Is Paradise Lake Association Inc Legit? —…

Quick charity verification for Paradise Lake Association Inc (EIN: 113700914)

Spending Breakdown

How Paradise Lake Association Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 Paradise Lake Association Inc

Is Paradise Lake Association Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Paradise Lake Association Inc (EIN: 113700914) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.

Is Paradise Lake Association Inc a good charity to donate to?

Paradise Lake Association Inc has a Mission Score of 85/100. Revenue: $199K. Assets: $186K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Paradise Lake Association Inc?

The Employer Identification Number (EIN) for Paradise Lake Association Inc is 113700914. 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 Paradise Lake Association Inc spend its money?

Paradise Lake Association Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Paradise Lake Association Inc's tax-exempt status?

You can verify Paradise Lake Association Inc's tax-exempt status using EIN 113700914 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

Paradise Lake Association Inc demonstrates consistent financial health with a positive trend in revenue growth, increasing from $77,373 in 2011 to $198,888 in the latest period. The organization has maintained a strong asset base, growing from $54,030 to $185,951, with no reported liabilities in the available filings, indicating sound financial management and solvency. The absence of reported officer compensation in the provided filings suggests a volunteer-driven leadership or that compensation falls below reporting thresholds, which can be a positive indicator for donor confidence regarding administrative efficiency.

While specific program spending percentages are not detailed in the provided summary, the overall financial picture suggests a stable and growing organization. The consistent increase in revenue and assets, coupled with zero liabilities, points to effective resource management. To fully assess spending efficiency, a detailed breakdown of expenses (program, administrative, fundraising) from the latest filing would be necessary, but the historical data shows expenses closely tracking revenue, suggesting a focus on utilizing funds for operations.

The organization's transparency is good given the available data, with consistent filings and no apparent financial irregularities like high liabilities or excessive officer compensation. The growth in assets without corresponding liabilities is a strong positive. Further transparency could be enhanced by publicly detailing the allocation of expenses across program, administrative, and fundraising categories.

Is Paradise Lake Association Inc Legit?

Verdict: Paradise Lake Association Inc appears trustworthy

Strengths