Is The Clarence Demar Marathon Inc Legit? —…

Quick charity verification for The Clarence Demar Marathon Inc (EIN: 20454040)

Strengths

Zero liabilities reported across all filings, indicating strong financial stability.
Significant growth in assets from $4,723 in 2015 to $181,966 in 2023, demonstrating effective resource accumulation.
Consistent reporting of 0% officer compensation, suggesting a volunteer-led model and high dedication of funds to mission.
Stable revenue stream, averaging around $170,000 annually in recent years, providing predictable funding.
Consistent IRS 990 filing history (10 filings), indicating strong transparency and compliance.

Spending Breakdown

How The Clarence Demar Marathon Inc allocates its funds across programs, administration, and fundraising.

85%

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 The Clarence Demar Marathon Inc

Is The Clarence Demar Marathon Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, The Clarence Demar Marathon Inc (EIN: 20454040) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

Is The Clarence Demar Marathon Inc a good charity to donate to?

The Clarence Demar Marathon Inc has a Mission Score of 90/100. Revenue: $189K. Assets: $199K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Clarence Demar Marathon Inc?

The Employer Identification Number (EIN) for The Clarence Demar Marathon Inc is 20454040. 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 The Clarence Demar Marathon Inc spend its money?

The Clarence Demar Marathon Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Clarence Demar Marathon Inc's tax-exempt status?

You can verify The Clarence Demar Marathon Inc's tax-exempt status using EIN 20454040 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 Clarence Demar Marathon Inc demonstrates consistent financial health with a stable revenue stream, averaging around $170,000 annually in recent years, excluding a dip in 2020. The organization has shown prudent financial management by consistently operating with zero liabilities across all reported periods, indicating a strong balance sheet and no reliance on debt. Their asset base has also grown significantly, from $4,723 in 2015 to $181,966 in 2023, suggesting effective accumulation of resources. The organization's transparency is high, as evidenced by the consistent filing of IRS Form 990s and the clear reporting of zero officer compensation, which simplifies financial analysis and builds trust.

Spending efficiency appears strong, particularly given the consistent surplus in recent years (e.g., $25,371 in 2023 and $76,982 in 2022). While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall expense ratios relative to revenue suggest that the majority of funds are directed towards the organization's mission. The absence of officer compensation further indicates that a higher proportion of funds can be allocated to programs and operational needs rather than executive salaries.

Overall, The Clarence Demar Marathon Inc appears to be a well-managed and financially stable nonprofit. Their consistent revenue, lack of debt, growing assets, and transparent reporting of no officer compensation paint a picture of an organization focused on its mission and responsible stewardship of donor funds. The significant growth in assets over the past decade is a testament to their sound financial practices.

Is The Clarence Demar Marathon Inc Legit?

Verdict: The Clarence Demar Marathon Inc appears trustworthy