Quick charity verification for The Fort Ticonderoga Association Inc (EIN: 141440924)
Verdict: The Fort Ticonderoga Association Inc appears trustworthy
90/100Mission Score
$10.0MRevenue
$28.7MAssets
2Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this scale and could obscure executive remuneration if categorized elsewhere.
Significant expense spike in 2021 ($11,044,831) leading to a deficit for that year, which warrants further investigation into its cause.
Strengths
Strong and consistent asset growth, from $8.1M in 2015 to $25.8M in 2023, indicating robust financial health.
Generally operates with a financial surplus, as seen in 2023 ($7,661,070 revenue vs. $5,788,456 expenses).
Low liabilities relative to assets, suggesting strong financial stability and low debt burden.
Consistent filing of IRS Form 990s, demonstrating good transparency.
Significant revenue growth over the past decade, indicating increasing support and operational capacity.
Spending Breakdown
How The Fort Ticonderoga Association 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
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 The Fort Ticonderoga Association Inc
Is The Fort Ticonderoga Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Fort Ticonderoga Association Inc (EIN: 141440924) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is The Fort Ticonderoga Association Inc a good charity to donate to?
The Fort Ticonderoga Association Inc has a Mission Score of 90/100. Revenue: $10.0M. Assets: $28.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Fort Ticonderoga Association Inc?
The Employer Identification Number (EIN) for The Fort Ticonderoga Association Inc is 141440924. 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 Fort Ticonderoga Association Inc spend its money?
The Fort Ticonderoga Association Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Fort Ticonderoga Association Inc's tax-exempt status?
You can verify The Fort Ticonderoga Association Inc's tax-exempt status using EIN 141440924 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 Fort Ticonderoga Association Inc demonstrates a generally healthy financial position with consistent revenue generation and asset growth over the past decade. In the latest filing (202312), the organization reported revenues of $7,661,070 against expenses of $5,788,456, indicating a surplus. Their assets have steadily increased from $8,160,468 in 2015 to $25,833,075 in 2023, showcasing strong financial stewardship and accumulation of resources. The organization's liabilities remain relatively low compared to its assets, suggesting good financial stability.
Spending efficiency appears strong, particularly given the consistent surpluses in most years. For instance, in 2023, expenses were approximately 75% of revenue. The absence of reported officer compensation across all available filings is a notable indicator of potential efficiency and a strong volunteer or non-salaried leadership model, or that compensation is reported differently (e.g., as part of general salaries). This practice, if it means no executive salaries, could significantly reduce administrative overhead.
Transparency is high given the consistent filing of IRS Form 990s, with 13 filings available. The detailed financial data provided allows for a clear understanding of the organization's financial activities. The lack of reported officer compensation, while potentially efficient, could also warrant further inquiry to understand how leadership is compensated, if at all, to ensure full transparency regarding all forms of remuneration.