Quick charity verification for Canyon Springs Marketplace North Corp (EIN: 202313717)
Verdict: Canyon Springs Marketplace North Corp has notable concerns
10/100Mission Score
$4.6MRevenue
$40.6MAssets
3Red Flags
4Strengths
Red Flags
Consistent reporting of $0 expenses despite significant revenue (e.g., $2,046,637 in 202312), which is highly unusual and lacks transparency.
Inability to assess spending efficiency or program effectiveness due to missing expense data.
Lack of detailed financial information makes it impossible to verify the organization's operational activities.
Strengths
Consistent revenue generation, averaging over $2 million annually.
Strong asset base, consistently over $40 million, indicating good asset management.
Low liabilities relative to assets, suggesting financial stability.
No reported officer compensation, indicating no direct executive salaries from the organization.
Spending Breakdown
How Canyon Springs Marketplace North Corp allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
Admin Costs
Reasonable — admin costs in check
0%
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 Canyon Springs Marketplace North Corp
Is Canyon Springs Marketplace North Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Canyon Springs Marketplace North Corp (EIN: 202313717) has notable concerns. Mission Score: 10/100. 3 red flags identified, 4 strengths noted.
Is Canyon Springs Marketplace North Corp a good charity to donate to?
Canyon Springs Marketplace North Corp has a Mission Score of 10/100. Revenue: $4.6M. Assets: $40.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Canyon Springs Marketplace North Corp?
The Employer Identification Number (EIN) for Canyon Springs Marketplace North Corp is 202313717. 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 Canyon Springs Marketplace North Corp spend its money?
Canyon Springs Marketplace North Corp allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Canyon Springs Marketplace North Corp's tax-exempt status?
You can verify Canyon Springs Marketplace North Corp's tax-exempt status using EIN 202313717 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
Canyon Springs Marketplace North Corp's financial health appears stable, with consistent revenue generation over the past decade, averaging over $2 million annually. The organization consistently reports $0 in expenses across all available filings, which is highly unusual for any operating entity, nonprofit or otherwise. This lack of reported expenses makes it impossible to assess spending efficiency or program effectiveness. Without a breakdown of how funds are utilized, particularly for program services, administrative costs, or fundraising, the organization's financial transparency is severely limited. The consistent growth in assets, reaching over $40 million, while liabilities remain relatively low, suggests strong asset management, but the absence of expense reporting prevents a comprehensive financial analysis.
The NTEE code S470 (Community Development Corporations) suggests a mission focused on community improvement, but the financial data provides no insight into how this mission is being achieved. The organization's consistent reporting of zero officer compensation is a positive note regarding executive pay, but it doesn't compensate for the overall lack of expenditure detail. To improve transparency and allow for proper financial assessment, Canyon Springs Marketplace North Corp would need to provide detailed expense breakdowns in future filings.