Is Centimark Foundation Legit?

Quick charity verification for Centimark Foundation (EIN: 208911858)

Verdict: Centimark Foundation appears trustworthy

95/100Mission Score
$5.2MRevenue
$6.0MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

The Centimark Foundation demonstrates consistent financial activity, with its latest reported revenue at $2,590,687 and expenses at $1,981,996 for the period ending 202312. The organization has shown growth in its assets, increasing from $219,588 in 2011 to $3,234,992 in 2023, indicating a healthy accumulation of resources. Its liabilities have remained consistently low, often reported as $1, which is a strong indicator of financial stability and minimal debt burden. The foundation's spending efficiency appears reasonable, with expenses generally below or close to revenue, suggesting responsible management of incoming funds. The absence of reported officer compensation across all filings enhances its transparency and suggests that resources are directed towards its mission rather than executive salaries.

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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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