Quick charity verification for Candid (EIN: 131837418)
Verdict: Candid appears trustworthy
85/100Mission Score
$71.0MRevenue
$106.9MAssets
2Red Flags
4Strengths
Red Flags
Unusually low (0%) reported officer compensation, which may obscure actual executive remuneration if categorized elsewhere.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, hindering a precise assessment of spending efficiency.
Strengths
Consistent financial solvency with assets significantly exceeding liabilities (e.g., $100M assets vs. $30M liabilities in 2023).
History of positive net income in most years, indicating sustainable operations and responsible financial management.
Significant and growing asset base, providing financial stability and capacity for future initiatives (e.g., assets grew from $45M in 2018 to $106M currently).
Consistent revenue generation, demonstrating strong support for its mission.
Spending Breakdown
How Candid allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Candid
Is Candid a legitimate charity?
Based on AI analysis of IRS 990 filings, Candid (EIN: 131837418) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Candid a good charity to donate to?
Candid has a Mission Score of 85/100. Revenue: $71.0M. Assets: $106.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Candid?
The Employer Identification Number (EIN) for Candid is 131837418. 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 Candid spend its money?
Candid allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Candid's tax-exempt status?
You can verify Candid's tax-exempt status using EIN 131837418 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
Candid demonstrates a generally stable financial position, with assets consistently exceeding liabilities across all reported periods. For instance, in 2023, assets were $100,177,752 against liabilities of $30,594,864, indicating strong financial solvency. The organization has shown consistent revenue generation, with the latest reported revenue at $71,011,693, and expenses typically well-managed within revenue streams, as seen in 2023 where expenses were $36,022,947 against $43,212,468 in revenue. This suggests a healthy operational surplus in most years, contributing to asset growth.
While specific program, administrative, and fundraising spending ratios are not explicitly detailed in the provided data, the consistent operational surpluses imply efficient management of resources. The absence of reported officer compensation across all filings is a notable aspect of its transparency, suggesting either a volunteer leadership structure or compensation being reported under other categories not specified here. This practice, if it means no compensation, would be a significant indicator of resource dedication to the mission.
Overall, Candid appears to be a financially sound organization with a history of responsible fiscal management. Its consistent asset growth and positive net income in most years reflect a sustainable operational model. The lack of reported officer compensation is a unique characteristic that, depending on the underlying structure, could be viewed as a strong commitment to minimizing overhead.