Is Cannon Dial Elm Club Inc Legit?

Quick charity verification for Cannon Dial Elm Club Inc (EIN: 210439210)

Verdict: Cannon Dial Elm Club Inc appears trustworthy

85/100Mission Score

$2.8MRevenue

$6.6MAssets

1Red Flags

5Strengths

Red Flags

Lack of detailed expense breakdown (program, admin, fundraising) in provided data limits granular efficiency analysis.

Strengths

Consistent financial surpluses, with revenue exceeding expenses in most reported periods (e.g., 2024: $2,486,746 revenue vs. $2,002,669 expenses).
Significant reduction in liabilities over time, from $2,071,799 in 2015 to $21,066 in 2024, indicating strong financial management.
Steady growth in assets, increasing from $4,358,714 in 2015 to $6,070,316 in 2024.
No reported officer compensation, suggesting low administrative overhead in this specific category.
Strong financial stability and sustainability demonstrated by consistent positive net assets and debt reduction.

Spending Breakdown

How Cannon Dial Elm Club Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Dial Elm Club Inc

Is Cannon Dial Elm Club Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Cannon Dial Elm Club Inc (EIN: 210439210) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.

Is Cannon Dial Elm Club Inc a good charity to donate to?

Cannon Dial Elm Club Inc has a Mission Score of 85/100. Revenue: $2.8M. Assets: $6.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Cannon Dial Elm Club Inc?

The Employer Identification Number (EIN) for Cannon Dial Elm Club Inc is 210439210. 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 Dial Elm Club Inc spend its money?

Cannon Dial Elm Club Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Cannon Dial Elm Club Inc's tax-exempt status?

You can verify Cannon Dial Elm Club Inc's tax-exempt status using EIN 210439210 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 Dial Elm Club Inc. demonstrates consistent financial health with a positive net income trend over the past several years. For the period ending June 2024, the organization reported revenues of $2,486,746 against expenses of $2,002,669, resulting in a surplus. This trend of revenues exceeding expenses is generally observed across its filing history, indicating sound financial management and sustainability. The organization's assets have also shown steady growth, increasing from $4,358,714 in 2015 to $6,070,316 in 2024, while liabilities have significantly decreased from $2,071,799 to $21,066 over the same period, which is a strong indicator of improving financial stability and reduced debt burden.

The spending efficiency appears robust, particularly given the consistent surpluses and asset growth. The absence of reported officer compensation across all filings suggests that the organization's leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to lower administrative overhead. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited. The NTEE code N50 typically relates to 'Fraternities, Sororities, Social Clubs', suggesting its primary activities are likely member-focused rather than broad public programs.

Transparency regarding executive compensation is high, as zero officer compensation is reported. However, the lack of detailed expense breakdowns in the provided data limits a full assessment of how funds are allocated between programs, administration, and fundraising. While the overall financial picture is positive, more granular expense data would enhance transparency and allow for a more precise evaluation of spending efficiency and program impact.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.