Quick charity verification for Taos Swim Club Inc (EIN: 204497760)
Verdict: Taos Swim Club Inc appears trustworthy
75/100Mission Score
$147KRevenue
$51KAssets
1Red Flags
4Strengths
Red Flags
Inconsistent annual financial surpluses, with several years showing expenses exceeding revenue (e.g., 2023, 2020, 2019, 2018).
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating all revenue is directed towards operations and mission.
Low liabilities maintained consistently over the years, demonstrating responsible financial management.
Consistent filing of IRS Form 990s over nine periods, indicating good transparency practices.
Growth in assets from $11,999 in 2014 to $50,669 currently, showing long-term asset accumulation.
Spending Breakdown
How Taos Swim Club Inc 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 Taos Swim Club Inc
Is Taos Swim Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Taos Swim Club Inc (EIN: 204497760) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
Is Taos Swim Club Inc a good charity to donate to?
Taos Swim Club Inc has a Mission Score of 75/100. Revenue: $147K. Assets: $51K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Taos Swim Club Inc?
The Employer Identification Number (EIN) for Taos Swim Club Inc is 204497760. 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 Taos Swim Club Inc spend its money?
Taos Swim Club Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Taos Swim Club Inc's tax-exempt status?
You can verify Taos Swim Club Inc's tax-exempt status using EIN 204497760 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
Taos Swim Club Inc. demonstrates a consistent operational history with fluctuating but generally stable revenue streams over the past decade. The organization's financial health appears modest, with assets of $50,669 against latest revenue of $147,013, indicating a relatively lean operation. While the organization has experienced periods where expenses exceeded revenue, such as in 2023 ($87,083 expenses vs. $83,319 revenue) and 2020 ($34,690 expenses vs. $27,658 revenue), it has also shown periods of surplus, like in 2022 ($67,858 expenses vs. $81,929 revenue). This suggests a need for careful financial management to maintain long-term sustainability.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of zero officer compensation across all filings is a positive indicator of resource allocation towards the mission rather than executive salaries. The organization's consistent filing of IRS Form 990s over nine periods demonstrates a commitment to transparency regarding its financial activities, even if detailed expense categories are not immediately available in this summary. The relatively low liabilities reported across most years also suggests responsible financial stewardship.