Quick charity verification for Lakewood Sports Booster Club (EIN: 208437212)
Verdict: Lakewood Sports Booster Club appears trustworthy
92/100Mission Score
$338KRevenue
$153KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Strong financial growth: Assets increased from $29,152 in 2022 to $136,501 in 2023.
Zero liabilities: The organization reported $0 in liabilities for both 2022 and 2023.
No officer compensation: 0% of expenses went to officer compensation in both reported periods, indicating high program focus.
Consistent revenue growth: Revenue increased from $268,519 in 2022 to $368,059 in 2023.
Spending Breakdown
How Lakewood Sports Booster Club allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Lakewood Sports Booster Club
Is Lakewood Sports Booster Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Lakewood Sports Booster Club (EIN: 208437212) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
Is Lakewood Sports Booster Club a good charity to donate to?
Lakewood Sports Booster Club has a Mission Score of 92/100. Revenue: $338K. Assets: $153K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lakewood Sports Booster Club?
The Employer Identification Number (EIN) for Lakewood Sports Booster Club is 208437212. 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 Lakewood Sports Booster Club spend its money?
Lakewood Sports Booster Club allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lakewood Sports Booster Club's tax-exempt status?
You can verify Lakewood Sports Booster Club's tax-exempt status using EIN 208437212 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
Lakewood Sports Booster Club demonstrates strong financial health and a clear commitment to its mission, as evidenced by its recent IRS 990 filings. In the 2023 fiscal period, the organization reported revenues of $368,059 against expenses of $255,068, resulting in a significant surplus that contributed to a substantial increase in assets from $29,152 in 2022 to $136,501 in 2023. This growth in assets, coupled with zero reported liabilities in both periods, indicates sound financial management and stability. The organization's spending efficiency appears high, with no officer compensation reported, suggesting that resources are primarily directed towards program activities rather than executive salaries. The consistent growth in revenue and assets over the two-year period, alongside a lack of liabilities, points to a well-managed and financially robust nonprofit.