Quick charity verification for Walterboro Family Fitness Centerinc (EIN: 208701904)
Verdict: Walterboro Family Fitness Centerinc shows mixed signals
65/100Mission Score
$271KRevenue
$54KAssets
3Red Flags
2Strengths
Red Flags
Consistent operational deficits (e.g., $39,956 deficit in 2019)
Liabilities exceeding assets in recent years ($56,469 liabilities vs. $53,501 assets in 2019)
Modest asset base relative to annual operating budget
Strengths
Zero reported officer compensation, indicating volunteer leadership or other compensation structures not classified as officer pay
Consistent revenue generation around $300,000 annually over a long period
Spending Breakdown
How Walterboro Family Fitness Centerinc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Walterboro Family Fitness Centerinc
Is Walterboro Family Fitness Centerinc a legitimate charity?
Based on AI analysis of IRS 990 filings, Walterboro Family Fitness Centerinc (EIN: 208701904) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Walterboro Family Fitness Centerinc a good charity to donate to?
Walterboro Family Fitness Centerinc has a Mission Score of 65/100. Revenue: $271K. Assets: $54K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Walterboro Family Fitness Centerinc?
The Employer Identification Number (EIN) for Walterboro Family Fitness Centerinc is 208701904. 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 Walterboro Family Fitness Centerinc spend its money?
Walterboro Family Fitness Centerinc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Walterboro Family Fitness Centerinc's tax-exempt status?
You can verify Walterboro Family Fitness Centerinc's tax-exempt status using EIN 208701904 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 Walterboro Family Fitness Centerinc demonstrates a consistent operational pattern over the past nine years, with annual revenues and expenses typically hovering around $300,000. In the latest filing (2019), the organization reported revenue of $271,112 against expenses of $311,068, indicating a deficit for the year. This trend of expenses often exceeding revenue is visible in several past periods, such as 2019, 2018, 2016, 2014, 2013, 2012, and 2011, suggesting a reliance on prior reserves or other funding mechanisms to cover operational gaps. The organization's assets have fluctuated, standing at $53,501 in 2019, which is relatively modest compared to its annual operating budget.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent operational deficits raise questions about long-term financial sustainability if not addressed. The organization's liabilities ($56,469 in 2019) are slightly higher than its assets, indicating a negative net asset position, which is a concern for financial health.
Transparency regarding executive compensation is high, as the organization consistently reports 0% officer compensation across all available filings. This suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive indicator for donor trust. However, the lack of detailed expense breakdowns limits a comprehensive assessment of overall spending efficiency and how funds are allocated across different functions.