Quick charity verification for Sports Plus Group Inc (EIN: 204631768)
Verdict: Sports Plus Group Inc appears trustworthy
88/100Mission Score
$135KRevenue
$101KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent operating surpluses (e.g., $12,495 in 2023)
Zero reported liabilities across all filing periods
Healthy and growing net assets ($111,316 in 2023)
0% officer compensation reported, indicating high efficiency
Consistent IRS 990 filing history (14 filings) demonstrating transparency
Spending Breakdown
How Sports Plus Group Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Sports Plus Group Inc
Is Sports Plus Group Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sports Plus Group Inc (EIN: 204631768) appears trustworthy. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.
Is Sports Plus Group Inc a good charity to donate to?
Sports Plus Group Inc has a Mission Score of 88/100. Revenue: $135K. Assets: $101K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sports Plus Group Inc?
The Employer Identification Number (EIN) for Sports Plus Group Inc is 204631768. 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 Sports Plus Group Inc spend its money?
Sports Plus Group Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sports Plus Group Inc's tax-exempt status?
You can verify Sports Plus Group Inc's tax-exempt status using EIN 204631768 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
Sports Plus Group Inc. demonstrates consistent financial stability with a healthy operating margin. In 2023, the organization reported revenues of $128,561 against expenses of $116,066, indicating a surplus. Over the past five years, revenue has fluctuated, peaking at $160,782 in 2018 and dipping to $75,984 in 2020, but the organization has consistently maintained positive net assets, reaching $111,316 in 2023. The absence of liabilities across all reported periods is a strong indicator of sound financial management and low financial risk. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 14 filings available, and the explicit reporting of 0% officer compensation, which suggests a volunteer-driven or very lean leadership structure. This commitment to minimal overhead and clear financial reporting contributes positively to its overall financial health and public trust.