Quick charity verification for Wolfeboro Tennis Club Inc (EIN: 20274543)
Verdict: Wolfeboro Tennis Club Inc appears trustworthy
95/100Mission Score
$88KRevenue
$191KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation across all filings, indicating volunteer leadership and efficient resource allocation.
Strong asset base ($190,959 latest assets) with minimal to no liabilities, demonstrating financial stability.
Consistent filing of IRS Form 990s, indicating good transparency and compliance.
Ability to absorb periods where expenses exceed revenue due to healthy asset reserves (e.g., 2023 expenses $84,326 vs. revenue $78,976).
Growth in revenue in recent years (e.g., $80,368 in 2022 compared to $36,789 in 2017), suggesting increasing community engagement or support.
Spending Breakdown
How Wolfeboro Tennis Club 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
0%
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 Tennis Club Inc
Is Wolfeboro Tennis Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wolfeboro Tennis Club Inc (EIN: 20274543) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Wolfeboro Tennis Club Inc a good charity to donate to?
Wolfeboro Tennis Club Inc has a Mission Score of 95/100. Revenue: $88K. Assets: $191K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wolfeboro Tennis Club Inc?
The Employer Identification Number (EIN) for Wolfeboro Tennis Club Inc is 20274543. 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 Tennis Club Inc spend its money?
Wolfeboro Tennis Club Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wolfeboro Tennis Club Inc's tax-exempt status?
You can verify Wolfeboro Tennis Club Inc's tax-exempt status using EIN 20274543 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 Tennis Club Inc demonstrates consistent financial stability with assets significantly exceeding liabilities across all reported periods, indicating a healthy balance sheet. The organization's revenue has fluctuated, with a notable increase in the 2022 and 2023 periods compared to earlier years, suggesting growing support or activity. Spending efficiency appears strong, as the organization consistently reports 0% officer compensation, indicating that all revenue is directed towards its mission and operational costs. The absence of liabilities in recent years further underscores sound financial management and a low-risk profile.
The club's financial health is generally robust, with assets of $190,959 against no reported liabilities in recent filings. While expenses occasionally exceed revenue, such as in 2023 ($84,326 expenses vs. $78,976 revenue), the organization's substantial asset base allows it to absorb these fluctuations without jeopardizing its long-term viability. The consistent reporting of zero officer compensation is a strong indicator of transparency and a commitment to directing resources to its programs rather than administrative overhead.
Overall, Wolfeboro Tennis Club Inc exhibits strong financial health, high spending efficiency due to its volunteer-led structure, and excellent transparency through its consistent 990 filings and zero officer compensation. Its ability to maintain a healthy asset base despite revenue fluctuations suggests prudent financial stewardship, making it a financially sound organization.