Is Wilton Basketball Association Inc Legit?…

Quick charity verification for Wilton Basketball Association Inc (EIN: 200960505)

Strengths

Zero officer compensation, indicating volunteer leadership and efficient use of funds.
No reported liabilities across all filing periods, demonstrating strong financial solvency.
Consistent asset base, generally over $100,000 in recent years, providing financial stability.
Regular IRS 990 filings over 12 periods, showing commitment to transparency.
Revenues generally exceeding expenses, indicating sustainable operations.

Spending Breakdown

How Wilton Basketball Association Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Wilton Basketball Association Inc

Is Wilton Basketball Association Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Wilton Basketball Association Inc (EIN: 200960505) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Wilton Basketball Association Inc a good charity to donate to?

Wilton Basketball Association Inc has a Mission Score of 95/100. Revenue: $112K. Assets: $103K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Wilton Basketball Association Inc?

The Employer Identification Number (EIN) for Wilton Basketball Association Inc is 200960505. 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 Wilton Basketball Association Inc spend its money?

Wilton Basketball Association Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Wilton Basketball Association Inc's tax-exempt status?

You can verify Wilton Basketball Association Inc's tax-exempt status using EIN 200960505 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

Wilton Basketball Association Inc. demonstrates consistent financial stability with revenues generally exceeding expenses, as seen in 2022 ($99,940 revenue vs. $92,482 expenses) and 2021 ($97,070 revenue vs. $51,753 expenses). The organization maintains a healthy asset base, with assets consistently over $100,000 in recent years, such as $107,363 in 2022 and $102,392 in 2021, and no reported liabilities, indicating strong financial management and solvency. The absence of officer compensation across all reported periods suggests a volunteer-driven leadership model, which contributes to efficient use of funds for its programs.

The organization's spending efficiency appears high, particularly given the zero officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the lack of liabilities and consistent asset growth points to responsible financial stewardship. The organization's revenue has fluctuated, with a notable dip in 2020 to $31,672, but it has since recovered to pre-pandemic levels, demonstrating resilience. The consistent filing of IRS 990 forms over 12 periods indicates a commitment to transparency.

Overall, Wilton Basketball Association Inc. appears to be a well-managed and financially sound nonprofit. Its consistent asset base, lack of liabilities, and volunteer leadership suggest that the majority of its funds are likely directed towards its mission of promoting basketball in Wilton. The organization's financial health is robust, and its transparency through regular IRS filings is commendable.

Is Wilton Basketball Association Inc Legit?

Verdict: Wilton Basketball Association Inc appears trustworthy