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.
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.