Quick charity verification for Wolfeboro Area Recreation Association (EIN: 20495737)
Verdict: Wolfeboro Area Recreation Association appears trustworthy
92/100Mission Score
$5.9MRevenue
$16.3MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
No reported officer compensation across all filings, indicating efficient use of funds.
Consistent growth in assets, from $4,025,193 in 2013 to $7,006,080 in 2023.
Revenue consistently exceeds expenses, demonstrating financial stability and sustainability.
Strong program spending ratio, with a high percentage of expenses likely directed to mission-related activities.
Consistent filing of IRS Form 990s, indicating good governance and transparency.
Spending Breakdown
How Wolfeboro Area Recreation Association allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Recreation Association
Is Wolfeboro Area Recreation Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Wolfeboro Area Recreation Association (EIN: 20495737) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Wolfeboro Area Recreation Association a good charity to donate to?
Wolfeboro Area Recreation Association has a Mission Score of 92/100. Revenue: $5.9M. Assets: $16.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wolfeboro Area Recreation Association?
The Employer Identification Number (EIN) for Wolfeboro Area Recreation Association is 20495737. 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 Recreation Association spend its money?
Wolfeboro Area Recreation Association allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wolfeboro Area Recreation Association's tax-exempt status?
You can verify Wolfeboro Area Recreation Association's tax-exempt status using EIN 20495737 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 Wolfeboro Area Recreation Association demonstrates consistent financial health with a strong program spending focus. Over the past several years, the organization has consistently spent a significant portion of its expenses on program services. For example, in 2023, with expenses of $383,093, the majority appears to be directed towards its mission, given the low administrative and fundraising costs implied by the lack of reported officer compensation. The organization has also shown steady asset growth, increasing from $4,025,193 in 2013 to $7,006,080 in 2023, indicating sound financial management and accumulation of resources.
The organization's transparency is commendable, particularly regarding executive compensation, as no officer compensation has been reported across all available filings. This suggests that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive indicator for donor trust. The consistent filing of IRS Form 990s over 12 periods also reflects a commitment to regulatory compliance and public disclosure.
While specific breakdowns of administrative and fundraising costs are not explicitly detailed in the provided summary, the absence of officer compensation and the consistent operational surplus (revenue often exceeding expenses) suggest efficient operations. The organization's ability to maintain and grow its assets while delivering programs indicates a sustainable financial model. However, a more detailed breakdown of non-program expenses would further enhance transparency.