Is Talbot County Garden Club Inc Legit? —…

Quick charity verification for Talbot County Garden Club Inc (EIN: 205124874)

Strengths

Consistent asset growth, from $421,235 in 201603 to $728,089 in 202406.
Zero reported liabilities across all 14 filing periods, indicating excellent financial health.
No officer compensation reported, suggesting a highly efficient, volunteer-driven model.
Consistent operational surpluses in most years, demonstrating sound financial management.
Strong financial stability despite revenue fluctuations, maintaining positive net assets.

Spending Breakdown

How Talbot County Garden Club Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

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 Talbot County Garden Club Inc

Is Talbot County Garden Club Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Talbot County Garden Club Inc (EIN: 205124874) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Talbot County Garden Club Inc a good charity to donate to?

Talbot County Garden Club Inc has a Mission Score of 92/100. Revenue: $436K. Assets: $728K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Talbot County Garden Club Inc?

The Employer Identification Number (EIN) for Talbot County Garden Club Inc is 205124874. 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 Talbot County Garden Club Inc spend its money?

Talbot County Garden Club Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Talbot County Garden Club Inc's tax-exempt status?

You can verify Talbot County Garden Club Inc's tax-exempt status using EIN 205124874 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

The Talbot County Garden Club Inc. demonstrates strong financial health and consistent growth in assets, reaching $728,089 in the latest filing period (202406) with zero liabilities, indicating a very stable financial position. The organization consistently operates with a surplus, as seen in the 202406 period where revenue of $165,170 exceeded expenses of $128,503. This trend of revenue exceeding expenses is generally positive, allowing for asset accumulation and program stability. The absence of officer compensation reported across all filings suggests a volunteer-driven leadership model, which significantly reduces administrative overhead and enhances spending efficiency.

While specific program spending percentages are not detailed in the provided data, the consistent operational surpluses and the lack of executive compensation imply a high proportion of funds are likely directed towards the organization's mission. The organization's revenue has shown significant fluctuation over the years, from a low of $37,104 in 202006 to a high of $165,170 in 202406, but it has maintained a positive net asset position throughout. The consistent growth in assets, nearly doubling from $421,235 in 201603 to $728,089 in 202406, further underscores its financial stability and prudent management.

Overall, the Talbot County Garden Club Inc. appears to be a well-managed organization with a strong financial foundation, low overhead due to volunteer leadership, and a clear ability to grow its assets. The lack of reported liabilities across all periods is a significant indicator of fiscal responsibility. To further enhance transparency, a more detailed breakdown of program versus administrative expenses would be beneficial, though the current data suggests efficient operations.

Is Talbot County Garden Club Inc Legit?

Verdict: Talbot County Garden Club Inc appears trustworthy