Is Care Net Pregnancy Center Of Greater Concord Legit?
Quick charity verification for Care Net Pregnancy Center Of Greater Concord (EIN: 20393952)
Verdict: Care Net Pregnancy Center Of Greater Concord appears trustworthy
75/100Mission Score
$358KRevenue
$382KAssets
2Red Flags
3Strengths
Red Flags
Expenses ($277,354) exceeded revenue ($241,398) in the latest fiscal period (202312), indicating a deficit.
Significant increase in liabilities from $953 in 2017 to $142,275 in 2023, which requires further understanding of their nature.
Strengths
Consistent growth in assets, from $99,632 in 2014 to $353,127 in 2023, indicating financial stability.
No reported officer compensation across all available filings, suggesting efficient use of funds and potentially volunteer leadership.
History of consistent IRS 990 filings, demonstrating transparency and compliance.
Spending Breakdown
How Care Net Pregnancy Center Of Greater Concord allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Care Net Pregnancy Center Of Greater Concord
Is Care Net Pregnancy Center Of Greater Concord a legitimate charity?
Based on AI analysis of IRS 990 filings, Care Net Pregnancy Center Of Greater Concord (EIN: 20393952) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Care Net Pregnancy Center Of Greater Concord a good charity to donate to?
Care Net Pregnancy Center Of Greater Concord has a Mission Score of 75/100. Revenue: $358K. Assets: $382K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Care Net Pregnancy Center Of Greater Concord?
The Employer Identification Number (EIN) for Care Net Pregnancy Center Of Greater Concord is 20393952. 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 Care Net Pregnancy Center Of Greater Concord spend its money?
Care Net Pregnancy Center Of Greater Concord allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Care Net Pregnancy Center Of Greater Concord's tax-exempt status?
You can verify Care Net Pregnancy Center Of Greater Concord's tax-exempt status using EIN 20393952 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
Care Net Pregnancy Center Of Greater Concord demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses over the past decade. The organization's assets have shown growth, reaching $353,127 in 2023, up from $99,632 in 2014, indicating a stable financial position. However, the most recent filing (2023) shows expenses ($277,354) exceeding revenue ($241,398), resulting in a deficit for that period. This trend warrants monitoring to ensure long-term sustainability.
The organization's transparency is bolstered by its consistent IRS 990 filings, which show no reported officer compensation across all available periods. This suggests that the organization is either volunteer-led at the executive level or compensation falls below reporting thresholds, which can be a positive indicator of resource allocation directly to mission. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The increase in liabilities from $953 in 2017 to $142,275 in 2023 also merits further investigation to understand the nature of these obligations.
Overall, while the organization maintains a healthy asset base and has a history of prudent financial management, the recent deficit and increasing liabilities are areas to watch. The absence of reported executive compensation is a strong point for transparency and resource allocation, but a more granular expense breakdown would provide greater insight into operational efficiency.