Is Cardinal Mccloskey School & Home For Children Inc Legit?
Quick charity verification for Cardinal Mccloskey School & Home For Children Inc (EIN: 131740443)
Verdict: Cardinal Mccloskey School & Home For Children Inc appears trustworthy
85/100Mission Score
$72.1MRevenue
$37.6MAssets
1Red Flags
4Strengths
Red Flags
Unusually low or zero reported officer compensation for an organization of this size, which may obscure actual executive remuneration practices.
Strengths
Consistent high revenue generation, typically exceeding $60 million annually.
Operational surpluses in most fiscal years, indicating sound financial management.
Significant growth in assets over the past decade, from $21.3M in 2014 to $39M in 2023.
No reported officer compensation, suggesting a high proportion of funds directed towards mission-related activities.
Spending Breakdown
How Cardinal Mccloskey School & Home For Children Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Cardinal Mccloskey School & Home For Children Inc
Is Cardinal Mccloskey School & Home For Children Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cardinal Mccloskey School & Home For Children Inc (EIN: 131740443) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Cardinal Mccloskey School & Home For Children Inc a good charity to donate to?
Cardinal Mccloskey School & Home For Children Inc has a Mission Score of 85/100. Revenue: $72.1M. Assets: $37.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cardinal Mccloskey School & Home For Children Inc?
The Employer Identification Number (EIN) for Cardinal Mccloskey School & Home For Children Inc is 131740443. 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 Cardinal Mccloskey School & Home For Children Inc spend its money?
Cardinal Mccloskey School & Home For Children Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cardinal Mccloskey School & Home For Children Inc's tax-exempt status?
You can verify Cardinal Mccloskey School & Home For Children Inc's tax-exempt status using EIN 131740443 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
Cardinal McCloskey School & Home For Children Inc demonstrates consistent financial activity with revenues generally exceeding expenses, indicating a stable operational model. For instance, in fiscal year 2023, the organization reported revenues of $71,520,002 against expenses of $70,456,255, resulting in a surplus. This trend of positive net income is observed in most recent filings, contributing to a healthy asset base which stood at $39,003,831 in 2023. The organization's liabilities have also seen an increase, reaching $28,611,781 in 2023, which warrants monitoring to ensure long-term financial stability.
The organization's spending efficiency appears to be robust, with a significant portion of its expenditures likely directed towards its programmatic mission, given the consistent operational surpluses. The absence of reported officer compensation across all available filings is a notable aspect of its financial transparency, suggesting either a volunteer-led executive structure or compensation being reported under different categories, which would require further investigation for complete clarity. The consistent revenue generation, often in the range of $60-70 million annually, indicates a strong funding base.
While the financial data suggests operational stability and efficient use of funds, the lack of reported officer compensation in the provided data could be a point for further inquiry regarding executive leadership structure and compensation practices. The organization's assets have shown growth over the years, from $21,327,572 in 2014 to $39,003,831 in 2023, indicating prudent financial management and accumulation of resources to support its mission.