Is Cambridge Health Alliance Foundation Inc Legit?
Quick charity verification for Cambridge Health Alliance Foundation Inc (EIN: 10676306)
Verdict: Cambridge Health Alliance Foundation Inc appears trustworthy
90/100Mission Score
$4.3MRevenue
$6.7MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided summary data makes precise efficiency analysis challenging.
Consistent 0% officer compensation for an organization with growing revenue and assets could indicate compensation is reported under other categories or that the leadership structure is entirely volunteer, which is uncommon for this scale.
Strengths
Consistent and significant revenue growth over the past decade, from $872,902 in 2015 to $3,325,426 in 2023.
Strong asset accumulation, growing from $1,369,286 in 2015 to $7,649,783 in 2023, indicating financial stability and capacity.
Expenses consistently well below revenue, demonstrating effective financial management and a healthy surplus.
No reported officer compensation across all available filings, suggesting a high dedication of resources to the mission.
Consistent filing of IRS Form 990s over 13 periods, indicating good transparency and compliance.
Spending Breakdown
How Cambridge Health Alliance Foundation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Cambridge Health Alliance Foundation Inc
Is Cambridge Health Alliance Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cambridge Health Alliance Foundation Inc (EIN: 10676306) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is Cambridge Health Alliance Foundation Inc a good charity to donate to?
Cambridge Health Alliance Foundation Inc has a Mission Score of 90/100. Revenue: $4.3M. Assets: $6.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cambridge Health Alliance Foundation Inc?
The Employer Identification Number (EIN) for Cambridge Health Alliance Foundation Inc is 10676306. 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 Cambridge Health Alliance Foundation Inc spend its money?
Cambridge Health Alliance Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cambridge Health Alliance Foundation Inc's tax-exempt status?
You can verify Cambridge Health Alliance Foundation Inc's tax-exempt status using EIN 10676306 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
Cambridge Health Alliance Foundation Inc demonstrates strong financial health and growth, with its assets increasing from $1,369,286 in 2015 to $7,649,783 in 2023. The organization consistently generates more revenue than expenses, as seen in the 2023 period where revenue was $3,325,426 against expenses of $1,129,755. This indicates effective financial management and a healthy surplus for future operations or program expansion. The absence of officer compensation reported across all available filings suggests a volunteer-led or very lean executive structure, which can be a positive indicator of resource allocation directly to the mission.
The foundation's spending efficiency appears high, given the significant gap between revenue and expenses. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall financial picture suggests that a substantial portion of funds are retained or used for its stated purpose, rather than being consumed by overhead. The consistent growth in assets further supports the idea that the organization is building capacity and sustainability.
In terms of transparency, the consistent filing of IRS Form 990s over 13 periods is a strong positive. The readily available financial data allows for public scrutiny and demonstrates a commitment to accountability. The lack of reported officer compensation also contributes to a perception of transparency and a focus on mission over individual gain. Overall, the foundation appears to be a financially sound and well-managed entity.