Is Sand Springs Park Friends Inc Legit? —…

Quick charity verification for Sand Springs Park Friends Inc (EIN: 205608116)

Strengths

Consistent reporting of 0% officer compensation, indicating a volunteer-driven model and efficient use of funds.
Maintains zero liabilities across all filing periods, demonstrating strong financial management and no debt burden.
Healthy asset base ($122,793) despite revenue volatility, providing a buffer for operations.
Focus on community parks (NTEE Code N32) suggests a clear mission.

Spending Breakdown

How Sand Springs Park Friends 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

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 Sand Springs Park Friends Inc

Is Sand Springs Park Friends Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Sand Springs Park Friends Inc (EIN: 205608116) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.

Is Sand Springs Park Friends Inc a good charity to donate to?

Sand Springs Park Friends Inc has a Mission Score of 80/100. Revenue: $49K. Assets: $123K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Sand Springs Park Friends Inc?

The Employer Identification Number (EIN) for Sand Springs Park Friends Inc is 205608116. 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 Sand Springs Park Friends Inc spend its money?

Sand Springs Park Friends Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Sand Springs Park Friends Inc's tax-exempt status?

You can verify Sand Springs Park Friends Inc's tax-exempt status using EIN 205608116 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

Sand Springs Park Friends Inc. demonstrates a mixed financial picture with significant fluctuations in revenue and expenses over the past decade. While the organization consistently reports zero liabilities and no officer compensation, indicating good financial hygiene and a volunteer-driven model, its financial stability appears volatile. For instance, revenue plummeted from $1,860,881 in 2017 to $39,469 in 2021, and expenses have also varied wildly, from $1,439 in 2015 to $2,061,773 in 2017. The latest filing (Period 202406) shows expenses ($13,309) exceeding revenue ($8,323), resulting in a deficit for the period, though overall assets remain at a healthy $116,232 with no liabilities. The lack of officer compensation is a strong positive for transparency and efficiency, suggesting resources are directed towards the mission rather than executive salaries.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of zero officer compensation suggests a lean operational structure. The significant swings in revenue and expenses could indicate reliance on large, infrequent grants or project-specific funding, which can make long-term financial planning challenging. The organization's consistent asset base, despite revenue volatility, suggests effective management of its resources over time.

Overall, Sand Springs Park Friends Inc. appears to be a transparent organization regarding executive compensation and liabilities. Its financial health, while not consistently robust in terms of annual revenue generation, is supported by a solid asset base and a commitment to avoiding debt. The primary area for improvement in transparency would be a more detailed public breakdown of how its expenses are allocated across programs, administration, and fundraising.

Is Sand Springs Park Friends Inc Legit?

Verdict: Sand Springs Park Friends Inc appears trustworthy

Red Flags