Is R F Youth Boxing Inc Legit?

Quick charity verification for R F Youth Boxing Inc (EIN: 205488630)

Verdict: R F Youth Boxing Inc shows mixed signals

65/100Mission Score

$671KRevenue

$282KAssets

3Red Flags

3Strengths

Red Flags

Consistent deficits in multiple years (e.g., 2023, 2020, 2019, 2016, 2013) where expenses significantly exceeded revenue.
Liabilities ($140,857 in 2023) exceeding assets ($104,780) in the most recent filing, indicating potential solvency issues.
Significant fluctuations in revenue and assets year-over-year, suggesting unpredictable funding and financial planning.

Strengths

Zero reported officer compensation across all filings, indicating a highly efficient use of funds regarding executive pay.
Long filing history (12 filings) demonstrates consistent operation and compliance with IRS reporting requirements.
NTEE code N40 suggests a direct focus on community programs related to youth boxing, aligning with a clear mission.

Spending Breakdown

How R F Youth Boxing 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 R F Youth Boxing Inc

Is R F Youth Boxing Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, R F Youth Boxing Inc (EIN: 205488630) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is R F Youth Boxing Inc a good charity to donate to?

R F Youth Boxing Inc has a Mission Score of 65/100. Revenue: $671K. Assets: $282K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for R F Youth Boxing Inc?

The Employer Identification Number (EIN) for R F Youth Boxing Inc is 205488630. 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 R F Youth Boxing Inc spend its money?

R F Youth Boxing Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify R F Youth Boxing Inc's tax-exempt status?

You can verify R F Youth Boxing Inc's tax-exempt status using EIN 205488630 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

R F Youth Boxing Inc. demonstrates a fluctuating financial history, with recent years showing a trend of expenses exceeding revenue. For instance, in 2023, expenses were $245,433 against revenues of $148,468, resulting in a significant deficit. This pattern of spending more than it earns, as seen in 2023, 2020, 2019, 2016, and 2013, raises concerns about long-term financial sustainability if not addressed. The organization's assets have also varied considerably, from a low of $8,176 in 2020 to $205,737 in 2022, indicating inconsistent financial growth and stability. The absence of reported officer compensation across all filings suggests a volunteer-led or very lean administrative structure, which can be a positive indicator of efficiency and dedication to mission, but also potentially points to a lack of professional management capacity as the organization grows.

While the lack of officer compensation is a positive for transparency and efficiency, the consistent deficits in several years, particularly the substantial one in 2023, warrant closer examination. The organization's liabilities have also increased significantly in recent years, reaching $140,857 in 2023, which is a substantial portion of its $104,780 in assets for that period. This indicates a potential reliance on debt or deferred payments, which could strain future operations. The NTEE code N40 (Recreational, Sports, Leisure, Athletics) suggests a focus on direct program delivery, and the absence of officer compensation implies that most funds, when available, are likely directed towards these programs. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency beyond the top-line figures.

Overall, R F Youth Boxing Inc. appears to be a grassroots organization with a strong commitment to its mission, evidenced by zero officer compensation. However, its financial health is inconsistent, marked by periods of significant deficits and growing liabilities. While transparency regarding executive pay is excellent, the overall financial picture suggests a need for improved financial planning and fundraising strategies to ensure long-term viability and consistent program delivery. The organization's ability to manage its expenses relative to its revenue will be critical for its future.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.