Quick charity verification for Moosehead Riders Inc (EIN: 10380746)
Verdict: Moosehead Riders Inc appears trustworthy
85/100Mission Score
$113KRevenue
$155KAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown in provided data prevents precise spending efficiency analysis.
Strengths
Consistent positive net income in recent years (e.g., $33,713 in 2022).
Zero liabilities reported since 2020, indicating strong financial health.
No officer compensation reported across all filings, maximizing funds for mission.
Growing asset base in recent years, from $33,801 in 2019 to $127,382 in 2022.
Spending Breakdown
How Moosehead Riders Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Moosehead Riders Inc
Is Moosehead Riders Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Moosehead Riders Inc (EIN: 10380746) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Moosehead Riders Inc a good charity to donate to?
Moosehead Riders Inc has a Mission Score of 85/100. Revenue: $113K. Assets: $155K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Moosehead Riders Inc?
The Employer Identification Number (EIN) for Moosehead Riders Inc is 10380746. 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 Moosehead Riders Inc spend its money?
Moosehead Riders Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Moosehead Riders Inc's tax-exempt status?
You can verify Moosehead Riders Inc's tax-exempt status using EIN 10380746 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
Moosehead Riders Inc. demonstrates consistent financial activity, with revenues generally fluctuating around the $100,000 to $150,000 range in recent years, peaking at $251,189 in 2015. The organization has maintained a healthy financial position, with assets growing from $33,801 in 2019 to $127,382 in 2022, and liabilities consistently reported as $0 since 2020, indicating strong financial management and solvency. The organization's expenses have generally been well-managed relative to its revenue, with a positive net income in most recent years, such as in 2022 where revenue was $119,783 against expenses of $86,070.
While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent reporting of zero officer compensation across all filings suggests a volunteer-driven leadership, which is a positive indicator for minimizing overhead. The organization's NTEE code N68 (Recreational & Sporting Camps) suggests a clear program focus. The absence of liabilities in recent years further enhances its financial stability and transparency. However, without detailed expense categories, a precise assessment of spending efficiency across programs, administration, and fundraising remains limited.