Is Centerstone Solutions Inc Legit? —…

Red Flags

Consistent operational deficits, with expenses exceeding revenue in multiple periods (e.g., $105,989 deficit in 202306).
Significant and continuous decline in revenue over the past decade, from $3.17 million in 2015 to $750,691 in 2023.
Declining asset base, from over $1 million in 2015 to $95,407 in 2023.
Negative net assets, with liabilities ($170,732 in 202306) exceeding assets ($95,407).
Unusual 0% officer compensation reported across all filings, which may obscure true leadership costs or indicate reliance on unpaid leadership.

Spending Breakdown

How Centerstone Solutions 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

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 Centerstone Solutions Inc

Is Centerstone Solutions Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Centerstone Solutions Inc (EIN: 201590169) shows mixed signals. Mission Score: 45/100. 5 red flags identified, 3 strengths noted.

Is Centerstone Solutions Inc a good charity to donate to?

Centerstone Solutions Inc has a Mission Score of 45/100. Revenue: $751K. Assets: $95K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Centerstone Solutions Inc?

The Employer Identification Number (EIN) for Centerstone Solutions Inc is 201590169. 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 Centerstone Solutions Inc spend its money?

Centerstone Solutions Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Centerstone Solutions Inc's tax-exempt status?

You can verify Centerstone Solutions Inc's tax-exempt status using EIN 201590169 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

Centerstone Solutions Inc. exhibits a concerning trend of declining revenue and increasing net deficits over the past several years. In the latest filing (202306), the organization reported revenue of $750,691 against expenses of $856,680, resulting in a deficit of $105,989. This follows a pattern of expenses frequently exceeding revenue, indicating potential long-term financial instability. The organization's assets have also significantly decreased from a high of $1,014,837 in 201506 to $95,407 in 202306, while liabilities have remained substantial, leading to negative net assets in recent periods.

The organization's financial health is further challenged by its negative net assets, with liabilities ($170,732 in 202306) exceeding assets ($95,407). This indicates that the organization's debts are greater than its available resources. While the filings consistently report 0% officer compensation, which is a positive sign for resource allocation, the overall financial trajectory suggests a need for strategic adjustments to ensure sustainability. The consistent operational deficits raise questions about the long-term viability and ability to fund its programs effectively.

Regarding transparency, the consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to public disclosure. However, the financial data itself, particularly the sustained decline in revenue and assets coupled with persistent deficits, points to underlying operational challenges that warrant closer scrutiny. The lack of reported officer compensation is a strong positive for transparency and resource allocation to mission-related activities, assuming all key personnel are compensated appropriately through other means or are volunteers.

Is Centerstone Solutions Inc Legit?

Verdict: Centerstone Solutions Inc shows mixed signals