Is Catholic Labor Network Georgetown University Mcquire Hall Legit?
Quick charity verification for Catholic Labor Network Georgetown University Mcquire Hall (EIN: 208926437)
Verdict: Catholic Labor Network Georgetown University Mcquire Hall appears trustworthy
75/100Mission Score
$29KRevenue
$307KAssets
3Red Flags
4Strengths
Red Flags
Inconsistent financial performance with expenses exceeding revenue in multiple years (e.g., 2022, 2020).
Significant volatility in assets, ranging from $52,306 in 2022 to $376,921 in 2023, indicating potential instability.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering full spending efficiency assessment.
Strengths
No reported officer compensation for five consecutive years, indicating volunteer leadership and efficient use of funds at the executive level.
Consistent filing of IRS Form 990s, demonstrating commitment to transparency.
Relatively low liabilities across most years, suggesting responsible debt management.
Strong revenue generation in 2023 ($430,636) leading to a significant increase in assets.
Spending Breakdown
How Catholic Labor Network Georgetown University Mcquire Hall allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Catholic Labor Network Georgetown University Mcquire Hall
Is Catholic Labor Network Georgetown University Mcquire Hall a legitimate charity?
Based on AI analysis of IRS 990 filings, Catholic Labor Network Georgetown University Mcquire Hall (EIN: 208926437) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
Is Catholic Labor Network Georgetown University Mcquire Hall a good charity to donate to?
Catholic Labor Network Georgetown University Mcquire Hall has a Mission Score of 75/100. Revenue: $29K. Assets: $307K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Catholic Labor Network Georgetown University Mcquire Hall?
The Employer Identification Number (EIN) for Catholic Labor Network Georgetown University Mcquire Hall is 208926437. 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 Catholic Labor Network Georgetown University Mcquire Hall spend its money?
Catholic Labor Network Georgetown University Mcquire Hall allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Catholic Labor Network Georgetown University Mcquire Hall's tax-exempt status?
You can verify Catholic Labor Network Georgetown University Mcquire Hall's tax-exempt status using EIN 208926437 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 Catholic Labor Network at Georgetown University Mcquire Hall demonstrates a fluctuating financial performance over the past five years. While the organization reported significant revenue in 2023 ($430,636) and a positive net income, its expenses have often exceeded revenue in prior years, such as in 2022 ($286,537 expenses vs. $174,391 revenue) and 2020 ($330,496 expenses vs. $256,028 revenue). This indicates a need for more consistent financial planning or revenue generation to ensure long-term stability. The organization's assets have also varied considerably, from a low of $52,306 in 2022 to a high of $376,921 in 2023, suggesting an inconsistent financial base.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the absence of reported officer compensation across all five filings is a positive indicator of efficient use of funds at the executive level and suggests a volunteer-driven leadership structure, which can contribute to lower administrative overhead. The relatively low liabilities in most years also point to responsible financial management regarding debt.
In terms of transparency, the consistent filing of IRS Form 990s is a good practice. The lack of officer compensation is a strong point for transparency and public trust. However, without more granular expense data, it's challenging to fully evaluate how effectively donor funds are being allocated to direct program services versus other operational costs. The significant swings in revenue and assets warrant closer examination for potential donors.