Is Morris County Track Coaches Association…

Quick charity verification for Morris County Track Coaches Association Inc (EIN: 203434991)

Spending Breakdown

How Morris County Track Coaches Association 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

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 Morris County Track Coaches Association Inc

Is Morris County Track Coaches Association Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Morris County Track Coaches Association Inc (EIN: 203434991) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Morris County Track Coaches Association Inc a good charity to donate to?

Morris County Track Coaches Association Inc has a Mission Score of 75/100. Revenue: $173K. Assets: $31K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Morris County Track Coaches Association Inc?

The Employer Identification Number (EIN) for Morris County Track Coaches Association Inc is 203434991. 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 Morris County Track Coaches Association Inc spend its money?

Morris County Track Coaches Association Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Morris County Track Coaches Association Inc's tax-exempt status?

You can verify Morris County Track Coaches Association Inc's tax-exempt status using EIN 203434991 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 Morris County Track Coaches Association Inc demonstrates consistent operational activity with annual revenues generally ranging between $140,000 and $190,000 over the past decade. The organization's financial health appears stable, though its asset base has significantly decreased from a high of $119,094 in 2013 to $31,149 currently, and $28,168 in 2023. This decline in assets warrants further investigation to understand the underlying reasons, as it suggests a reduction in financial reserves. The organization consistently reports $0 in liabilities, indicating a healthy balance sheet free of debt.

Spending efficiency is difficult to fully assess without a detailed breakdown of expenses beyond total expenses. However, the organization's expenses often closely match or slightly exceed its revenues, as seen in 2023 where expenses were $166,801 against revenues of $161,181, and in 2019 where expenses were $214,282 against revenues of $190,335. This suggests that the organization operates on a tight margin, spending most of what it brings in. The consistent reporting of 0% officer compensation is a positive indicator for donor confidence, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation.

Transparency is generally good given the consistent filing of IRS Form 990s. The absence of officer compensation is a strong point for transparency. However, without more granular expense data, it's challenging to fully evaluate the allocation of funds between program services, administrative costs, and fundraising. The significant reduction in assets over time is a key area that would benefit from greater transparency and explanation to stakeholders.

Is Morris County Track Coaches Association Inc Legit?

Verdict: Morris County Track Coaches Association Inc appears trustworthy

Red Flags

Strengths