Is Caribou Congregate Housing Development Corporation Inc Legit?
Quick charity verification for Caribou Congregate Housing Development Corporation Inc (EIN: 222557798)
Verdict: Caribou Congregate Housing Development Corporation Inc appears trustworthy
75/100Mission Score
$245KRevenue
$338KAssets
2Red Flags
3Strengths
Red Flags
Consistent decline in total assets from $500,551 in 2016 to $338,498 in 2023, which could impact long-term sustainability.
Lack of reported compensation for key personnel ('c0%') might indicate reliance on volunteers or external funding for salaries, or a reporting anomaly.
Strengths
Stable revenue stream over the past several years, demonstrating consistent operational income.
Low administrative and fundraising costs, suggesting a high percentage of funds are directed towards programs.
Consistent operational history dating back to at least 2016.
Spending Breakdown
How Caribou Congregate Housing Development Corporation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Caribou Congregate Housing Development Corporation Inc
Is Caribou Congregate Housing Development Corporation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Caribou Congregate Housing Development Corporation Inc (EIN: 222557798) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Caribou Congregate Housing Development Corporation Inc a good charity to donate to?
Caribou Congregate Housing Development Corporation Inc has a Mission Score of 75/100. Revenue: $245K. Assets: $338K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Caribou Congregate Housing Development Corporation Inc?
The Employer Identification Number (EIN) for Caribou Congregate Housing Development Corporation Inc is 222557798. 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 Caribou Congregate Housing Development Corporation Inc spend its money?
Caribou Congregate Housing Development Corporation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Caribou Congregate Housing Development Corporation Inc's tax-exempt status?
You can verify Caribou Congregate Housing Development Corporation Inc's tax-exempt status using EIN 222557798 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
Caribou Congregate Housing Development Corporation Inc is a housing & shelter nonprofit based in Presque Isle, Maine, with reported revenue of $245K and assets of $338K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation is not reported in the provided filings, with 'c0%' consistently listed, suggesting no direct compensation for key personnel from the organization's funds. Revenue has grown +15% across 13 filing periods.