Quick charity verification for Venture Outdoors Inc (EIN: 203275291)
Verdict: Venture Outdoors Inc appears trustworthy
90/100Mission Score
$2.0MRevenue
$1.8MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $919,001 in 2019 to $1,821,851 in 2023.
Zero reported officer compensation across all filings, indicating high efficiency in leadership costs.
Strong asset base relative to liabilities, with a 3.11:1 asset-to-liabilities ratio in 2023.
Positive net assets growth over time, demonstrating financial stability and accumulation of resources.
Efficient spending with a high proportion of expenses likely directed towards program services.
Spending Breakdown
How Venture Outdoors 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 Venture Outdoors Inc
Is Venture Outdoors Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Venture Outdoors Inc (EIN: 203275291) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Venture Outdoors Inc a good charity to donate to?
Venture Outdoors Inc has a Mission Score of 90/100. Revenue: $2.0M. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Venture Outdoors Inc?
The Employer Identification Number (EIN) for Venture Outdoors Inc is 203275291. 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 Venture Outdoors Inc spend its money?
Venture Outdoors Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Venture Outdoors Inc's tax-exempt status?
You can verify Venture Outdoors Inc's tax-exempt status using EIN 203275291 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
Venture Outdoors Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past several years, culminating in $1,821,851 in revenue for the 202312 period. The organization maintains a strong asset base, reported at $1,294,490 in 2023, which provides a solid foundation for its operations. Spending efficiency appears to be a core focus, as evidenced by the consistent program spending ratio. The organization's transparency is commendable, particularly with zero reported officer compensation across all available filings, suggesting a volunteer or very low-paid leadership structure, which is a positive indicator for donor confidence and resource allocation directly to mission-related activities. The organization's liabilities are well-managed relative to its assets, indicating good financial stewardship.