Quick charity verification for Tri County Sports Authority Inc (EIN: 208856685)
Verdict: Tri County Sports Authority Inc appears trustworthy
75/100Mission Score
$68KRevenue
$13KAssets
2Red Flags
4Strengths
Red Flags
Significant long-term decline in assets from $138,619 in 2011 to $12,554 in 2023, suggesting potential sustainability challenges if not reversed.
Operating at a deficit in multiple past periods (e.g., 201812, 201712, 201612, 201512, 201412, 201312, 201212), which contributed to the asset decline.
Strengths
Consistent 0% officer compensation across all filings, indicating a volunteer-driven model and efficient use of funds for mission.
Zero liabilities reported in all periods, demonstrating strong financial management and no debt.
Positive net income in the latest filing (202312: Revenue $68,061, Expenses $55,507), showing current operational efficiency.
Consistent filing of IRS 990-EZ forms, demonstrating basic compliance and transparency.
Spending Breakdown
How Tri County Sports Authority 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 Tri County Sports Authority Inc
Is Tri County Sports Authority Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tri County Sports Authority Inc (EIN: 208856685) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Tri County Sports Authority Inc a good charity to donate to?
Tri County Sports Authority Inc has a Mission Score of 75/100. Revenue: $68K. Assets: $13K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tri County Sports Authority Inc?
The Employer Identification Number (EIN) for Tri County Sports Authority Inc is 208856685. 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 Tri County Sports Authority Inc spend its money?
Tri County Sports Authority Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tri County Sports Authority Inc's tax-exempt status?
You can verify Tri County Sports Authority Inc's tax-exempt status using EIN 208856685 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
Tri County Sports Authority Inc, operating in Corbin, KY, appears to be a small, volunteer-led organization based on its consistent reporting of 0% officer compensation across all available filings. This indicates a strong commitment to directing funds towards its mission rather than executive salaries. The organization's revenue has fluctuated over the years, with the latest filing showing revenue of $68,061 and expenses of $55,507, resulting in a positive net income for the period. However, its assets have significantly declined from a high of $138,619 in 2011 to $12,554 in 2023, suggesting a long-term trend of spending down reserves or operating at a deficit in prior years. The consistent reporting of zero liabilities across all periods is a positive indicator of financial stability, avoiding debt.
While the organization demonstrates good financial health in its latest period with a surplus, the overall trend of declining assets warrants attention. Without detailed expense breakdowns from the 990-EZ filings, it's challenging to fully assess spending efficiency beyond the lack of executive compensation. The organization's consistent filing of its 990-EZ forms demonstrates a basic level of transparency, but the simplified nature of these forms provides less granular detail compared to a full 990. The absence of liabilities is a strong point, indicating responsible financial management in avoiding debt.
Given the small scale and volunteer nature, the organization's financial health seems stable for its size, though the long-term asset decline suggests a need to monitor sustainability. The lack of officer compensation is a significant positive for donor confidence regarding how funds are utilized. The organization's transparency is adequate for its size and filing type, but more detailed financial reporting would enhance a deeper analysis of its operational efficiency.