Is Newark Sport And Event Commission Legit?

Quick charity verification for Newark Sport And Event Commission (EIN: 203793039)

Verdict: Newark Sport And Event Commission appears trustworthy

92/100Mission Score
$845KRevenue
$1.5MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Newark Sport And Event Commission allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
5%
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 Newark Sport And Event Commission

Is Newark Sport And Event Commission a legitimate charity?

Based on AI analysis of IRS 990 filings, Newark Sport And Event Commission (EIN: 203793039) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Newark Sport And Event Commission a good charity to donate to?

Newark Sport And Event Commission has a Mission Score of 92/100. Revenue: $845K. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Newark Sport And Event Commission?

The Employer Identification Number (EIN) for Newark Sport And Event Commission is 203793039. 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 Newark Sport And Event Commission spend its money?

Newark Sport And Event Commission allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Newark Sport And Event Commission's tax-exempt status?

You can verify Newark Sport And Event Commission's tax-exempt status using EIN 203793039 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 Newark Sport And Event Commission demonstrates a generally healthy financial position with consistent revenue growth in recent years, culminating in $1,368,124 in revenue for the 2023 fiscal period. The organization maintains a strong asset base, reaching $1,660,506 in 2023, significantly exceeding its liabilities of $89,220, indicating good financial stability. Their spending efficiency appears robust, with expenses consistently below revenue in most recent periods, allowing for asset accumulation. For instance, in 2023, expenses were $844,417 against $1,368,124 in revenue, resulting in a substantial surplus. Transparency is a notable strength, as the organization consistently reports 0% officer compensation across all available filings. This suggests that executive leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive indicator for donor confidence. The consistent filing of IRS Form 990s over 13 periods further underscores their commitment to public accountability and transparency. The NTEE code A90 (Sports, Recreation, Athletics, Camps) aligns with their name, suggesting a clear mission focus.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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