Is Thief River Falls Convention & Visitors Bureau Inc Legit?

Quick charity verification for Thief River Falls Convention & Visitors Bureau Inc (EIN: 10872302)

Verdict: Thief River Falls Convention & Visitors Bureau Inc appears trustworthy

85/100Mission Score
$169KRevenue
$96KAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Thief River Falls Convention & Visitors Bureau 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 Thief River Falls Convention & Visitors Bureau Inc

Is Thief River Falls Convention & Visitors Bureau Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Thief River Falls Convention & Visitors Bureau Inc (EIN: 10872302) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Thief River Falls Convention & Visitors Bureau Inc a good charity to donate to?

Thief River Falls Convention & Visitors Bureau Inc has a Mission Score of 85/100. Revenue: $169K. Assets: $96K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Thief River Falls Convention & Visitors Bureau Inc?

The Employer Identification Number (EIN) for Thief River Falls Convention & Visitors Bureau Inc is 10872302. 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 Thief River Falls Convention & Visitors Bureau Inc spend its money?

Thief River Falls Convention & Visitors Bureau Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Thief River Falls Convention & Visitors Bureau Inc's tax-exempt status?

You can verify Thief River Falls Convention & Visitors Bureau Inc's tax-exempt status using EIN 10872302 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

Thief River Falls Convention & Visitors Bureau Inc demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past decade. For instance, in 2023, revenue was $150,736 against expenses of $150,817, indicating a break-even operational model. The organization's assets have shown growth, from $7,049 in 2017 to $54,120 in 2023, suggesting some financial stability, though liabilities have fluctuated, reaching $173 in 2023. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to directing funds towards the organization's mission rather than executive salaries, which is a strong positive for transparency and efficiency. While specific program spending details are not provided in the summary data, the absence of executive compensation suggests a lean operational structure. The organization's financial health appears stable, operating close to break-even most years. There have been periods of deficit spending, such as in 2022 where expenses ($171,447) exceeded revenue ($148,520), but also surpluses, like in 2020 ($124,999 revenue vs. $97,153 expenses). The relatively small asset base ($96,438 latest) for an organization with over $150,000 in annual revenue suggests that most funds are expended annually rather than accumulated. The consistent filing of IRS Form 990s over 13 periods demonstrates good compliance and transparency in financial reporting.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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