Quick charity verification for Minden Charity Classic Inc (EIN: 200816881)
Verdict: Minden Charity Classic Inc appears trustworthy
92/100Mission Score
$223KRevenue
$220KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero officer compensation reported across all filings, indicating high efficiency.
Consistent asset growth, reaching $226,938 in 2023, demonstrating financial health.
No reported liabilities in any filing period, suggesting strong financial management.
Consistent filing of IRS Form 990s, indicating good transparency.
Expenses generally kept below revenue, contributing to asset accumulation.
Spending Breakdown
How Minden Charity Classic Inc 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 Minden Charity Classic Inc
Is Minden Charity Classic Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Minden Charity Classic Inc (EIN: 200816881) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Minden Charity Classic Inc a good charity to donate to?
Minden Charity Classic Inc has a Mission Score of 92/100. Revenue: $223K. Assets: $220K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Minden Charity Classic Inc?
The Employer Identification Number (EIN) for Minden Charity Classic Inc is 200816881. 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 Minden Charity Classic Inc spend its money?
Minden Charity Classic Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Minden Charity Classic Inc's tax-exempt status?
You can verify Minden Charity Classic Inc's tax-exempt status using EIN 200816881 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
Minden Charity Classic Inc demonstrates consistent financial health with a positive net asset position and no reported liabilities across all available filings. The organization's revenue has fluctuated, with a notable increase to $105,502 in 2023 from $36,819 in 2022, indicating variable fundraising success. Expenses have generally remained below revenue in most years, contributing to asset growth. The organization's transparency is high given its consistent filing of IRS Form 990s and the absence of officer compensation, which simplifies financial scrutiny.
The spending efficiency appears strong, particularly due to the zero officer compensation reported, suggesting that a very high percentage of funds are directed towards program services and operational costs rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall financial picture suggests a lean operational model. The organization's assets have steadily grown over time, reaching $226,938 in 2023, which provides a solid financial foundation for its activities.
Overall, Minden Charity Classic Inc appears to be a well-managed organization with a focus on its mission, supported by its consistent asset growth and lack of liabilities. The absence of officer compensation is a significant positive indicator of efficient resource allocation and a commitment to directing funds towards its charitable purpose.