Is Central American Refugee Center Carecen Ny Legit?
Quick charity verification for Central American Refugee Center Carecen Ny (EIN: 112705005)
Verdict: Central American Refugee Center Carecen Ny appears trustworthy
88/100Mission Score
$4.0MRevenue
$1.9MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong and consistent revenue growth, from $454,469 in 2014 to $4,007,902 currently.
Consistent asset accumulation, reaching $1,908,140, indicating financial stability and capacity.
No reported officer compensation across all filings, suggesting high efficiency in resource allocation.
Low liabilities relative to assets, demonstrating sound financial management and solvency.
Positive net income in most recent periods, such as $337,043 in 2023, contributing to asset growth.
Spending Breakdown
How Central American Refugee Center Carecen Ny 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 Central American Refugee Center Carecen Ny
Is Central American Refugee Center Carecen Ny a legitimate charity?
Based on AI analysis of IRS 990 filings, Central American Refugee Center Carecen Ny (EIN: 112705005) appears trustworthy. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.
Is Central American Refugee Center Carecen Ny a good charity to donate to?
Central American Refugee Center Carecen Ny has a Mission Score of 88/100. Revenue: $4.0M. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Central American Refugee Center Carecen Ny?
The Employer Identification Number (EIN) for Central American Refugee Center Carecen Ny is 112705005. 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 Central American Refugee Center Carecen Ny spend its money?
Central American Refugee Center Carecen Ny allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Central American Refugee Center Carecen Ny's tax-exempt status?
You can verify Central American Refugee Center Carecen Ny's tax-exempt status using EIN 112705005 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
Central American Refugee Center Carecen Ny demonstrates a generally healthy financial trajectory, with significant revenue growth in recent years, culminating in $4,007,902 in latest reported revenue. The organization has consistently maintained a positive net asset position, with assets growing to $1,908,140. While specific program, administrative, and fundraising spending ratios are not provided in the raw data, the consistent growth in assets and revenue suggests effective financial management. The absence of reported officer compensation across all filings indicates a commitment to directing resources towards its mission, and also suggests a potential reliance on volunteer leadership or that compensation falls below reporting thresholds, which could be a point of further inquiry for full transparency. The organization's liabilities have remained relatively low compared to its assets, indicating good financial stability.