Is South Oldham High School Athleticboosters Inc Legit?
Quick charity verification for South Oldham High School Athleticboosters Inc (EIN: 203748997)
Verdict: South Oldham High School Athleticboosters Inc appears trustworthy
92/100Mission Score
$227KRevenue
$240KAssets
1Red Flags
5Strengths
Red Flags
No detailed breakdown of program, administrative, and fundraising expenses provided in the summary data, requiring deeper dive into full 990 forms for precise ratios.
Strengths
Strong asset growth, reaching $239,816 in 202406.
Zero liabilities reported in the latest filing (202406), indicating excellent financial health.
0% officer compensation across all reported periods, maximizing funds for programs.
Consistent revenue generation and operational surpluses in most periods.
Long and consistent IRS 990 filing history (11 filings), demonstrating transparency.
Spending Breakdown
How South Oldham High School Athleticboosters Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Oldham High School Athleticboosters Inc
Is South Oldham High School Athleticboosters Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, South Oldham High School Athleticboosters Inc (EIN: 203748997) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is South Oldham High School Athleticboosters Inc a good charity to donate to?
South Oldham High School Athleticboosters Inc has a Mission Score of 92/100. Revenue: $227K. Assets: $240K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for South Oldham High School Athleticboosters Inc?
The Employer Identification Number (EIN) for South Oldham High School Athleticboosters Inc is 203748997. 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 Oldham High School Athleticboosters Inc spend its money?
South Oldham High School Athleticboosters Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify South Oldham High School Athleticboosters Inc's tax-exempt status?
You can verify South Oldham High School Athleticboosters Inc's tax-exempt status using EIN 203748997 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 Oldham High School Athleticboosters Inc demonstrates consistent financial activity supporting its mission. In the latest filing (202406), the organization reported revenue of $226,540 against expenses of $214,576, indicating a healthy operational surplus. The organization's assets have grown significantly, from $14,814 in 202206 to $239,816 in 202406, with zero liabilities, which is a strong indicator of financial stability and responsible management. The absence of officer compensation across all reported periods suggests a volunteer-driven leadership model, enhancing donor confidence in fund allocation directly to programs.
The organization's spending efficiency appears robust, with a clear focus on program delivery given the lack of reported officer compensation and the nature of an athletic booster club. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall operational surplus and asset growth suggest effective resource utilization. The consistent filing history over 11 periods further contributes to its transparency, allowing stakeholders to track its financial performance over time.
Overall, South Oldham High School Athleticboosters Inc exhibits strong financial health, characterized by consistent revenue generation, asset growth, and a commitment to a volunteer-led structure. The significant increase in assets and the absence of liabilities in the latest period are particularly noteworthy, reflecting sound financial stewardship. The organization's transparency is bolstered by its regular IRS 990 filings, providing a clear financial record for public scrutiny.