Quick charity verification for Oneonta Boys Club Inc (EIN: 160921669)
Verdict: Oneonta Boys Club Inc appears trustworthy
92/100Mission Score
$5.6MRevenue
$31.3MAssets
2Red Flags
5Strengths
Red Flags
Unusually low reported liabilities relative to assets, which could indicate incomplete reporting or specific financial structures.
Zero reported officer compensation for an organization with over $30 million in assets, which is highly uncommon and warrants further investigation into how leadership is compensated or structured.
Strengths
Consistent and significant asset growth, indicating strong financial health and sustainability.
Zero reported officer compensation, suggesting a high dedication of resources to the mission.
Expenses consistently well below revenue, leading to healthy surpluses and asset accumulation.
Low liabilities across most periods, indicating sound financial management and minimal debt.
Consistent IRS 990 filing history, demonstrating transparency and compliance.
Spending Breakdown
How Oneonta Boys Club Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Oneonta Boys Club Inc
Is Oneonta Boys Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Oneonta Boys Club Inc (EIN: 160921669) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
Is Oneonta Boys Club Inc a good charity to donate to?
Oneonta Boys Club Inc has a Mission Score of 92/100. Revenue: $5.6M. Assets: $31.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Oneonta Boys Club Inc?
The Employer Identification Number (EIN) for Oneonta Boys Club Inc is 160921669. 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 Oneonta Boys Club Inc spend its money?
Oneonta Boys Club Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Oneonta Boys Club Inc's tax-exempt status?
You can verify Oneonta Boys Club Inc's tax-exempt status using EIN 160921669 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
Oneonta Boys Club Inc. demonstrates a strong financial position with substantial assets, growing from $19.2 million in 2015 to over $30.6 million in 2024. The organization consistently reports zero officer compensation, indicating a volunteer-led or very lean executive structure, which is a positive sign for donor confidence and resource allocation directly to programs. Revenue has shown significant fluctuations, with a notable spike to $11.7 million in 2021, likely due to a large one-time donation or grant, followed by more moderate but still substantial revenues in subsequent years. Expenses have remained relatively stable and significantly lower than revenue in most periods, leading to consistent asset growth.
The organization's spending efficiency appears high, especially given the zero reported officer compensation. With expenses consistently well below revenue, the organization is effectively building its endowment and capacity. The low liabilities across most years also point to sound financial management. While specific program spending details are not provided in the summary data, the overall financial health and lack of executive compensation suggest a strong commitment to mission and efficient use of resources. The consistent growth in assets further solidifies its long-term sustainability.
Transparency is high regarding executive compensation, as it consistently reports 0%. The consistent filing of IRS Form 990s over 14 periods also indicates a commitment to regulatory compliance and public disclosure. The significant asset base relative to annual expenses suggests a well-endowed organization capable of sustaining its operations for the foreseeable future.