Is Capital Area Schools Health Insur Consortium Legit?
Quick charity verification for Capital Area Schools Health Insur Consortium (EIN: 146168576)
Verdict: Capital Area Schools Health Insur Consortium appears trustworthy
95/100Mission Score
$295.8MRevenue
$85.2MAssets
2Red Flags
4Strengths
Red Flags
NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
Consistent 0% officer compensation for an organization of this scale is unusual and warrants further inquiry into how leadership is compensated or structured.
Strengths
Extremely high program spending ratio, with expenses closely matching revenue (e.g., 202406: $268,942,609 expenses vs. $270,832,204 revenue).
No reported officer compensation across all filings, indicating a strong commitment to directing funds to its mission.
Consistent and significant growth in revenue and assets over the past decade, demonstrating financial stability and expansion.
Low liabilities relative to assets, suggesting a healthy balance sheet (e.g., 202406: $8,168,876 liabilities vs. $87,312,475 assets).
Spending Breakdown
How Capital Area Schools Health Insur Consortium allocates its funds across programs, administration, and fundraising.
99%
Program Spending
Healthy — majority goes to mission
1%
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 Capital Area Schools Health Insur Consortium
Is Capital Area Schools Health Insur Consortium a legitimate charity?
Based on AI analysis of IRS 990 filings, Capital Area Schools Health Insur Consortium (EIN: 146168576) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 4 strengths noted.
Is Capital Area Schools Health Insur Consortium a good charity to donate to?
Capital Area Schools Health Insur Consortium has a Mission Score of 95/100. Revenue: $295.8M. Assets: $85.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Capital Area Schools Health Insur Consortium?
The Employer Identification Number (EIN) for Capital Area Schools Health Insur Consortium is 146168576. 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 Capital Area Schools Health Insur Consortium spend its money?
Capital Area Schools Health Insur Consortium allocates 99% to programs, 1% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Capital Area Schools Health Insur Consortium's tax-exempt status?
You can verify Capital Area Schools Health Insur Consortium's tax-exempt status using EIN 146168576 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
Capital Area Schools Health Insur Consortium demonstrates strong financial health and efficiency, primarily due to its operational model as a health insurance consortium for schools. The organization consistently reports very high program spending, with expenses closely tracking revenue, indicating that the vast majority of funds are directly applied to its core purpose of providing health insurance. For instance, in the 202406 period, expenses were $268,942,609 against revenues of $270,832,204, showing a high degree of efficiency. The consistent growth in revenue and assets over the past decade, from $111 million in 2015 to over $270 million in 2024, reflects a stable and expanding operation. The absence of reported officer compensation across all filings further enhances its transparency and commitment to directing resources to its mission.