Quick charity verification for Cannon County Save (EIN: 134269027)
Verdict: Cannon County Save appears trustworthy
92/100Mission Score
$312KRevenue
$349KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial surplus or near-balanced budget (e.g., $311,845 revenue vs. $294,406 expenses in 2023).
0% officer compensation reported across all filings, indicating high efficiency and dedication to mission.
Significant revenue growth over the past decade, from $44,471 in 2015 to $311,845 in 2023.
Strong asset base ($349,346 in 2023) with very low liabilities ($1,484 in 2023).
Consistent and transparent IRS 990 filing history (12 filings).
Spending Breakdown
How Cannon County Save allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Cannon County Save
Is Cannon County Save a legitimate charity?
Based on AI analysis of IRS 990 filings, Cannon County Save (EIN: 134269027) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Cannon County Save a good charity to donate to?
Cannon County Save has a Mission Score of 92/100. Revenue: $312K. Assets: $349K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cannon County Save?
The Employer Identification Number (EIN) for Cannon County Save is 134269027. 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 Cannon County Save spend its money?
Cannon County Save allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cannon County Save's tax-exempt status?
You can verify Cannon County Save's tax-exempt status using EIN 134269027 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
Cannon County Save demonstrates consistent financial health, with revenues generally exceeding or closely matching expenses over the past several years. In the latest filing (202306), the organization reported revenue of $311,845 against expenses of $294,406, indicating a surplus. This trend of managing expenses within or near revenue levels suggests responsible financial stewardship. The organization's assets have also shown growth, reaching $349,346 in 2023, up from $333,132 in 2022, further indicating stability.
The spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to a higher proportion of funds being directed towards programs. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency ratio is difficult to ascertain, but the lack of executive compensation is a positive indicator.
Transparency is high due to the consistent filing of IRS Form 990s over 12 periods, providing a clear historical financial record. The consistent reporting of zero officer compensation enhances trust, as it suggests a strong commitment to directing resources to the mission rather than executive salaries. The organization's low liabilities, such as $1,484 in 2023, also point to sound financial management and a low risk profile.