Quick charity verification for Region 10 Workford Board Inc (EIN: 204981068)
Verdict: Region 10 Workford Board Inc appears trustworthy
78/100Mission Score
$4.4MRevenue
$2.1MAssets
2Red Flags
4Strengths
Red Flags
Significant increase in liabilities relative to assets, from $146,611 in 202006 to $1,742,784 in 202306, warrants further investigation into their nature.
Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data makes a precise spending efficiency analysis difficult.
Strengths
Consistent financial operations with revenues closely matching expenses, indicating efficient use of funds (e.g., 202306: Revenue=$4,299,440, Expenses=$4,282,929).
Significant growth in assets over recent years, from $307,770 in 202006 to $1,965,399 in 202306, demonstrating increasing capacity.
No reported officer compensation across all filings, suggesting potentially low administrative overhead and a strong volunteer component.
Long and consistent IRS 990 filing history (13 filings), indicating good compliance and transparency.
Spending Breakdown
How Region 10 Workford Board 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 Region 10 Workford Board Inc
Is Region 10 Workford Board Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Region 10 Workford Board Inc (EIN: 204981068) appears trustworthy. Mission Score: 78/100. 2 red flags identified, 4 strengths noted.
Is Region 10 Workford Board Inc a good charity to donate to?
Region 10 Workford Board Inc has a Mission Score of 78/100. Revenue: $4.4M. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Region 10 Workford Board Inc?
The Employer Identification Number (EIN) for Region 10 Workford Board Inc is 204981068. 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 Region 10 Workford Board Inc spend its money?
Region 10 Workford Board Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Region 10 Workford Board Inc's tax-exempt status?
You can verify Region 10 Workford Board Inc's tax-exempt status using EIN 204981068 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
Region 10 Workford Board Inc demonstrates consistent financial activity, with revenues closely matching expenses across all reported periods. In the latest filing (202306), the organization reported revenues of $4,299,440 against expenses of $4,282,929, indicating a lean operational margin. The organization has shown significant growth in assets, from $307,770 in 202006 to $1,965,399 in 202306, which is a positive indicator of increasing financial capacity. However, liabilities have also increased substantially, from $146,611 to $1,742,784 over the same period, suggesting that asset growth may be financed by debt or other obligations.
The organization's spending efficiency appears to be strong, with expenses consistently close to revenues, implying that most incoming funds are directly utilized for operations. The absence of reported officer compensation across all filings suggests a volunteer-led or externally compensated leadership structure, which can contribute to lower administrative overhead. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The significant increase in liabilities relative to assets warrants further investigation to understand the nature of these obligations and their potential impact on long-term financial stability.
Transparency is generally good given the consistent filing history. However, the lack of reported officer compensation, while potentially a strength, could also be a point of inquiry if key management personnel are compensated through other entities or mechanisms not reflected in the 990's officer compensation section. A more detailed functional expense breakdown would enhance transparency regarding how funds are allocated across different activities.