Is South Mississippi Elite Youth Association Legit?
Quick charity verification for South Mississippi Elite Youth Association (EIN: 208966667)
Verdict: South Mississippi Elite Youth Association appears trustworthy
85/100Mission Score
$33KRevenue
$29KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent IRS 990 filing history (7 filings) demonstrating transparency.
Zero reported liabilities across all filing periods, indicating strong financial management.
0% officer compensation reported, ensuring funds are directed to programs.
Assets have shown a general upward trend, from $19,201 in 2017 to $28,728 currently, indicating financial stability.
Spending Breakdown
How South Mississippi Elite Youth Association 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 South Mississippi Elite Youth Association
Is South Mississippi Elite Youth Association a legitimate charity?
Based on AI analysis of IRS 990 filings, South Mississippi Elite Youth Association (EIN: 208966667) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is South Mississippi Elite Youth Association a good charity to donate to?
South Mississippi Elite Youth Association has a Mission Score of 85/100. Revenue: $33K. Assets: $29K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for South Mississippi Elite Youth Association?
The Employer Identification Number (EIN) for South Mississippi Elite Youth Association is 208966667. 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 South Mississippi Elite Youth Association spend its money?
South Mississippi Elite Youth Association allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify South Mississippi Elite Youth Association's tax-exempt status?
You can verify South Mississippi Elite Youth Association's tax-exempt status using EIN 208966667 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
South Mississippi Elite Youth Association demonstrates consistent financial activity, with revenues fluctuating between approximately $8,000 and $44,000 over the past seven years. The organization's assets have shown a general upward trend, from $19,201 in 2017 to $28,728 currently, indicating some financial stability. A key strength is its transparency, as evidenced by seven years of consistent IRS 990 filings and zero reported liabilities across all periods, suggesting sound financial management and no outstanding debts. The organization also reports 0% officer compensation, which is a positive indicator for donor confidence as funds are directed towards the mission rather than executive salaries.
However, the organization's spending efficiency is difficult to fully assess without a detailed breakdown of expenses beyond total expenses. While total expenses generally align with or slightly exceed revenue in most years (e.g., 202312: Revenue $35,575, Expenses $39,545), the lack of specific program, administrative, and fundraising expense categories in the provided data prevents a precise calculation of program efficiency. The consistent filing of 990-EZ forms, typical for smaller organizations, often means less granular expense reporting.
Overall, South Mississippi Elite Youth Association appears to be a financially stable small nonprofit with good transparency regarding its overall financial position and a commitment to not compensating officers. Its ability to maintain assets and operate without liabilities over several years, despite varying revenue, suggests prudent financial oversight. Further detailed expense data would enhance the assessment of its spending efficiency.