Quick charity verification for Rocking The Boat Inc (EIN: 134177814)
Verdict: Rocking The Boat Inc appears trustworthy
90/100Mission Score
$5.9MRevenue
$9.3MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed breakdown on administrative vs. program expenses in provided data
Unusually consistent 0% officer compensation across all filings may warrant further inquiry into how leadership is compensated or if it's volunteer-led.
Strengths
Consistent generation of significant financial surpluses (e.g., $4,983,860 revenue vs. $3,302,138 expenses in 202312).
Strong and consistent asset growth over the past decade, from $2,378,280 in 201412 to $8,360,307 in 202312.
No reported officer compensation across all 14 filings, indicating a high dedication to mission-focused spending.
Healthy financial reserves and manageable liabilities, suggesting low financial risk.
Steady revenue growth, demonstrating increasing support and operational capacity.
Spending Breakdown
How Rocking The Boat 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 Rocking The Boat Inc
Is Rocking The Boat Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rocking The Boat Inc (EIN: 134177814) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is Rocking The Boat Inc a good charity to donate to?
Rocking The Boat Inc has a Mission Score of 90/100. Revenue: $5.9M. Assets: $9.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rocking The Boat Inc?
The Employer Identification Number (EIN) for Rocking The Boat Inc is 134177814. 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 Rocking The Boat Inc spend its money?
Rocking The Boat Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rocking The Boat Inc's tax-exempt status?
You can verify Rocking The Boat Inc's tax-exempt status using EIN 134177814 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
Rocking The Boat Inc. demonstrates a strong financial trajectory, with its latest revenue reported at $5,914,841 and assets growing to $9,290,548. The organization has consistently maintained a healthy surplus, as evidenced by its 202312 filing where revenue of $4,983,860 significantly exceeded expenses of $3,302,138. This consistent surplus generation indicates sound financial management and the ability to build reserves for future programming. The organization's liabilities have remained manageable relative to its assets, with the latest reported liabilities at $677,961 against assets of $8,360,307 in 202312, suggesting a low financial risk profile. The absence of reported officer compensation across all available filings is a notable indicator of transparency and a commitment to directing funds towards its mission, though further details on overall administrative costs would provide a more complete picture of spending efficiency.