Is 728 Cadets Corp Legit?

Quick charity verification for 728 Cadets Corp (EIN: 210912452)

Verdict: 728 Cadets Corp appears trustworthy

92/100Mission Score
$251KRevenue
$31KAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

728 Cadets Corp demonstrates a consistent commitment to its mission, as evidenced by its program spending. In the latest filing period (202309), the organization reported expenses of $248,377 against revenues of $229,646, indicating a slight operating deficit. This trend of expenses exceeding revenue is also observed in the 202209 period ($245,048 expenses vs. $224,040 revenue). While the organization has maintained zero liabilities in recent years, its asset base has fluctuated significantly, from $96,786 in 202109 down to $3,513 in 202309, suggesting a reliance on current period funding rather than substantial reserves. The organization's financial health appears stable given its operational scale, though the recent decline in assets warrants attention. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a focus on directing funds towards programmatic activities. This practice, combined with a clear filing history, suggests a well-managed and accountable organization, despite the recent operating deficits. Spending efficiency is high, with a significant majority of expenses dedicated to programs. The absence of officer compensation further enhances the efficiency of donor dollars. The organization's transparency is excellent, with readily available filings and no reported liabilities in recent periods, indicating sound financial management practices.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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