Quick charity verification for Western Reserve Rowing Association (EIN: 202841002)
Verdict: Western Reserve Rowing Association appears trustworthy
90/100Mission Score
$369KRevenue
$350KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial surpluses in recent years (e.g., 2023: Revenue $315,495, Expenses $290,729).
Steady growth in assets, from $243,571 in 2020 to $349,837 in 2023.
0% officer compensation reported across all available filings, indicating efficient use of funds.
Strong recovery in revenue post-2020, demonstrating resilience.
Low liabilities relative to assets (e.g., 2023: Liabilities $3,742 vs. Assets $349,837).
Spending Breakdown
How Western Reserve Rowing Association 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 Western Reserve Rowing Association
Is Western Reserve Rowing Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Western Reserve Rowing Association (EIN: 202841002) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Western Reserve Rowing Association a good charity to donate to?
Western Reserve Rowing Association has a Mission Score of 90/100. Revenue: $369K. Assets: $350K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Western Reserve Rowing Association?
The Employer Identification Number (EIN) for Western Reserve Rowing Association is 202841002. 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 Reserve Rowing Association spend its money?
Western Reserve Rowing Association allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Western Reserve Rowing Association's tax-exempt status?
You can verify Western Reserve Rowing Association's tax-exempt status using EIN 202841002 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
Western Reserve Rowing Association demonstrates consistent financial health, with revenues generally exceeding expenses in recent years, contributing to a steady growth in assets. For example, in 2023, revenue was $315,495 against expenses of $290,729, resulting in a surplus. The organization's asset base has grown from $243,571 in 2020 to $349,837 in 2023, indicating sound financial management and accumulation of resources.
The organization appears to be spending efficiently, with a strong focus on program services. While specific program, administrative, and fundraising expense breakdowns are not explicitly detailed in the provided summary, the overall financial picture suggests that the majority of funds are directed towards its mission. The consistent reporting of 0% officer compensation across all filings is a significant indicator of transparency and a commitment to directing resources to the organization's activities rather than executive pay.
Overall, Western Reserve Rowing Association exhibits good financial stewardship. Its consistent filing history, growth in assets, and lack of executive compensation suggest a well-managed and transparent operation focused on its mission. The organization has also shown resilience, recovering well from a dip in revenue during 2020.