Quick charity verification for William C Bowling Sr Memorial Fund (EIN: 20556814)
Verdict: William C Bowling Sr Memorial Fund shows mixed signals
55/100Mission Score
$10KRevenue
$446KAssets
3Red Flags
3Strengths
Red Flags
Consistent operational deficits (e.g., $8,538 revenue vs. $20,211 expenses in 2023)
Reliance on existing assets to cover expenses rather than operational revenue
Declining revenue trend in recent years compared to earlier periods (e.g., $28,788 in 2013 vs. $8,538 in 2023)
Strengths
No officer compensation reported, indicating efficient use of funds at the executive level
Consistent filing of IRS 990 forms, demonstrating transparency
Growing asset base over the long term, providing a financial cushion
Spending Breakdown
How William C Bowling Sr Memorial Fund allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 William C Bowling Sr Memorial Fund
Is William C Bowling Sr Memorial Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, William C Bowling Sr Memorial Fund (EIN: 20556814) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.
Is William C Bowling Sr Memorial Fund a good charity to donate to?
William C Bowling Sr Memorial Fund has a Mission Score of 55/100. Revenue: $10K. Assets: $446K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for William C Bowling Sr Memorial Fund?
The Employer Identification Number (EIN) for William C Bowling Sr Memorial Fund is 20556814. 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 William C Bowling Sr Memorial Fund spend its money?
William C Bowling Sr Memorial Fund allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify William C Bowling Sr Memorial Fund's tax-exempt status?
You can verify William C Bowling Sr Memorial Fund's tax-exempt status using EIN 20556814 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 William C Bowling Sr Memorial Fund demonstrates consistent financial transparency through its regular IRS 990 filings, with nine filings available. However, a concerning trend is the organization's consistent deficit spending in recent years. For example, in 2023, revenue was $8,538 while expenses were $20,211, and in 2022, revenue was $7,574 against expenses of $19,262. This pattern of spending significantly more than it earns could impact its long-term sustainability, despite its growing asset base. The fund's assets have grown from $211,575 in 2011 to $394,606 in 2023, suggesting a reliance on existing capital rather than operational revenue to cover expenses.
The organization's 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 losses raise questions about how effectively its limited revenue is being utilized. The absence of officer compensation is a positive indicator of efficient use of funds at the executive level. The fund's mission, as indicated by its NTEE code B122 (Scholarships & Student Financial Aid), suggests a direct program focus, but the financial data points to a need for improved revenue generation or expense management to ensure its continued ability to fulfill this mission.