Quick charity verification for Motorcycle Racing Association Of Nevada (EIN: 201682623)
Verdict: Motorcycle Racing Association Of Nevada appears trustworthy
85/100Mission Score
$64KRevenue
$34KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent zero liabilities across all filings, indicating strong financial solvency.
Zero officer compensation reported, suggesting a volunteer-led model and high efficiency.
Stable asset base, with assets consistently exceeding liabilities.
Positive net income in the latest filing (201812), demonstrating sound financial management.
Consistent filing history, indicating good compliance and transparency.
Spending Breakdown
How Motorcycle Racing Association Of Nevada allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Motorcycle Racing Association Of Nevada
Is Motorcycle Racing Association Of Nevada a legitimate charity?
Based on AI analysis of IRS 990 filings, Motorcycle Racing Association Of Nevada (EIN: 201682623) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Motorcycle Racing Association Of Nevada a good charity to donate to?
Motorcycle Racing Association Of Nevada has a Mission Score of 85/100. Revenue: $64K. Assets: $34K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Motorcycle Racing Association Of Nevada?
The Employer Identification Number (EIN) for Motorcycle Racing Association Of Nevada is 201682623. 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 Motorcycle Racing Association Of Nevada spend its money?
Motorcycle Racing Association Of Nevada allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Motorcycle Racing Association Of Nevada's tax-exempt status?
You can verify Motorcycle Racing Association Of Nevada's tax-exempt status using EIN 201682623 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 Motorcycle Racing Association Of Nevada appears to be a small, volunteer-run organization with consistent, albeit modest, financial activity. Their latest filing (201812) shows revenue of $64,299 and expenses of $58,059, resulting in a positive net income for the period. Over the past eight years, their revenue has fluctuated between $33,841 and $64,299, indicating a stable operational scale. The organization consistently reports zero liabilities and zero officer compensation across all available filings, which speaks to a lean operational model and strong financial solvency.
Their financial health is generally stable, with assets consistently exceeding liabilities. The absence of officer compensation suggests that the organization is likely run by volunteers, which can be a positive indicator of program efficiency as administrative costs are kept low. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess spending efficiency, particularly the ratio of program spending to administrative and fundraising costs. The consistent reporting of zero liabilities is a significant strength, demonstrating sound financial management and a lack of debt.
Transparency is good in terms of basic financial reporting, with consistent filings showing revenue, expenses, assets, and liabilities. The lack of officer compensation is clearly stated. However, the absence of detailed expense breakdowns in the provided data limits a deeper analysis of how funds are allocated between programs, administration, and fundraising. For a small organization, this level of detail might not be as critical, but it's a common area for improvement in transparency for larger nonprofits.