Quick charity verification for Cape Fear Child Development Center (EIN: 203047002)
Verdict: Cape Fear Child Development Center appears trustworthy
85/100Mission Score
$852KRevenue
$0Assets
2Red Flags
4Strengths
Red Flags
Fluctuating and sometimes negative asset balances in earlier years (e.g., -$1,000 in 2015, $3,057 in 2022)
Lack of detailed expense breakdown in provided data to fully assess program vs. administrative spending ratios.
Strengths
Strong revenue growth, increasing from $133,579 in 2015 to $806,682 in 2023.
Consistent reporting of 0% officer compensation across all filings, indicating high efficiency and mission focus.
Positive net assets in the latest filing ($35,098 in 2023), showing improved financial stability.
Expenses generally kept below revenue in recent years (e.g., $749,135 expenses vs. $806,682 revenue in 2023).
Spending Breakdown
How Cape Fear Child Development Center allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Cape Fear Child Development Center
Is Cape Fear Child Development Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Cape Fear Child Development Center (EIN: 203047002) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Cape Fear Child Development Center a good charity to donate to?
Cape Fear Child Development Center has a Mission Score of 85/100. Revenue: $852K. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cape Fear Child Development Center?
The Employer Identification Number (EIN) for Cape Fear Child Development Center is 203047002. 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 Cape Fear Child Development Center spend its money?
Cape Fear Child Development Center allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cape Fear Child Development Center's tax-exempt status?
You can verify Cape Fear Child Development Center's tax-exempt status using EIN 203047002 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
Cape Fear Child Development Center demonstrates a generally stable financial position, with recent filings showing positive net assets in 2023 ($35,098) after a period of fluctuating and sometimes negative asset balances. The organization's revenue has shown significant growth over the past decade, from $133,579 in 2015 to $806,682 in 2023, indicating increased operational scale. Their spending efficiency appears strong, with expenses in 2023 ($749,135) being less than revenue, contributing to asset growth. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards programs rather than executive salaries, which is a positive indicator of financial transparency and mission focus. However, the lack of detailed expense breakdowns in the provided data makes a precise assessment of program versus administrative spending challenging.