Is Western Connecticut Chapter National Railway Historical Societ Legit?
Quick charity verification for Western Connecticut Chapter National Railway Historical Societ (EIN: 10366432)
Verdict: Western Connecticut Chapter National Railway Historical Societ appears trustworthy
92/100Mission Score
$21KRevenue
$76KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth (from $60,890 in 2015 to $74,983 in 2024)
Zero reported liabilities across all filings, indicating strong financial health
No reported officer compensation, suggesting a highly efficient, volunteer-driven model
Expenses consistently lower than revenue, leading to positive net income
Regular and consistent IRS 990 filing history (13 filings), demonstrating transparency
Spending Breakdown
How Western Connecticut Chapter National Railway Historical Societ allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Western Connecticut Chapter National Railway Historical Societ
Is Western Connecticut Chapter National Railway Historical Societ a legitimate charity?
Based on AI analysis of IRS 990 filings, Western Connecticut Chapter National Railway Historical Societ (EIN: 10366432) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Western Connecticut Chapter National Railway Historical Societ a good charity to donate to?
Western Connecticut Chapter National Railway Historical Societ has a Mission Score of 92/100. Revenue: $21K. Assets: $76K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Western Connecticut Chapter National Railway Historical Societ?
The Employer Identification Number (EIN) for Western Connecticut Chapter National Railway Historical Societ is 10366432. 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 Western Connecticut Chapter National Railway Historical Societ spend its money?
Western Connecticut Chapter National Railway Historical Societ allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Western Connecticut Chapter National Railway Historical Societ's tax-exempt status?
You can verify Western Connecticut Chapter National Railway Historical Societ's tax-exempt status using EIN 10366432 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 Western Connecticut Chapter National Railway Historical Society demonstrates consistent financial stability and a strong commitment to its mission, as evidenced by its IRS 990 filings. The organization has maintained a positive net income over the past decade, with assets steadily growing from $60,890 in 2015 to $74,983 in 2024. This growth, coupled with zero reported liabilities across all filings, indicates prudent financial management and a healthy balance sheet. The organization's revenue has fluctuated but generally shown an upward trend, reaching $14,682 in 2024, while expenses have remained well within its income.
Spending efficiency appears high, primarily due to the complete absence of reported officer compensation, suggesting a volunteer-driven operational model. With total expenses in 2024 at $13,800 against revenue of $14,682, the organization is operating efficiently within its means. The lack of detailed expense breakdowns in the provided data makes a precise program vs. administrative spending analysis challenging, but the overall financial picture points to a lean operation focused on its objectives. The consistent filing of 990s over 13 periods also indicates a commitment to transparency.
Overall, the organization exhibits sound financial health, responsible asset management, and a highly efficient operational structure, likely due to its volunteer leadership. Its consistent financial performance and lack of liabilities are strong indicators of its sustainability and dedication to its historical preservation mission.