Is Nicholasville Firefighters Toydrive…

Quick charity verification for Nicholasville Firefighters Toydrive (EIN: 205698196)

Strengths

100% of officer compensation is $0 across all filings, demonstrating exceptional dedication to mission.
Consistently reports $0 in liabilities, indicating strong financial health and no debt.
High program spending ratio, with virtually all expenses directed towards charitable activities.
Long operational history (13 filings) suggests sustained community impact and organizational stability.
Lean administrative structure, maximizing funds for direct program delivery.

Spending Breakdown

How Nicholasville Firefighters Toydrive allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Nicholasville Firefighters Toydrive

Is Nicholasville Firefighters Toydrive a legitimate charity?

Based on AI analysis of IRS 990 filings, Nicholasville Firefighters Toydrive (EIN: 205698196) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is Nicholasville Firefighters Toydrive a good charity to donate to?

Nicholasville Firefighters Toydrive has a Mission Score of 92/100. Revenue: $62K. Assets: $21K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Nicholasville Firefighters Toydrive?

The Employer Identification Number (EIN) for Nicholasville Firefighters Toydrive is 205698196. 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 Nicholasville Firefighters Toydrive spend its money?

Nicholasville Firefighters Toydrive allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Nicholasville Firefighters Toydrive's tax-exempt status?

You can verify Nicholasville Firefighters Toydrive's tax-exempt status using EIN 205698196 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

Nicholasville Firefighters Toydrive demonstrates a consistent commitment to its mission, as evidenced by its program-focused spending. While the organization's revenue and expenses fluctuate year-to-year, it generally operates with a lean administrative structure. For instance, in 2023, with revenues of $53,490 and expenses of $63,351, the organization maintained zero officer compensation, indicating that resources are directed towards its charitable activities. The organization's assets have varied, from a high of $31,227 in 2021 to $9,716 in 2023, suggesting a reliance on annual fundraising rather than significant reserves.

The financial health appears stable for its size, though the organization has experienced deficits in several years, such as in 2023 where expenses exceeded revenue by nearly $10,000. However, these deficits are not substantial enough to threaten its ongoing operations given its relatively small scale. The consistent reporting of zero liabilities across all available filings is a strong indicator of sound financial management and a lack of debt, which is a positive sign for its long-term viability. The absence of officer compensation further enhances its transparency and efficiency profile.

Overall, Nicholasville Firefighters Toydrive appears to be a well-managed, community-focused organization. Its financial practices, particularly the lack of executive compensation and liabilities, suggest a high degree of fiscal responsibility. While its asset base is modest and fluctuates, its consistent operation over many years indicates a sustainable model for its specific charitable purpose.

Is Nicholasville Firefighters Toydrive Legit?

Verdict: Nicholasville Firefighters Toydrive appears trustworthy

Red Flags