Is North Platte Community College Foundation Legit?
Quick charity verification for North Platte Community College Foundation (EIN: 202459157)
Verdict: North Platte Community College Foundation appears trustworthy
90/100Mission Score
$1.7MRevenue
$4.1MAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeding revenue in some periods (e.g., 202306, 201806), potentially indicating reliance on asset drawdowns or prior year surpluses.
Strengths
Consistent 0% officer compensation, indicating high efficiency in directing funds to mission.
Strong and growing asset base, reaching over $4.5 million in 202306.
Minimal to no liabilities reported in most years, demonstrating sound financial management.
Significant revenue generation, with a peak of over $2 million in 202106.
Spending Breakdown
How North Platte Community College Foundation 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 North Platte Community College Foundation
Is North Platte Community College Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, North Platte Community College Foundation (EIN: 202459157) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is North Platte Community College Foundation a good charity to donate to?
North Platte Community College Foundation has a Mission Score of 90/100. Revenue: $1.7M. Assets: $4.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for North Platte Community College Foundation?
The Employer Identification Number (EIN) for North Platte Community College Foundation is 202459157. 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 North Platte Community College Foundation spend its money?
North Platte Community College Foundation allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify North Platte Community College Foundation's tax-exempt status?
You can verify North Platte Community College Foundation's tax-exempt status using EIN 202459157 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 North Platte Community College Foundation demonstrates a generally stable financial position, with assets consistently above $2 million and reaching $4.5 million in the most recent filing (202306). Revenue has fluctuated significantly, from a low of $292,378 in 201406 to a high of $2,073,553 in 202106, indicating reliance on varying fundraising cycles or large individual contributions. The organization consistently reports 0% officer compensation, which is a strong indicator of efficient use of funds for its mission rather than executive salaries. However, the expense-to-revenue ratio varies, with some years showing expenses exceeding revenue (e.g., 202306: Revenue $724,463, Expenses $928,342), suggesting that the foundation may draw on its asset base or rely on prior year surpluses to cover operational costs in certain periods. The absence of liabilities in most years also points to sound financial management.