Is Celebration Inc Legit?

Quick charity verification for Celebration Inc (EIN: 10365189)

Verdict: Celebration Inc appears trustworthy

85/100Mission Score
$13.1MRevenue
$13.6MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Celebration Inc. demonstrates consistent financial health with a steady increase in assets over the past decade, growing from $6.29 million in 2014 to $13.4 million in 2023. The organization consistently operates with a surplus, as evidenced by revenues exceeding expenses in all reported periods, such as $4.94 million in revenue against $3.87 million in expenses in 2023. This indicates effective financial management and sustainability. The organization's liabilities are consistently very low, typically less than 1% of assets, which is a strong indicator of financial stability and low financial risk. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent operational surplus suggests efficient overall spending. The absence of reported officer compensation across all filings is a notable aspect of their transparency, indicating either a fully volunteer-led executive team or compensation being reported under other expense categories, which would warrant further investigation for complete transparency. However, the overall financial picture points to a well-managed and fiscally responsible organization.

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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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