Quick charity verification for Waldo County Humane Society (EIN: 10373772)
Verdict: Waldo County Humane Society appears trustworthy
95/100Mission Score
$114KRevenue
$783KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial surplus, demonstrating strong financial health (e.g., $32,725 surplus in 2023).
Zero officer compensation reported across all filings, indicating volunteer-driven leadership and high efficiency.
Steady and significant growth in assets over the past decade, from $307,196 in 2014 to $669,402 in 2023.
Minimal liabilities, reflecting a low-risk financial profile.
High spending efficiency, with a large portion of revenue retained or directed towards mission-related activities.
Spending Breakdown
How Waldo County Humane Society allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Waldo County Humane Society
Is Waldo County Humane Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Waldo County Humane Society (EIN: 10373772) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Waldo County Humane Society a good charity to donate to?
Waldo County Humane Society has a Mission Score of 95/100. Revenue: $114K. Assets: $783K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Waldo County Humane Society?
The Employer Identification Number (EIN) for Waldo County Humane Society is 10373772. 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 Waldo County Humane Society spend its money?
Waldo County Humane Society allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Waldo County Humane Society's tax-exempt status?
You can verify Waldo County Humane Society's tax-exempt status using EIN 10373772 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
Waldo County Humane Society demonstrates strong financial health and a commendable commitment to its mission, as evidenced by its IRS 990 filings. The organization consistently operates with a surplus, with its latest filing (202312) showing revenue of $64,606 against expenses of $31,881, contributing to a steady growth in assets, which reached $669,402 in 2023. This consistent surplus indicates effective financial management and a sustainable operational model. The organization's liabilities are minimal, further reinforcing its stable financial position.
Spending efficiency appears high, given the significant gap between revenue and expenses, suggesting that a large portion of funds are retained for future programs or asset growth rather than being consumed by operational costs. The absence of officer compensation reported across all filings is a significant indicator of volunteer-driven leadership, which inherently maximizes the proportion of donations directly benefiting the cause. This practice also enhances transparency and trust, as it signals that leadership is not drawing salaries from the organization's funds.
Overall, Waldo County Humane Society exhibits excellent financial stewardship. Its consistent asset growth, low liabilities, and volunteer-led structure point to a well-managed and transparent organization focused on its programmatic goals. The financial data suggests a highly efficient operation where donor contributions are carefully managed and primarily directed towards the organization's mission.