Quick charity verification for North Shore Ice Arena Llc (EIN: 208396527)
Verdict: North Shore Ice Arena Llc shows mixed signals
65/100Mission Score
$2.7MRevenue
$19.2MAssets
3Red Flags
2Strengths
Red Flags
Consistent operating deficits, with expenses exceeding revenue in multiple periods (e.g., 202306: $2,205,102 expenses vs. $2,003,688 revenue).
Significant increase in liabilities from $8,619,228 in 202206 to $22,363,676 in 202306, indicating substantial debt.
0% officer compensation reported across all filings, which is atypical for an organization of this size and could obscure true administrative costs.
Strengths
Significant asset growth from $6,117,286 in 202206 to $19,659,822 in 202306, potentially indicating successful capital investment or fundraising.
Long filing history (11 filings), suggesting consistent operation and compliance with IRS reporting requirements.
Spending Breakdown
How North Shore Ice Arena Llc 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 North Shore Ice Arena Llc
Is North Shore Ice Arena Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, North Shore Ice Arena Llc (EIN: 208396527) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is North Shore Ice Arena Llc a good charity to donate to?
North Shore Ice Arena Llc has a Mission Score of 65/100. Revenue: $2.7M. Assets: $19.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for North Shore Ice Arena Llc?
The Employer Identification Number (EIN) for North Shore Ice Arena Llc is 208396527. 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 Shore Ice Arena Llc spend its money?
North Shore Ice Arena Llc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify North Shore Ice Arena Llc's tax-exempt status?
You can verify North Shore Ice Arena Llc's tax-exempt status using EIN 208396527 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
North Shore Ice Arena Llc consistently operates with expenses exceeding revenue, as seen in the 202306 period where expenses were $2,205,102 against revenues of $2,003,688. This trend of deficit spending is evident across multiple years, indicating a reliance on other funding sources or a draw-down on assets, though assets have significantly increased from $6,117,286 in 202206 to $19,659,822 in 202306. The organization's liabilities have also seen a substantial increase, from $8,619,228 in 202206 to $22,363,676 in 202306, suggesting significant debt or capital investments. The consistent reporting of 0% officer compensation across all filings indicates a potential lack of paid executive leadership or that compensation is reported under different categories, which could impact the assessment of administrative efficiency if not further clarified. The NTEE code N40 suggests a focus on recreational sports, which aligns with an ice arena, but without program expense breakdowns, it's difficult to fully assess spending efficiency.