Is South Platte Water Related Activities Program Inc Legit?

Quick charity verification for South Platte Water Related Activities Program Inc (EIN: 141931682)

Verdict: South Platte Water Related Activities Program Inc appears trustworthy

95/100Mission Score

$1.7MRevenue

$6.8MAssets

0Red Flags

5Strengths

No red flags identified.

Strengths

Consistent 0% officer compensation, indicating high efficiency and dedication to mission.
Healthy and growing asset base, increasing from $5,173,503 in 2014 to $6,174,782 in 2023.
Revenues consistently exceeding expenses in most recent years, demonstrating financial sustainability (e.g., $1,679,901 revenue vs. $1,079,873 expenses in 2023).
Low liabilities relative to assets, with liabilities of $489,169 against assets of $6,174,782 in 2023.
Strong financial transparency through consistent 990 filings.

Spending Breakdown

How South Platte Water Related Activities Program Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Platte Water Related Activities Program Inc

Is South Platte Water Related Activities Program Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, South Platte Water Related Activities Program Inc (EIN: 141931682) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is South Platte Water Related Activities Program Inc a good charity to donate to?

South Platte Water Related Activities Program Inc has a Mission Score of 95/100. Revenue: $1.7M. Assets: $6.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for South Platte Water Related Activities Program Inc?

The Employer Identification Number (EIN) for South Platte Water Related Activities Program Inc is 141931682. 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 Platte Water Related Activities Program Inc spend its money?

South Platte Water Related Activities Program Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify South Platte Water Related Activities Program Inc's tax-exempt status?

You can verify South Platte Water Related Activities Program Inc's tax-exempt status using EIN 141931682 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 Platte Water Related Activities Program Inc (SPWRAP) demonstrates consistent financial health, with revenues generally exceeding expenses in recent years, leading to a steady growth in assets. For instance, in 2023, revenue was $1,679,901 against expenses of $1,079,873, contributing to an asset base of $6,174,782. The organization's NTEE code D31 suggests a focus on water resource management, which aligns with its name. The absence of reported officer compensation across all available filings indicates a high degree of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice is a strong indicator of good governance and efficient resource allocation.

SPWRAP's spending efficiency appears strong, particularly given the zero officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial picture suggests that the majority of its $1,079,873 in expenses in 2023 is likely directed towards its water-related activities. The organization has also consistently maintained a healthy asset base, growing from $5,173,503 in 2014 to $6,174,782 in 2023, indicating sound financial management and sustainability. The significant increase in assets from $5,470,287 in 2022 to $6,174,782 in 2023, alongside a positive revenue-to-expense ratio, further reinforces its financial stability.

Overall, SPWRAP exhibits strong financial health, efficient spending practices, and excellent transparency, particularly through its consistent reporting of zero officer compensation. This suggests a well-managed organization focused on its mission, with a solid financial foundation to support its ongoing activities in water resource management.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.