Quick charity verification for Mt Cardigan Snowmobile Club (EIN: 20467029)
Verdict: Mt Cardigan Snowmobile Club appears trustworthy
95/100Mission Score
$37KRevenue
$97KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, increasing from $34,846 in 2021 to $72,229 in 2023.
Zero liabilities reported across all available filings, indicating strong financial stability.
0% officer compensation, demonstrating highly efficient use of funds.
Positive net income in most recent years (e.g., $6,703 in 2023 and $30,680 in 2022).
Excellent transparency with consistent IRS 990 filings.
Spending Breakdown
How Mt Cardigan Snowmobile Club 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 Mt Cardigan Snowmobile Club
Is Mt Cardigan Snowmobile Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Mt Cardigan Snowmobile Club (EIN: 20467029) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Mt Cardigan Snowmobile Club a good charity to donate to?
Mt Cardigan Snowmobile Club has a Mission Score of 95/100. Revenue: $37K. Assets: $97K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mt Cardigan Snowmobile Club?
The Employer Identification Number (EIN) for Mt Cardigan Snowmobile Club is 20467029. 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 Mt Cardigan Snowmobile Club spend its money?
Mt Cardigan Snowmobile Club allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mt Cardigan Snowmobile Club's tax-exempt status?
You can verify Mt Cardigan Snowmobile Club's tax-exempt status using EIN 20467029 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 Mt Cardigan Snowmobile Club demonstrates consistent financial health, operating with positive net income in most recent years. For example, in 2023, the organization reported revenue of $28,812 against expenses of $22,109, contributing to an increase in assets. The club's assets have shown a healthy growth trend, increasing from $34,846 in 2021 to $72,229 in 2023, indicating sound financial management and accumulation of resources. The organization consistently reports zero liabilities, which is a strong indicator of financial stability and low risk.
Spending efficiency appears high, as the organization consistently reports 0% officer compensation, suggesting that all operational funds are directed towards program activities and administrative needs without executive salary overhead. Given the nature of a snowmobile club, it's highly probable that the majority of expenses are directly related to trail maintenance, grooming, and club events, which are program-related. The absence of liabilities further reinforces efficient cash flow management.
Transparency is excellent, as evidenced by the consistent filing of IRS Form 990s over many years and the clear reporting of financial data. The organization's financial statements show no red flags regarding executive compensation or debt, making it a transparent and accountable entity. The consistent growth in assets and lack of liabilities reflect a well-managed and financially sound operation.