Is Seminole Region Charity Golf Tournament Incorporated Legit?
Quick charity verification for Seminole Region Charity Golf Tournament Incorporated (EIN: 204993916)
Verdict: Seminole Region Charity Golf Tournament Incorporated appears trustworthy
90/100Mission Score
$616KRevenue
$739KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero officer compensation, maximizing funds for programs.
Consistent reporting of zero liabilities, indicating strong financial health.
Assets have shown growth over time, reaching $268,961 in 202312.
High program spending ratio, with expenses often close to or exceeding revenue.
Transparent financial reporting with 13 filings available.
Spending Breakdown
How Seminole Region Charity Golf Tournament Incorporated allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
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 Seminole Region Charity Golf Tournament Incorporated
Is Seminole Region Charity Golf Tournament Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Seminole Region Charity Golf Tournament Incorporated (EIN: 204993916) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Seminole Region Charity Golf Tournament Incorporated a good charity to donate to?
Seminole Region Charity Golf Tournament Incorporated has a Mission Score of 90/100. Revenue: $616K. Assets: $739K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Seminole Region Charity Golf Tournament Incorporated?
The Employer Identification Number (EIN) for Seminole Region Charity Golf Tournament Incorporated is 204993916. 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 Seminole Region Charity Golf Tournament Incorporated spend its money?
Seminole Region Charity Golf Tournament Incorporated allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Seminole Region Charity Golf Tournament Incorporated's tax-exempt status?
You can verify Seminole Region Charity Golf Tournament Incorporated's tax-exempt status using EIN 204993916 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
Seminole Region Charity Golf Tournament Incorporated demonstrates a consistent commitment to its mission, as evidenced by its program spending. In the 202312 period, the organization spent $218,269 against revenues of $213,383, indicating that nearly all funds are directly utilized or distributed. The organization's assets have shown growth over time, reaching $268,961 in 202312, with no reported liabilities, which is a strong indicator of financial stability and responsible management. The absence of officer compensation further enhances its transparency and dedication to maximizing funds for charitable purposes.
While the organization's revenue and expense figures fluctuate year-to-year, reflecting the nature of event-based fundraising, the overall trend shows effective deployment of resources. For instance, in 202112, expenses were remarkably low at $2,288 against $145,381 in revenue, suggesting a period of significant asset accumulation or delayed program distribution. The consistent reporting of zero liabilities across all available filings underscores a healthy balance sheet and prudent financial practices. The organization's focus on its core activities, without significant overhead for executive salaries, positions it as an efficient conduit for charitable giving.
Overall, Seminole Region Charity Golf Tournament Incorporated appears to be a financially sound and transparent organization. Its consistent lack of liabilities, zero officer compensation, and general trend of expending funds close to or exceeding revenue (in some years) suggests a strong commitment to its charitable purpose. The organization's financial health is robust, with assets growing and no debt, which is a positive sign for donors.