Quick charity verification for Cathance River Education Alliance Inc (EIN: 10538224)
Verdict: Cathance River Education Alliance Inc appears trustworthy
90/100Mission Score
$200KRevenue
$330KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent operating surpluses (e.g., $24,073 in 2022)
Extremely low liabilities ($3,827 in 2022)
No reported officer compensation across all filings
Stable asset base relative to its size ($330,467 in 2022)
Consistent IRS 990 filing history demonstrating transparency
Spending Breakdown
How Cathance River Education Alliance 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 Cathance River Education Alliance Inc
Is Cathance River Education Alliance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cathance River Education Alliance Inc (EIN: 10538224) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Cathance River Education Alliance Inc a good charity to donate to?
Cathance River Education Alliance Inc has a Mission Score of 90/100. Revenue: $200K. Assets: $330K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cathance River Education Alliance Inc?
The Employer Identification Number (EIN) for Cathance River Education Alliance Inc is 10538224. 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 Cathance River Education Alliance Inc spend its money?
Cathance River Education Alliance Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cathance River Education Alliance Inc's tax-exempt status?
You can verify Cathance River Education Alliance Inc's tax-exempt status using EIN 10538224 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
Cathance River Education Alliance Inc (CREA) demonstrates a generally stable financial position, with recent revenues consistently covering expenses. In 2022, CREA reported revenues of $199,868 against expenses of $175,795, indicating a surplus. The organization's assets have fluctuated over the years, peaking at $427,343 in 2017 and currently standing at $330,467. Liabilities remain very low, at $3,827 in 2022, suggesting good financial management and minimal debt.
CREA appears to be efficient in its spending, as evidenced by its consistent ability to operate within its means. The absence of reported officer compensation across all available filings indicates a strong volunteer-driven model or that compensation falls below reporting thresholds, which can contribute to lower administrative costs. This suggests a high proportion of funds are likely directed towards program delivery.
Transparency is strong given the consistent filing of IRS Form 990s, providing public access to their financial data. The lack of reported officer compensation also enhances the perception of transparency regarding how funds are allocated. Overall, CREA exhibits sound financial health and a commitment to its mission through efficient resource utilization.