Is The South Boston Collaborative Center Inc Legit?
Quick charity verification for The South Boston Collaborative Center Inc (EIN: 203681552)
Verdict: The South Boston Collaborative Center Inc appears trustworthy
80/100Mission Score
$493KRevenue
$191KAssets
2Red Flags
3Strengths
Red Flags
Unusual negative liabilities reported in 202312 filing (-$80,940)
Periods of deficit spending (e.g., 202212 where expenses exceeded revenue by $85,381)
Strengths
Consistent 0% officer compensation, indicating high efficiency in leadership costs
Generally stable revenue streams over a decade for an organization of its size
Positive operating margin in the latest filing (202312: Revenue $493,571 vs. Expenses $460,785)
Spending Breakdown
How The South Boston Collaborative Center 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 South Boston Collaborative Center Inc
Is The South Boston Collaborative Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The South Boston Collaborative Center Inc (EIN: 203681552) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
Is The South Boston Collaborative Center Inc a good charity to donate to?
The South Boston Collaborative Center Inc has a Mission Score of 80/100. Revenue: $493K. Assets: $191K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The South Boston Collaborative Center Inc?
The Employer Identification Number (EIN) for The South Boston Collaborative Center Inc is 203681552. 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 South Boston Collaborative Center Inc spend its money?
The South Boston Collaborative Center Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The South Boston Collaborative Center Inc's tax-exempt status?
You can verify The South Boston Collaborative Center Inc's tax-exempt status using EIN 203681552 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 South Boston Collaborative Center Inc demonstrates consistent financial activity, with revenues fluctuating between approximately $219,000 and $499,000 over the past decade. In the latest filing (202312), the organization reported revenue of $493,571 against expenses of $460,785, indicating a positive operating margin for the period. However, the organization has experienced periods of deficit spending, such as in 202212 where expenses ($407,004) exceeded revenue ($321,623).
The organization's asset base has varied, reaching a high of $323,620 in 201412 and standing at $130,436 in the most recent filing. A notable point is the reported negative liabilities of $-80,940 in 202312, which could indicate a reclassification or specific accounting treatment that warrants further investigation for clarity. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-led or very lean executive structure, which can be a positive indicator of resource allocation directly to mission-related activities.
Overall, the organization appears to be managing its finances with varying degrees of success year-to-year, but the absence of officer compensation and generally stable revenue streams suggest a commitment to its mission. Further detail on program, administrative, and fundraising expenses would provide a more complete picture of spending efficiency.