Is Carteret County Public School Foundation Legit?
Quick charity verification for Carteret County Public School Foundation (EIN: 200433635)
Verdict: Carteret County Public School Foundation appears trustworthy
92/100Mission Score
$575KRevenue
$843KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent zero liabilities across all filings, indicating strong financial health.
No reported officer compensation, suggesting efficient use of funds for mission-related activities.
Consistent growth in assets, from $148,484 in 2014 to $673,873 in 2023.
Strong program spending ratio, with an estimated 90% of expenses directed to programs.
Positive net assets and no debt, demonstrating fiscal responsibility.
Spending Breakdown
How Carteret County Public School Foundation 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 Carteret County Public School Foundation
Is Carteret County Public School Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Carteret County Public School Foundation (EIN: 200433635) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Carteret County Public School Foundation a good charity to donate to?
Carteret County Public School Foundation has a Mission Score of 92/100. Revenue: $575K. Assets: $843K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Carteret County Public School Foundation?
The Employer Identification Number (EIN) for Carteret County Public School Foundation is 200433635. 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 Carteret County Public School Foundation spend its money?
Carteret County Public School Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Carteret County Public School Foundation's tax-exempt status?
You can verify Carteret County Public School Foundation's tax-exempt status using EIN 200433635 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
The Carteret County Public School Foundation demonstrates a generally healthy financial position with consistent asset growth over the past decade, reaching $673,873 in 2023. The organization consistently maintains zero liabilities, indicating strong financial management and no reliance on debt. Revenue has fluctuated, with a notable peak of $598,941 in 2018 and a more recent trend showing $307,502 in 2023. The foundation's spending efficiency appears strong, as evidenced by its consistent program focus and the absence of officer compensation, suggesting that resources are primarily directed towards its mission. The lack of reported officer compensation also contributes positively to its transparency profile, as it indicates that leadership is likely volunteer-based or compensated through other means not requiring disclosure as officer compensation.