Is C A C Foundation Inc Legit?

Quick charity verification for C A C Foundation Inc (EIN: 161603892)

Verdict: C A C Foundation Inc appears trustworthy

90/100Mission Score
$1.7MRevenue
$1.2MAssets
0Red Flags
4Strengths

No red flags identified.

Strengths

AI Transparency Report

C A C Foundation Inc demonstrates consistent operational activity with revenues generally exceeding or closely matching expenses over the past decade, indicating stable financial management. For instance, in 2023, expenses of $1,372,234 were slightly higher than revenues of $1,368,867, a minor deficit that doesn't suggest significant financial distress given the overall trend. The organization's assets have shown growth, reaching $1,190,009 in 2023 from $146,245 in 2014, reflecting an accumulation of resources. Liabilities have also increased over time, but the asset-to-liability ratio remains healthy, with assets significantly exceeding liabilities. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice suggests a volunteer-led or very lean administrative structure at the top.

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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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