Is National Drovers Hall Of Fame Association Legit?
Quick charity verification for National Drovers Hall Of Fame Association (EIN: 200073060)
Verdict: National Drovers Hall Of Fame Association shows mixed signals
65/100Mission Score
$4KRevenue
$143KAssets
3Red Flags
3Strengths
Red Flags
Highly volatile revenue and asset base, making financial planning unpredictable.
Consistent operating deficits in most years, requiring reliance on past reserves or asset liquidation.
Significant unexplained drop in assets from $574,603 in 2019 to $27,749 in 2020.
Strengths
Consistently reports zero liabilities, indicating sound debt management.
Zero officer compensation reported, suggesting a volunteer-driven leadership and low executive overhead.
Maintains a positive asset balance, even with fluctuations, providing some financial cushion.
Spending Breakdown
How National Drovers Hall Of Fame Association allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 National Drovers Hall Of Fame Association
Is National Drovers Hall Of Fame Association a legitimate charity?
Based on AI analysis of IRS 990 filings, National Drovers Hall Of Fame Association (EIN: 200073060) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is National Drovers Hall Of Fame Association a good charity to donate to?
National Drovers Hall Of Fame Association has a Mission Score of 65/100. Revenue: $4K. Assets: $143K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for National Drovers Hall Of Fame Association?
The Employer Identification Number (EIN) for National Drovers Hall Of Fame Association is 200073060. 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 National Drovers Hall Of Fame Association spend its money?
National Drovers Hall Of Fame Association allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify National Drovers Hall Of Fame Association's tax-exempt status?
You can verify National Drovers Hall Of Fame Association's tax-exempt status using EIN 200073060 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 National Drovers Hall Of Fame Association exhibits inconsistent financial performance over the past decade. While the organization consistently reports zero liabilities and zero officer compensation, indicating good financial hygiene and transparency regarding executive pay, its revenue and asset figures fluctuate significantly. For instance, assets peaked at $658,629 in 2015 but dropped to $27,749 in 2020 before recovering to $134,434 in 2023. Revenue also saw a high of $81,921 in 2021, contrasting sharply with $8,591 in 2023 and $4,386 in the latest period. This volatility suggests potential reliance on sporadic large donations or project-based funding, which can make long-term financial planning challenging.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the organization frequently operates at a deficit, with expenses exceeding revenue in most years (e.g., $12,472 expenses vs. $8,591 revenue in 2023; $124,502 expenses vs. $81,921 revenue in 2021). This consistent deficit spending, while not necessarily unsustainable given the asset base, warrants closer examination to understand how these deficits are covered and if they impact program delivery. The lack of officer compensation is a positive sign for donor confidence regarding overhead related to executive salaries.