Quick charity verification for Seven Lakes Snowmobile Club (EIN: 10945262)
Verdict: Seven Lakes Snowmobile Club appears trustworthy
92/100Mission Score
$70KRevenue
$413KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong and growing asset base, reaching $412,769 in 202406.
Zero reported liabilities in recent filings, indicating excellent financial stability.
0% officer compensation, suggesting a highly volunteer-driven and efficient operation.
Consistent positive net income in recent years, contributing to asset growth.
Regular IRS 990 filings, demonstrating good transparency.
Spending Breakdown
How Seven Lakes Snowmobile Club 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 Seven Lakes Snowmobile Club
Is Seven Lakes Snowmobile Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Seven Lakes Snowmobile Club (EIN: 10945262) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Seven Lakes Snowmobile Club a good charity to donate to?
Seven Lakes Snowmobile Club has a Mission Score of 92/100. Revenue: $70K. Assets: $413K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Seven Lakes Snowmobile Club?
The Employer Identification Number (EIN) for Seven Lakes Snowmobile Club is 10945262. 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 Seven Lakes Snowmobile Club spend its money?
Seven Lakes Snowmobile Club allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Seven Lakes Snowmobile Club's tax-exempt status?
You can verify Seven Lakes Snowmobile Club's tax-exempt status using EIN 10945262 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 Seven Lakes Snowmobile Club demonstrates consistent financial health with a growing asset base and no reported liabilities across its recent filings. The organization's revenue has fluctuated but generally trended upwards, reaching $66,414 in the 202406 period. Spending efficiency appears strong, with expenses significantly lower than revenue in most recent periods, indicating a healthy surplus. For instance, in 202306, expenses were $37,013 against $70,535 in revenue. The club's transparency is excellent, particularly given the 0% officer compensation reported in all available filings, suggesting a volunteer-driven leadership model. The consistent filing of IRS Form 990 further enhances its transparency, providing a clear financial record for public scrutiny.