Quick charity verification for Center For Energy Workforcedevelopment (EIN: 204504014)
Verdict: Center For Energy Workforcedevelopment appears trustworthy
75/100Mission Score
$1.9MRevenue
$2.7MAssets
3Red Flags
3Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate a lack of transparency in executive pay.
NTEE code T990 (Unknown) suggests a lack of specific categorization for its mission, potentially hindering donor understanding.
Significant fluctuations in liabilities, reaching $823,884 in 202312, warrant further investigation into their nature and management.
Strengths
Strong revenue growth, with 202312 revenue at $3,442,845, significantly higher than previous years.
Positive net income in the most recent filing (202312), with revenue exceeding expenses by over $1.1 million.
Spending Breakdown
How Center For Energy Workforcedevelopment 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 Center For Energy Workforcedevelopment
Is Center For Energy Workforcedevelopment a legitimate charity?
Based on AI analysis of IRS 990 filings, Center For Energy Workforcedevelopment (EIN: 204504014) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Center For Energy Workforcedevelopment a good charity to donate to?
Center For Energy Workforcedevelopment has a Mission Score of 75/100. Revenue: $1.9M. Assets: $2.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Center For Energy Workforcedevelopment?
The Employer Identification Number (EIN) for Center For Energy Workforcedevelopment is 204504014. 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 Energy Workforcedevelopment spend its money?
Center For Energy Workforcedevelopment allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Center For Energy Workforcedevelopment's tax-exempt status?
You can verify Center For Energy Workforcedevelopment's tax-exempt status using EIN 204504014 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 Energy Workforcedevelopment demonstrates a generally stable financial position with fluctuating but overall increasing revenue and assets over the past decade. In the most recent filing (202312), the organization reported revenue of $3,442,845 against expenses of $2,248,580, indicating a healthy surplus. This positive trend is a significant improvement from previous years where expenses sometimes exceeded revenue, such as in 202212 ($1,603,073 revenue vs. $1,826,730 expenses). The organization's assets have also shown consistent growth, reaching $2,939,791 in 202312, which suggests good financial management and capacity building.
One notable aspect is the consistent reporting of 0% officer compensation across all available filings. While this could indicate that executive leadership is compensated through other means not categorized as 'officer compensation' or that the organization relies heavily on volunteer leadership, it warrants further investigation for complete transparency. The absence of reported officer compensation, if accurate, could imply a highly efficient use of funds for program delivery. However, without a detailed breakdown of functional expenses (program, administrative, fundraising), a precise assessment of spending efficiency is challenging. The organization's NTEE code T990 (Unknown) also suggests a lack of specific categorization, which could impact transparency regarding its exact programmatic focus.