Is Center For Human Entrepreneurshipservices Inc Legit?
Quick charity verification for Center For Human Entrepreneurshipservices Inc (EIN: 204572809)
Verdict: Center For Human Entrepreneurshipservices Inc appears trustworthy
92/100Mission Score
$1.1MRevenue
$203KAssets
1Red Flags
5Strengths
Red Flags
Expenses slightly exceeded revenue in 2023 ($885,853 vs. $858,494), though this is a minor deficit.
Strengths
Consistent revenue growth from $168,677 in 2014 to $858,494 in 2023.
Zero officer compensation reported across all 13 filings, indicating high efficiency and dedication of funds to mission.
Consistently low or zero liabilities, demonstrating strong financial management and minimal debt.
Regular and extensive IRS 990 filing history (13 filings), indicating strong transparency and compliance.
Positive asset base, with $147,016 in assets reported in 2023.
Spending Breakdown
How Center For Human Entrepreneurshipservices Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Human Entrepreneurshipservices Inc
Is Center For Human Entrepreneurshipservices Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Center For Human Entrepreneurshipservices Inc (EIN: 204572809) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Center For Human Entrepreneurshipservices Inc a good charity to donate to?
Center For Human Entrepreneurshipservices Inc has a Mission Score of 92/100. Revenue: $1.1M. Assets: $203K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Center For Human Entrepreneurshipservices Inc?
The Employer Identification Number (EIN) for Center For Human Entrepreneurshipservices Inc is 204572809. 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 Human Entrepreneurshipservices Inc spend its money?
Center For Human Entrepreneurshipservices Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Center For Human Entrepreneurshipservices Inc's tax-exempt status?
You can verify Center For Human Entrepreneurshipservices Inc's tax-exempt status using EIN 204572809 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 Human Entrepreneurshipservices Inc demonstrates a generally stable financial trajectory, with recent revenue growth to $858,494 in 2023. The organization consistently reports zero liabilities in most recent years, indicating sound financial management and a lack of significant debt. While the 2023 filing shows expenses ($885,853) slightly exceeding revenue, this is a minor deficit and not indicative of long-term instability given the overall growth trend. The organization's assets have fluctuated but remain positive, with $147,016 reported in 2023. A notable strength is the consistent reporting of 0% officer compensation across all available filings, which suggests a strong commitment to directing funds towards the mission rather than executive salaries. This practice significantly enhances the organization's transparency and efficiency profile.
The organization's financial health appears robust, supported by a history of increasing revenue and controlled expenses. The absence of officer compensation is a significant positive indicator for spending efficiency, as it implies that all reported expenses are directed towards program delivery, administration, and fundraising activities, without a portion being allocated to executive pay. This structure inherently maximizes the percentage of funds available for charitable purposes. The consistent filing of IRS Form 990s over 13 periods also demonstrates a commitment to regulatory compliance and transparency, allowing public scrutiny of its financial operations.