Is Cattaraugus Co Project Head Start Cattaragus And Wyoming Co Pr Legit?

Quick charity verification for Cattaraugus Co Project Head Start Cattaragus And Wyoming Co Pr (EIN: 161504738)

Verdict: Cattaraugus Co Project Head Start Cattaragus And Wyoming Co Pr appears trustworthy

80/100Mission Score

$5.3MRevenue

$1.2MAssets

2Red Flags

4Strengths

Red Flags

Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into how executive leadership is compensated.
NTEE code is unknown, making it harder to benchmark against similar organizations.

Strengths

Consistent revenue generation, averaging over $4.5 million annually over the past decade.
Assets consistently exceed liabilities, indicating financial stability (e.g., $999,670 in assets vs. $759,806 in liabilities in 2023).
Regular and timely filing of IRS Form 990s, demonstrating transparency and compliance.
Expenses closely align with revenues, suggesting efficient utilization of funds for operations (e.g., 2023 expenses of $5,195,570 against revenues of $5,155,004).

Spending Breakdown

How Cattaraugus Co Project Head Start Cattaragus And Wyoming Co Pr allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Cattaraugus Co Project Head Start Cattaragus And Wyoming Co Pr

Is Cattaraugus Co Project Head Start Cattaragus And Wyoming Co Pr a legitimate charity?

Based on AI analysis of IRS 990 filings, Cattaraugus Co Project Head Start Cattaragus And Wyoming Co Pr (EIN: 161504738) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.

Is Cattaraugus Co Project Head Start Cattaragus And Wyoming Co Pr a good charity to donate to?

Cattaraugus Co Project Head Start Cattaragus And Wyoming Co Pr has a Mission Score of 80/100. Revenue: $5.3M. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Cattaraugus Co Project Head Start Cattaragus And Wyoming Co Pr?

The Employer Identification Number (EIN) for Cattaraugus Co Project Head Start Cattaragus And Wyoming Co Pr is 161504738. 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 Cattaraugus Co Project Head Start Cattaragus And Wyoming Co Pr spend its money?

Cattaraugus Co Project Head Start Cattaragus And Wyoming Co Pr allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Cattaraugus Co Project Head Start Cattaragus And Wyoming Co Pr's tax-exempt status?

You can verify Cattaraugus Co Project Head Start Cattaragus And Wyoming Co Pr's tax-exempt status using EIN 161504738 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

Cattaraugus Co Project Head Start Cattaragus And Wyoming Co Pr demonstrates consistent financial activity, with revenues and expenses generally in close alignment over the past decade. For instance, in 2023, expenses of $5,195,570 slightly exceeded revenues of $5,155,004, indicating a tight operating margin. The organization's assets have fluctuated, reaching a high of $1,426,987 in 2022 before decreasing to $999,670 in 2023, while liabilities have also seen variations. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission, or that executive compensation is reported under other categories, which would warrant further investigation for full transparency. Overall, the organization appears to manage its finances prudently given its operational scale.

The organization's financial health appears stable, with sufficient assets to cover liabilities, as seen in 2023 where assets of $999,670 comfortably exceeded liabilities of $759,806. The consistent revenue generation, hovering around the $4-5 million mark annually, indicates a reliable funding base. While the NTEE code is unknown, the name 'Head Start' strongly implies a focus on early childhood education, a program area typically funded through government grants. The absence of reported officer compensation is a notable point for transparency, suggesting either a volunteer leadership structure or that compensation is categorized differently, which could impact a full understanding of administrative costs.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the close proximity of revenues and expenses year-over-year suggests that the organization is spending nearly all its income on its operations, which is common for service-delivery nonprofits. The lack of reported officer compensation is a positive indicator for efficiency if it means lower overhead, but without a full functional expense breakdown, a definitive conclusion on spending efficiency cannot be made. The organization's consistent filing of IRS 990s demonstrates a commitment to regulatory transparency.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.