How Wolfeboro Area Meals On Wheels Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
4%
Admin Costs
Reasonable — admin costs in check
1%
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 Wolfeboro Area Meals On Wheels Inc
Is Wolfeboro Area Meals On Wheels Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wolfeboro Area Meals On Wheels Inc (EIN: 20311890) appears trustworthy. Mission Score: 98/100. 0 red flags identified, 5 strengths noted.
Is Wolfeboro Area Meals On Wheels Inc a good charity to donate to?
Wolfeboro Area Meals On Wheels Inc has a Mission Score of 98/100. Revenue: $216K. Assets: $613K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wolfeboro Area Meals On Wheels Inc?
The Employer Identification Number (EIN) for Wolfeboro Area Meals On Wheels Inc is 20311890. 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 Wolfeboro Area Meals On Wheels Inc spend its money?
Wolfeboro Area Meals On Wheels Inc allocates 95% to programs, 4% to administration, and 1% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wolfeboro Area Meals On Wheels Inc's tax-exempt status?
You can verify Wolfeboro Area Meals On Wheels Inc's tax-exempt status using EIN 20311890 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
Wolfeboro Area Meals On Wheels Inc demonstrates strong financial health and a commendable commitment to its program services. Over the past five years, the organization has seen significant growth in its assets, from $111,483 in 2019 to $426,436 in 2023, indicating effective financial management and accumulation of resources. Its revenue has also shown a positive trend, with a notable peak of $301,862 in 2021, though it has since stabilized around $160,000-$170,000 in recent years. The organization consistently spends a very high proportion of its expenses directly on programs, as evidenced by its low administrative and fundraising costs.
The organization's spending efficiency is excellent. For example, in 2023, with expenses of $114,063, the vast majority would have gone to program services given the absence of officer compensation and typically low overhead for such organizations. The consistent reporting of 0% officer compensation across all filings is a strong indicator of efficient use of funds and a volunteer-driven or minimally compensated leadership structure, which directly benefits the mission. This financial discipline allows a greater share of donations to directly support meal delivery to those in need.
Transparency appears to be high, with consistent annual filings available for public review. The detailed financial history provided allows for clear tracking of revenue, expenses, and asset growth. The absence of officer compensation further simplifies financial analysis and reinforces trust in the organization's dedication to its mission rather than executive enrichment. The organization's low liabilities across all periods also suggest sound financial management and minimal debt burden.