Is Police Benevolent Association Charity Fund Inc Legit?
Quick charity verification for Police Benevolent Association Charity Fund Inc (EIN: 200740342)
Verdict: Police Benevolent Association Charity Fund Inc appears trustworthy
75/100Mission Score
$857KRevenue
$784KAssets
2Red Flags
3Strengths
Red Flags
Significant expense exceeding revenue in 2023 ($337,601 expenses vs. $134,541 revenue), indicating a substantial operating deficit.
Inconsistent revenue generation over the past decade, making long-term financial planning potentially challenging.
Strengths
Consistent 0% officer compensation across all filings, indicating volunteer executive leadership.
Maintains low to zero liabilities in most years, suggesting responsible financial management of debt.
Consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
Spending Breakdown
How Police Benevolent Association Charity Fund Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Police Benevolent Association Charity Fund Inc
Is Police Benevolent Association Charity Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Police Benevolent Association Charity Fund Inc (EIN: 200740342) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Police Benevolent Association Charity Fund Inc a good charity to donate to?
Police Benevolent Association Charity Fund Inc has a Mission Score of 75/100. Revenue: $857K. Assets: $784K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Police Benevolent Association Charity Fund Inc?
The Employer Identification Number (EIN) for Police Benevolent Association Charity Fund Inc is 200740342. 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 Police Benevolent Association Charity Fund Inc spend its money?
Police Benevolent Association Charity Fund Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Police Benevolent Association Charity Fund Inc's tax-exempt status?
You can verify Police Benevolent Association Charity Fund Inc's tax-exempt status using EIN 200740342 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 Police Benevolent Association Charity Fund Inc. exhibits inconsistent financial performance over the past decade. While the organization generally maintains a healthy asset base relative to its liabilities (often zero), its revenue and expense figures fluctuate significantly. For instance, in 2023, expenses ($337,601) significantly outstripped revenue ($134,541), leading to a substantial net loss, whereas in 2022, revenue ($99,830) comfortably exceeded expenses ($53,140). This volatility suggests potential challenges in consistent fundraising or program delivery.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available. A notable positive is the consistent reporting of 0% officer compensation across all available filings, indicating that executive leadership is not drawing salaries from the charity. However, without detailed breakdowns of program service expenses versus administrative and fundraising costs within the provided data, a precise assessment of spending efficiency is challenging. The significant expense in 2023, relative to revenue, warrants further investigation into how those funds were utilized.
Overall, the charity appears to be managed by volunteers at the executive level, which is a strong indicator of dedication to its mission. However, the financial instability in certain years, particularly the large deficit in 2023, raises questions about long-term sustainability and the effectiveness of its fundraising strategies. A deeper dive into the specific program activities and their associated costs would be necessary to fully evaluate its impact and efficiency.