Is Sioux Falls Cygnets Synchronized Swim Team Inc Legit?
Quick charity verification for Sioux Falls Cygnets Synchronized Swim Team Inc (EIN: 203037699)
Verdict: Sioux Falls Cygnets Synchronized Swim Team Inc appears trustworthy
75/100Mission Score
$0Revenue
$0Assets
2Red Flags
3Strengths
Red Flags
Zero reported revenue and assets in the latest filing, potentially indicating inactivity or significant operational changes.
Lack of detailed expense breakdown in provided data makes granular financial analysis difficult.
Strengths
Consistent reporting of 0% officer compensation, indicating a volunteer-driven model and high transparency regarding executive pay.
Historically maintained modest revenues and expenses, suggesting a stable, albeit small, operational history prior to the latest filing.
Low overhead implied by the absence of paid executive staff.
Spending Breakdown
How Sioux Falls Cygnets Synchronized Swim Team 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 Sioux Falls Cygnets Synchronized Swim Team Inc
Is Sioux Falls Cygnets Synchronized Swim Team Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sioux Falls Cygnets Synchronized Swim Team Inc (EIN: 203037699) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Sioux Falls Cygnets Synchronized Swim Team Inc a good charity to donate to?
Sioux Falls Cygnets Synchronized Swim Team Inc has a Mission Score of 75/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sioux Falls Cygnets Synchronized Swim Team Inc?
The Employer Identification Number (EIN) for Sioux Falls Cygnets Synchronized Swim Team Inc is 203037699. 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 Sioux Falls Cygnets Synchronized Swim Team Inc spend its money?
Sioux Falls Cygnets Synchronized Swim Team Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sioux Falls Cygnets Synchronized Swim Team Inc's tax-exempt status?
You can verify Sioux Falls Cygnets Synchronized Swim Team Inc's tax-exempt status using EIN 203037699 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 Sioux Falls Cygnets Synchronized Swim Team Inc. appears to be a small, volunteer-run organization based on its financial filings. With zero reported revenue and assets in its latest filing, and no officer compensation across all three available filings, it suggests a very lean operational model, possibly indicating a pause in activities or a shift to an entirely volunteer-funded and operated structure without formal financial transactions in the most recent period. Historically, the organization has maintained modest revenues and expenses, with revenues ranging from $24,441 to $33,122 and expenses from $26,939 to $30,585 in prior years. The lack of detailed expense breakdowns in the provided data makes it difficult to fully assess spending efficiency beyond the overall revenue and expense figures. The consistent reporting of zero officer compensation across all periods indicates a high level of transparency regarding executive pay, as there is none.