Is West Forsyth Band Boosters Inc Legit?

Quick charity verification for West Forsyth Band Boosters Inc (EIN: 208745720)

Verdict: West Forsyth Band Boosters Inc appears trustworthy

92/100Mission Score
$303KRevenue
$60KAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How West Forsyth Band Boosters Inc allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 West Forsyth Band Boosters Inc

Is West Forsyth Band Boosters Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, West Forsyth Band Boosters Inc (EIN: 208745720) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.

Is West Forsyth Band Boosters Inc a good charity to donate to?

West Forsyth Band Boosters Inc has a Mission Score of 92/100. Revenue: $303K. Assets: $60K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for West Forsyth Band Boosters Inc?

The Employer Identification Number (EIN) for West Forsyth Band Boosters Inc is 208745720. 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 West Forsyth Band Boosters Inc spend its money?

West Forsyth Band Boosters Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify West Forsyth Band Boosters Inc's tax-exempt status?

You can verify West Forsyth Band Boosters Inc's tax-exempt status using EIN 208745720 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

West Forsyth Band Boosters Inc demonstrates consistent financial activity, with revenues and expenses generally in the range of $150,000 to $290,000 over the past decade. The organization's latest filing (202305) shows expenses exceeding revenue by approximately $19,593 ($260,475 expenses vs. $240,882 revenue), which is a common occurrence for booster clubs that may draw down reserves for specific projects or events. While the organization's assets have fluctuated, they remain relatively modest, with the latest reported assets at $40,930. Liabilities have been present in recent years, reaching $28,753 in 202305, indicating some short-term obligations. Spending efficiency appears to be strong given the nature of a booster club, which typically has minimal overhead. The consistent reporting of 0% officer compensation across all filings is a significant indicator of volunteer-driven operations, contributing to high program efficiency. The organization's financial transparency is good, with a consistent history of 14 IRS 990 filings, providing a clear public record of its financial activities. The lack of executive compensation also simplifies financial analysis and reduces potential concerns about excessive administrative costs. Overall, West Forsyth Band Boosters Inc appears to be a well-managed, volunteer-led organization focused on its mission. Its financial health is stable, though it occasionally operates with a deficit, likely managed through prior year surpluses or specific fundraising efforts. The consistent transparency through annual filings and the absence of paid officers are strong positive indicators.

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Disclaimer

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

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