Revenue in 2023 ($110,593) was significantly lower than previous years, and expenses ($150,919) exceeded revenue, resulting in a deficit for the year.
Strengths
Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Zero liabilities reported across all recent filings, demonstrating strong financial health and low risk.
Healthy and growing asset base, increasing from $147,646 in 2019 to $298,856 in 2023.
Consistent filing history, indicating transparency and compliance with IRS regulations.
Spending Breakdown
How Patriot Guard Riders Inc 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 Patriot Guard Riders Inc
Is Patriot Guard Riders Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Patriot Guard Riders Inc (EIN: 204346624) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Patriot Guard Riders Inc a good charity to donate to?
Patriot Guard Riders Inc has a Mission Score of 90/100. Revenue: $192K. Assets: $328K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Patriot Guard Riders Inc?
The Employer Identification Number (EIN) for Patriot Guard Riders Inc is 204346624. 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 Patriot Guard Riders Inc spend its money?
Patriot Guard Riders Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Patriot Guard Riders Inc's tax-exempt status?
You can verify Patriot Guard Riders Inc's tax-exempt status using EIN 204346624 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
Patriot Guard Riders Inc demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. Over the past five years, assets have grown from $147,646 in 2019 to $298,856 in 2023, indicating sound financial management and accumulation of resources. The organization consistently reports zero liabilities, which is a strong indicator of financial health and low risk. While revenue has fluctuated, ranging from $110,593 in 2023 to $214,711 in 2020, the organization has generally managed its expenses well, often operating with a surplus, though 2023 saw expenses ($150,919) exceed revenue ($110,593).
The organization's spending efficiency appears strong, particularly given its consistent reporting of 0% officer compensation, suggesting that all funds are directed towards its mission and operational costs rather than executive salaries. This commitment to volunteer leadership is a significant positive for donor confidence. The absence of liabilities further reinforces efficient financial practices. The organization's transparency is high, with a consistent filing history and clear financial statements showing no debt.