Quick charity verification for Northwood Lake Watershed Assn (EIN: 20465758)
Verdict: Northwood Lake Watershed Assn appears trustworthy
92/100Mission Score
$32KRevenue
$183KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong financial health with growing assets ($177,882 in 2023).
No reported liabilities ($0 in both 2023 and 2021).
No executive compensation reported, indicating efficient use of funds.
Consistent revenue generation and positive net income.
Likely high program spending given the absence of officer compensation and mission focus.
Spending Breakdown
How Northwood Lake Watershed Assn allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Northwood Lake Watershed Assn
Is Northwood Lake Watershed Assn a legitimate charity?
Based on AI analysis of IRS 990 filings, Northwood Lake Watershed Assn (EIN: 20465758) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Northwood Lake Watershed Assn a good charity to donate to?
Northwood Lake Watershed Assn has a Mission Score of 92/100. Revenue: $32K. Assets: $183K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Northwood Lake Watershed Assn?
The Employer Identification Number (EIN) for Northwood Lake Watershed Assn is 20465758. 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 Northwood Lake Watershed Assn spend its money?
Northwood Lake Watershed Assn allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Northwood Lake Watershed Assn's tax-exempt status?
You can verify Northwood Lake Watershed Assn's tax-exempt status using EIN 20465758 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 Northwood Lake Watershed Assn demonstrates sound financial health with consistent revenue generation and a strong asset base. In 2023, the organization reported revenue of $74,307 against expenses of $45,766, resulting in a surplus that contributed to an increase in assets to $177,882. This positive trend is also visible when comparing to 2021, where revenue was $66,643 and assets were $111,973. The organization's liabilities have consistently been reported as $0, indicating excellent financial stability and no reliance on debt.
Spending efficiency appears to be high, with a significant portion of expenses likely directed towards program services, given the nature of a watershed association and the absence of officer compensation. The lack of reported officer compensation in both 2023 and 2021 filings suggests a volunteer-driven leadership structure, which is a strong indicator of efficient use of funds and dedication to the mission. This also contributes positively to transparency, as all funds appear to be directly applied to operational and programmatic costs rather than executive salaries.
Overall, the Northwood Lake Watershed Assn exhibits strong financial management, a healthy balance sheet, and a commitment to its mission, as evidenced by its financial filings. The consistent growth in assets and the absence of liabilities or paid executive compensation are key indicators of a well-managed and transparent nonprofit.