Quick charity verification for Carroll Technology Council Inc (EIN: 200537495)
Verdict: Carroll Technology Council Inc appears trustworthy
90/100Mission Score
$615KRevenue
$375KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation across all filings, indicating strong financial stewardship.
Significant revenue growth, with 202312 revenue at $389,169, demonstrating increasing support and activity.
Healthy asset growth, reaching $368,724 in 202312, improving financial stability.
Positive net income in most recent periods (e.g., $88,212 in 202312), contributing to reserves.
Consistent IRS 990 filing history (13 filings), indicating transparency and compliance.
Spending Breakdown
How Carroll Technology Council Inc 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 Carroll Technology Council Inc
Is Carroll Technology Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Carroll Technology Council Inc (EIN: 200537495) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Carroll Technology Council Inc a good charity to donate to?
Carroll Technology Council Inc has a Mission Score of 90/100. Revenue: $615K. Assets: $375K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Carroll Technology Council Inc?
The Employer Identification Number (EIN) for Carroll Technology Council Inc is 200537495. 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 Carroll Technology Council Inc spend its money?
Carroll Technology Council Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Carroll Technology Council Inc's tax-exempt status?
You can verify Carroll Technology Council Inc's tax-exempt status using EIN 200537495 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
Carroll Technology Council Inc has demonstrated significant growth in its financial activity, particularly in its most recent filing period (202312) where revenue reached $389,169, a substantial increase from previous years. This growth has also led to a healthy increase in assets, reaching $368,724 in 202312, indicating a strengthening financial position. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. While specific program spending details are not provided in the summary data, the consistent lack of officer compensation suggests a focus on operational efficiency.
The organization's financial health appears to be improving, with revenue consistently exceeding expenses in recent years, such as in 202312 where revenue was $389,169 against expenses of $300,957. This surplus contributes to asset growth and provides a buffer for future operations. The liabilities have also increased alongside assets, reaching $175,688 in 202312, which warrants monitoring but is not necessarily a red flag given the overall growth. The consistent filing of IRS 990s over 13 periods demonstrates a commitment to regulatory compliance and transparency.
Overall, Carroll Technology Council Inc appears to be a financially stable and growing organization. Its consistent reporting of zero officer compensation is a notable strength, suggesting a high degree of financial prudence and a focus on its stated purpose. The recent surge in revenue and assets indicates a positive trajectory for its financial health and capacity to deliver on its mission.