Is Cancao Nova Catholic Community Legit?

Quick charity verification for Cancao Nova Catholic Community (EIN: 203374420)

Verdict: Cancao Nova Catholic Community appears trustworthy

75/100Mission Score
$182KRevenue
$26KAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Cancao Nova Catholic Community demonstrates a fluctuating financial picture over the past decade, with revenues and expenses varying significantly year-to-year. For instance, revenue jumped from $98,299 in 2022 to $225,521 in 2023, while expenses also increased from $105,060 to $204,632 in the same period. The organization consistently reports 0% officer compensation, which is a positive indicator for donor confidence regarding executive pay. However, the available data does not provide a detailed breakdown of program, administrative, and fundraising expenses, making it challenging to fully assess spending efficiency. The organization's assets have also fluctuated, reaching a high of $49,405 in 2014 and $53,473 in 2023, but also showing periods of lower asset accumulation. The lack of detailed expense categorization in the provided summary limits a comprehensive analysis of their operational efficiency and program focus.

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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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