Milton Broncos Corporation
Milton Broncos Corporation operates on a minimal budget with limited financial activity and no reported officer compensation.
EIN: 205590388 · Milton, VT · NTEE: N65 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8K |
| Total Expenses | $5K |
| Program Spending | 80% |
| Net Assets | $1K |
| Transparency Score | 70/100 |
Is Milton Broncos Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Milton Broncos Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Milton Broncos Corporation
Milton Broncos Corporation (EIN: 205590388) is a nonprofit organization based in Milton, VT, classified under NTEE code N65. The organization reported total revenue of $8K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Milton Broncos Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Milton Broncos Corporation is a micro nonprofit that has been operating for 8 years.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $5K |
| Surplus / Deficit | $-3,078 |
| Total Assets | $1K |
| Net Assets | $1K |
| Operating Margin | -197.7% |
| Months of Reserves | 2.9 months |
Financial Health Grade: C
In 2018, Milton Broncos Corporation reported a deficit of $3K with expenses exceeding revenue, holds 2.9 months of operating reserves (limited).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Milton Broncos Corporation with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Milton Broncos Corporation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization reported 0% officer compensation in its 201812 filing, indicating that its leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which is common for very small nonprofits and can be a sign of efficient use of funds.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Milton Broncos Corporation's IRS 990 filings:
- Expenses ($4,635) significantly exceeded revenue ($1,557) in the 201812 filing, indicating an operating deficit.
Strengths
The following positive indicators were identified for Milton Broncos Corporation:
- No reported officer compensation in 201812, suggesting a volunteer-driven model and efficient use of funds for a small organization.
- No liabilities reported in 201812, indicating a debt-free status.
Frequently Asked Questions about Milton Broncos Corporation
Is Milton Broncos Corporation a legitimate charity?
Milton Broncos Corporation (EIN: 205590388) is a registered tax-exempt nonprofit based in Vermont. Our AI analysis gives it a Mission Score of 70/100. Total revenue: $8K. 1 red flag identified. 2 strengths noted. Financial health grade: C.
How does Milton Broncos Corporation spend its money?
Milton Broncos Corporation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Milton Broncos Corporation tax-deductible?
Milton Broncos Corporation is registered as a tax-exempt nonprofit (EIN: 205590388). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Milton Broncos Corporation's spending goes to programs?
Milton Broncos Corporation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Milton Broncos Corporation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Milton Broncos Corporation is above average for NTEE category N65 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Milton Broncos Corporation located?
Milton Broncos Corporation is headquartered in Milton, Vermont and files with the IRS under EIN 205590388. It is classified under NTEE code N65.
Is Milton Broncos Corporation financially stable?
Based on the 201812 filing, the organization spent more than it earned ($4,635 expenses vs. $1,557 revenue), indicating a deficit for that period. While current assets are $3,865, its overall financial stability appears limited given its small scale and historical operating deficit.
How does Milton Broncos Corporation fund its operations?
With reported revenue of $1,557 in 201812 and current revenue of $7,549, the organization likely relies on small donations, community support, or grants to fund its very limited operations.
What is the primary focus of Milton Broncos Corporation's spending?
While specific program spending details are not available for such a small organization, the NTEE code N65 (Sports, Recreation, Athletics, Camps - General) suggests its spending is primarily directed towards supporting sports and recreation activities. Assuming a typical small nonprofit structure, the majority of its $4,635 expenses in 201812 would likely be program-related.
Filing History
IRS 990 filing history for Milton Broncos Corporation showing financial trends over 1 year of public records:
In its most recent filing year (2018), Milton Broncos Corporation reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $2K | $5K | $1K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Milton Broncos Corporation:
Data Sources and Methodology
This transparency report for Milton Broncos Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.