Is Medora Area Convention And Visitorsbureau Legit?
Quick charity verification for Medora Area Convention And Visitorsbureau (EIN: 203968524)
Verdict: Medora Area Convention And Visitorsbureau appears trustworthy
85/100Mission Score
$175KRevenue
$353KAssets
1Red Flags
5Strengths
Red Flags
Unusually low expenses in 2023 ($11,544) compared to revenue ($158,892) may warrant further investigation to understand the full allocation of funds, as it could indicate significant funds held or reclassified rather than spent.
Strengths
Consistent revenue growth over the past decade, from $114,721 in 2014 to $158,892 in 2023.
Significant asset growth, increasing from $72,786 in 2014 to $357,440 in 2023.
Zero reported liabilities across all filing periods, indicating strong financial health and no debt.
Consistent 0% officer compensation, suggesting a volunteer-driven or highly cost-efficient leadership structure.
Strong compliance with IRS reporting, evidenced by 13 filings.
Spending Breakdown
How Medora Area Convention And Visitorsbureau 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 Medora Area Convention And Visitorsbureau
Is Medora Area Convention And Visitorsbureau a legitimate charity?
Based on AI analysis of IRS 990 filings, Medora Area Convention And Visitorsbureau (EIN: 203968524) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Medora Area Convention And Visitorsbureau a good charity to donate to?
Medora Area Convention And Visitorsbureau has a Mission Score of 85/100. Revenue: $175K. Assets: $353K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Medora Area Convention And Visitorsbureau?
The Employer Identification Number (EIN) for Medora Area Convention And Visitorsbureau is 203968524. 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 Medora Area Convention And Visitorsbureau spend its money?
Medora Area Convention And Visitorsbureau allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Medora Area Convention And Visitorsbureau's tax-exempt status?
You can verify Medora Area Convention And Visitorsbureau's tax-exempt status using EIN 203968524 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
Medora Area Convention And Visitorsbureau demonstrates a generally healthy financial position, with consistent revenue growth over the past decade, increasing from $114,721 in 2014 to $158,892 in 2023. The organization has also significantly grown its assets, from $72,786 in 2014 to $357,440 in 2023, indicating good financial management and accumulation of resources. A notable aspect is the extremely low expenses reported in 2023 ($11,544) compared to its revenue, which suggests either highly efficient operations or a significant portion of revenue being retained for future activities, contributing to asset growth.
Spending efficiency appears strong, particularly in the latest filing period (2023) where expenses were minimal relative to revenue. While specific program, administrative, and fundraising expense breakdowns are not explicitly detailed in the provided summary, the overall low expense ratio in 2023 implies that a large portion of funds were either directly applied to mission-related activities or conserved. The consistent reporting of zero officer compensation across all filings indicates a volunteer-led or very lean executive structure, which can contribute to lower administrative overhead.
In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, demonstrating consistent compliance with reporting requirements. The absence of liabilities across all reported periods is a positive indicator of financial stability and responsible fiscal management. The consistent growth in assets without incurring debt further reinforces a positive outlook on the organization's financial health and its ability to sustain operations.