Quick charity verification for Pleasant Bay Community Boating Inc (EIN: 200274168)
Verdict: Pleasant Bay Community Boating Inc appears trustworthy
92/100Mission Score
$1.1MRevenue
$4.4MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $3.37M in 2014 to $4.65M in 2023.
Zero reported officer compensation across all filings, indicating high efficiency.
Strong transparency with 13 consistent IRS 990 filings.
Positive net asset position maintained over the decade.
Revenue consistently exceeding $900,000 in recent years (2021-2023 average).
Spending Breakdown
How Pleasant Bay Community Boating 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 Pleasant Bay Community Boating Inc
Is Pleasant Bay Community Boating Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pleasant Bay Community Boating Inc (EIN: 200274168) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Pleasant Bay Community Boating Inc a good charity to donate to?
Pleasant Bay Community Boating Inc has a Mission Score of 92/100. Revenue: $1.1M. Assets: $4.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Pleasant Bay Community Boating Inc?
The Employer Identification Number (EIN) for Pleasant Bay Community Boating Inc is 200274168. 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 Pleasant Bay Community Boating Inc spend its money?
Pleasant Bay Community Boating Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Pleasant Bay Community Boating Inc's tax-exempt status?
You can verify Pleasant Bay Community Boating Inc's tax-exempt status using EIN 200274168 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
Pleasant Bay Community Boating Inc demonstrates a generally stable financial position with consistent revenue streams, averaging over $900,000 annually in recent years. The organization has shown a healthy growth in assets, increasing from $3.37 million in 2014 to $4.65 million in 2023, indicating effective asset management and potentially successful fundraising for capital improvements or endowments. While expenses have generally increased in line with revenue growth, the organization has maintained a positive net asset position. The absence of reported officer compensation across all filings suggests a volunteer-led executive structure, which is a strong indicator of financial efficiency and a commitment to directing resources towards its mission rather than administrative overhead.
The organization's spending efficiency appears strong, particularly given the zero reported officer compensation. This suggests a lean operational model where a significant portion of funds can be allocated to program services. The consistent growth in assets, even during periods where expenses slightly exceeded revenue (e.g., 2023 and 2022), indicates a robust financial strategy, possibly including investment income or prior year surpluses. The transparency is high due to the consistent filing of IRS Form 990s and the clear disclosure of financial metrics, including the lack of executive compensation.
Overall, Pleasant Bay Community Boating Inc appears to be a financially healthy and efficiently run organization. Its consistent asset growth, combined with a volunteer executive leadership, points to a strong commitment to its mission and responsible stewardship of donor funds. The slight fluctuations in annual revenue and expenses are typical for nonprofits and do not indicate significant financial distress, especially given the overall positive trend in net assets.