Is Cantors Assembly Inc Legit?

Quick charity verification for Cantors Assembly Inc (EIN: 131959506)

Verdict: Cantors Assembly Inc appears trustworthy

92/100Mission Score
$719KRevenue
$1.9MAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Cantors Assembly Inc. demonstrates consistent financial activity, with annual revenues generally fluctuating between $544,456 and $907,727 over the past decade. The organization's assets have shown a positive growth trend, increasing from $650,379 in 2014 to $1,675,506 in 2023, indicating sound asset management. While there have been periods where expenses exceeded revenue, such as in 2023 ($618,751 expenses vs. $544,456 revenue) and 2022 ($820,628 expenses vs. $763,201 revenue), these deficits appear to be managed without significant long-term impact on overall financial health, likely covered by reserves built in surplus years. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice significantly enhances its financial health and public trust. The organization's liabilities have remained relatively low compared to its assets, with the highest reported at $122,931 in 2023 against $1,675,506 in assets, suggesting good financial solvency. The consistent filing of IRS 990 forms over 14 periods further underscores its commitment to transparency. The absence of executive compensation is a notable strength, ensuring that donor funds are not diverted to high salaries. Overall, Cantors Assembly Inc. appears to be a financially stable and transparent organization, effectively managing its resources to support its mission.

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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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