Is Block 4 Community Urban Redevelopment Corporation Legit?
Quick charity verification for Block 4 Community Urban Redevelopment Corporation (EIN: 202024384)
Verdict: Block 4 Community Urban Redevelopment Corporation has notable concerns
10/100Mission Score
$723KRevenue
$3.5MAssets
5Red Flags
1Strengths
Red Flags
Consistent negative assets for the past four years, indicating severe insolvency (e.g., -$3,216,687 in 202312).
Extremely high liabilities consistently exceeding $16 million, reaching $17,557,590 in 202312.
Revenue significantly lower than expenses in recent years (e.g., $0 revenue vs. $1,376,404 expenses in 202312).
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering transparency.
Dramatic fluctuations in revenue year-over-year, from $3,007,209 in 201912 to $0 in 202312, indicating unstable funding.
Strengths
Reported 0% officer compensation across all filings, suggesting a commitment to minimizing executive overhead.
Spending Breakdown
How Block 4 Community Urban Redevelopment Corporation allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
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 Block 4 Community Urban Redevelopment Corporation
Is Block 4 Community Urban Redevelopment Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Block 4 Community Urban Redevelopment Corporation (EIN: 202024384) has notable concerns. Mission Score: 10/100. 5 red flags identified, 1 strength noted.
Is Block 4 Community Urban Redevelopment Corporation a good charity to donate to?
Block 4 Community Urban Redevelopment Corporation has a Mission Score of 10/100. Revenue: $723K. Assets: $3.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Block 4 Community Urban Redevelopment Corporation?
The Employer Identification Number (EIN) for Block 4 Community Urban Redevelopment Corporation is 202024384. 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 Block 4 Community Urban Redevelopment Corporation spend its money?
Block 4 Community Urban Redevelopment Corporation allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Block 4 Community Urban Redevelopment Corporation's tax-exempt status?
You can verify Block 4 Community Urban Redevelopment Corporation's tax-exempt status using EIN 202024384 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
Block 4 Community Urban Redevelopment Corporation exhibits significant financial instability and a concerning lack of transparency regarding its operational spending. The organization has reported negative assets for the past four years, culminating in a staggering negative $3,216,687 in assets for the 202312 period, alongside liabilities exceeding $17 million. This indicates a severe insolvency issue. While officer compensation is consistently reported as 0%, which could be a positive for donor perception, the absence of detailed expense breakdowns in the provided data makes it impossible to assess spending efficiency across programs, administration, and fundraising. The dramatic fluctuations in revenue and consistent high expenses, often exceeding revenue by a significant margin (e.g., $0 revenue vs. $1,376,404 expenses in 202312), raise serious questions about the sustainability and financial management of the organization. Without a clear picture of how the substantial expenses are allocated, it is difficult to determine if funds are being used effectively towards their stated mission.