Quick charity verification for Mystic Athletic Club (EIN: 203293439)
Verdict: Mystic Athletic Club appears trustworthy
92/100Mission Score
$144KRevenue
$147KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero officer compensation across all filings, maximizing funds for programs.
Consistent growth in assets, reaching $147,353 in the latest period.
Very low or zero liabilities in recent years ($0 in 2023 and 2022), indicating strong financial management.
Positive net income in most recent periods (e.g., $127,869 revenue vs. $104,724 expenses in 2023).
Overall upward trend in revenue from $110,640 in 2018 to $144,072 in the latest filing.
Spending Breakdown
How Mystic Athletic Club 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 Mystic Athletic Club
Is Mystic Athletic Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Mystic Athletic Club (EIN: 203293439) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Mystic Athletic Club a good charity to donate to?
Mystic Athletic Club has a Mission Score of 92/100. Revenue: $144K. Assets: $147K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mystic Athletic Club?
The Employer Identification Number (EIN) for Mystic Athletic Club is 203293439. 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 Mystic Athletic Club spend its money?
Mystic Athletic Club allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mystic Athletic Club's tax-exempt status?
You can verify Mystic Athletic Club's tax-exempt status using EIN 203293439 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
Mystic Athletic Club demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. The organization has shown growth in revenue, reaching $144,072 in its latest filing, and has maintained a positive net income in most recent periods, such as in 2023 where revenue was $127,869 against expenses of $104,724. A notable strength is the complete absence of reported officer compensation across all six filings, indicating a volunteer-driven leadership structure which maximizes funds available for programs. The organization's liabilities have also remained very low or zero in most recent years, suggesting sound financial management and minimal debt burden.
While specific program spending percentages are not detailed in the provided data, the consistent positive net assets and zero officer compensation strongly imply that a significant portion of funds is directed towards its athletic programs. The organization's NTEE code B12 (Youth Sports) further supports a program-focused mission. The lack of reported liabilities in recent years (e.g., $0 in 2023 and 2022) enhances its financial transparency and reduces potential financial risks.
Overall, Mystic Athletic Club appears to be a financially healthy and efficiently run organization, particularly given its volunteer leadership. Its consistent revenue generation and prudent management of liabilities contribute to a positive financial outlook, allowing it to focus resources on its mission.