Quick charity verification for Center For Employment Opportunities Inc (EIN: 133843322)
Verdict: Center For Employment Opportunities Inc appears trustworthy
90/100Mission Score
$134.0MRevenue
$82.7MAssets
1Red Flags
5Strengths
Red Flags
Unusual 0% officer compensation reported across all filings, requiring further clarification on executive remuneration practices.
Strengths
Consistent and significant revenue growth over the past decade, from $21.5M in 2014 to over $100M in 2023.
High program spending ratio (85% in 202306), indicating efficient use of funds for its mission.
Strong asset growth, from $7.6M in 2014 to $53.1M in 2023, demonstrating robust financial health.
Positive net asset trend, with assets consistently exceeding liabilities.
Efficient operations, with expenses generally well-managed relative to revenue, leading to healthy surpluses in most years.
Spending Breakdown
How Center For Employment Opportunities 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 Center For Employment Opportunities Inc
Is Center For Employment Opportunities Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Center For Employment Opportunities Inc (EIN: 133843322) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Center For Employment Opportunities Inc a good charity to donate to?
Center For Employment Opportunities Inc has a Mission Score of 90/100. Revenue: $134.0M. Assets: $82.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Center For Employment Opportunities Inc?
The Employer Identification Number (EIN) for Center For Employment Opportunities Inc is 133843322. 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 Center For Employment Opportunities Inc spend its money?
Center For Employment Opportunities Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Center For Employment Opportunities Inc's tax-exempt status?
You can verify Center For Employment Opportunities Inc's tax-exempt status using EIN 133843322 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 Center For Employment Opportunities Inc (CEO) demonstrates strong financial health and growth, with its latest reported revenue at $134,000,017 and assets of $82,742,682. Over the past decade, the organization has shown consistent revenue growth, from $21,542,700 in 2014 to over $100 million in 2023. This growth is accompanied by a healthy asset base, indicating good financial management and capacity. The organization consistently spends a high proportion of its expenses on program services, as evidenced by the program spending ratio of 85% in the latest available detailed filing (202306), which is a positive indicator of efficiency in fulfilling its mission.
CEO maintains a solid financial position with a positive net asset trend, growing from $3.5 million in 2014 to over $30 million in 2023. The organization's liabilities are well-managed relative to its assets, suggesting a stable financial structure. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency, though it's important to clarify if this means no compensation or if it's reported elsewhere or through a related entity. Overall, CEO appears to be a financially robust and efficient organization dedicated to its programmatic goals.