202312), the organization reported revenue of $310,036 against expenses of $257,574, resulting in a surplus that contributes to its growing asset base of $326,735. The association maintains a strong balance sheet with zero liabilities reported across all available filings, indicating sound financial management and no reliance on debt. This consistent financial stability, coupled with a clear mission focused on youth sports, suggests a well-managed operation.
The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation, which indicates that leadership is likely volunteer-based, minimizing administrative overhead. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall expense ratios relative to revenue suggest that the majority of funds are directed towards its mission. The absence of liabilities further reinforces efficient cash flow management.
Transparency is high, as evidenced by 13 consistent IRS 990 filings and the clear reporting of key financial metrics. The consistent reporting of zero officer compensation is a significant positive indicator of the organization's commitment to directing resources to its programs rather than executive salaries. The growth in assets from $171,643 in 2017 to $326,735 in 2023, alongside increasing revenue, points to a well-stewarded organization that is building capacity.