Is Ccems Inc Legit?

Quick charity verification for Ccems Inc (EIN: 134263811)

Verdict: Ccems Inc appears trustworthy

85/100Mission Score
$487KRevenue
$510KAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Ccems Inc demonstrates consistent financial activity over the past five years, with revenues fluctuating between approximately $350,000 and $630,000. The organization appears to maintain a healthy asset base, with assets consistently exceeding liabilities, indicating financial stability. For instance, in 2018, assets were $509,684 against liabilities of $116. A notable aspect of their financial management is the reported 0% officer compensation across all available filings, which suggests a strong commitment to directing funds towards the organization's mission rather than executive salaries. This practice enhances their spending efficiency and transparency profile. While specific program spending details are not provided in the summary data, the absence of officer compensation is a positive indicator of efficient resource allocation. The organization's revenue has seen a decline from a high of $628,408 in 2015 to $351,956 in 2018, which warrants closer examination of their funding strategies. However, the consistent positive net assets suggest prudent financial management despite revenue fluctuations. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, providing public access to its financial data.

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Disclaimer

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

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