Quick charity verification for Swift Diamond Riders (EIN: 20456208)
Verdict: Swift Diamond Riders appears trustworthy
85/100Mission Score
$387KRevenue
$469KAssets
2Red Flags
4Strengths
Red Flags
Significant year-over-year revenue and expense fluctuations, making financial forecasting challenging (e.g., revenue from $356,761 in 2023 to $169,962 in 2024).
Expenses exceeded revenue in several recent periods (e.g., 2024: Expenses $242,008 vs. Revenue $169,962; 2022: Expenses $171,847 vs. Revenue $146,584).
Strengths
Consistent reporting of 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Strong asset base consistently exceeding liabilities, demonstrating financial stability (e.g., $544,148 assets vs. $67,984 liabilities in 2024).
Long history of IRS 990 filings (14 filings), indicating commitment to transparency and compliance.
How Swift Diamond Riders allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Swift Diamond Riders
Is Swift Diamond Riders a legitimate charity?
Based on AI analysis of IRS 990 filings, Swift Diamond Riders (EIN: 20456208) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Swift Diamond Riders a good charity to donate to?
Swift Diamond Riders has a Mission Score of 85/100. Revenue: $387K. Assets: $469K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Swift Diamond Riders?
The Employer Identification Number (EIN) for Swift Diamond Riders is 20456208. 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 Swift Diamond Riders spend its money?
Swift Diamond Riders allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Swift Diamond Riders's tax-exempt status?
You can verify Swift Diamond Riders's tax-exempt status using EIN 20456208 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
Swift Diamond Riders demonstrates a fluctuating but generally stable financial position over the past decade. While revenue and expenses have varied significantly year-to-year, the organization consistently maintains a healthy asset base, with assets of $544,148 in 2024 and $634,894 in 2023, comfortably exceeding liabilities. The organization's financial health appears robust enough to support its operations, despite some years where expenses outpaced revenue, such as in 2024 where expenses were $242,008 against revenues of $169,962.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings is a strong indicator of efficient use of funds at the executive level and suggests a volunteer-driven leadership structure. This practice significantly reduces overhead costs that can often consume a large portion of a nonprofit's budget.
Transparency is high regarding executive compensation, with zero reported. The consistent filing of IRS Form 990s over 14 periods indicates a commitment to regulatory compliance and public disclosure of financial activities. However, without specific NTEE codes or detailed expense categories, a complete understanding of their program impact and operational efficiency remains somewhat limited. Further transparency could be achieved by providing more granular expense data.