Quick charity verification for Rays Baseball Foundation Inc (EIN: 204103240)
Verdict: Rays Baseball Foundation Inc appears trustworthy
90/100Mission Score
$4.2MRevenue
$2.8MAssets
1Red Flags
4Strengths
Red Flags
Expenses slightly exceeded revenue in 2023 ($3,171,537 vs $3,156,321), though this is a minor difference.
Strengths
No officer compensation reported across all filings, indicating high efficiency in executive pay.
Significant revenue growth in recent years, from $1.3M in 2021 to $3.1M in 2023.
Consistent multi-million dollar asset base, demonstrating financial stability (e.g., $2,837,065 in 2023).
Expenses generally align with revenue, suggesting active program spending.
Spending Breakdown
How Rays Baseball Foundation 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 Rays Baseball Foundation Inc
Is Rays Baseball Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rays Baseball Foundation Inc (EIN: 204103240) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Rays Baseball Foundation Inc a good charity to donate to?
Rays Baseball Foundation Inc has a Mission Score of 90/100. Revenue: $4.2M. Assets: $2.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rays Baseball Foundation Inc?
The Employer Identification Number (EIN) for Rays Baseball Foundation Inc is 204103240. 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 Rays Baseball Foundation Inc spend its money?
Rays Baseball Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rays Baseball Foundation Inc's tax-exempt status?
You can verify Rays Baseball Foundation Inc's tax-exempt status using EIN 204103240 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 Rays Baseball Foundation Inc. demonstrates a generally stable financial position, with assets consistently in the multi-million dollar range, peaking at over $4 million in 2019. Revenue has shown significant growth in recent years, jumping from $1.3 million in 2021 to over $3.1 million in 2023. While expenses have also increased, they have largely remained in line with or slightly above revenue, indicating active program spending. For instance, in 2023, expenses of $3,171,537 slightly exceeded revenue of $3,156,321, suggesting a commitment to utilizing funds for its mission.
The organization's spending efficiency appears reasonable, with no reported officer compensation across all available filings, which is a strong indicator of resources being directed towards programs rather than executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent reporting of liabilities, though generally low relative to assets, suggests standard operational financial management. The absence of officer compensation also points to a high degree of transparency regarding executive pay.
Overall, the foundation appears to be a financially sound organization with a growing capacity to generate revenue and deploy funds. The lack of officer compensation is a significant positive for donor confidence, implying that contributions are directly supporting the foundation's charitable activities. Further detailed expense breakdowns would enhance the transparency report.