Is The University Of Delaware Figure Skating Club Legit?
Quick charity verification for The University Of Delaware Figure Skating Club (EIN: 222757274)
Verdict: The University Of Delaware Figure Skating Club appears trustworthy
75/100Mission Score
$46KRevenue
$408KAssets
2Red Flags
3Strengths
Red Flags
Revenue has been highly volatile, ranging from $250,922 in 2022 to $36,658 in 2021 and $46,197 in 2023, which could indicate inconsistent funding sources or event-dependent income.
The provided data lacks specific breakdowns for program, administrative, and fundraising expenses, making it challenging to fully assess efficiency.
Strengths
Consistent growth in assets from $256,241 in 2017 to $408,301 in 2023, indicating financial stability and accumulation of resources.
No reported lobbying or political campaign expenditures, suggesting a focus on its core mission.
Low expenses relative to assets, with expenses of $43,430 in 2023 against assets of $408,301.
Spending Breakdown
How The University Of Delaware Figure Skating Club allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 University Of Delaware Figure Skating Club
Is The University Of Delaware Figure Skating Club a legitimate charity?
Based on AI analysis of IRS 990 filings, The University Of Delaware Figure Skating Club (EIN: 222757274) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is The University Of Delaware Figure Skating Club a good charity to donate to?
The University Of Delaware Figure Skating Club has a Mission Score of 75/100. Revenue: $46K. Assets: $408K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The University Of Delaware Figure Skating Club?
The Employer Identification Number (EIN) for The University Of Delaware Figure Skating Club is 222757274. 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 University Of Delaware Figure Skating Club spend its money?
The University Of Delaware Figure Skating Club allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The University Of Delaware Figure Skating Club's tax-exempt status?
You can verify The University Of Delaware Figure Skating Club's tax-exempt status using EIN 222757274 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 University Of Delaware Figure Skating Club is a recreation & sports nonprofit based in Newark, Delaware, with reported revenue of $46K and assets of $408K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. Executive compensation is not reported in the provided data, suggesting it is either minimal or not a significant expenditure requiring disclosure. Revenue has declined -59% across 12 filing periods.