Is Chaim Vchessed Center For Jewish Values Inc Legit?
Quick charity verification for Chaim Vchessed Center For Jewish Values Inc (EIN: 200546128)
Verdict: Chaim Vchessed Center For Jewish Values Inc appears trustworthy
90/100Mission Score
$516KRevenue
$243KAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed functional expense breakdown on available data to fully assess spending efficiency.
Strengths
Significant revenue growth in the latest filing (2023 revenue of $788,129).
Substantial asset growth in the latest filing (2023 assets of $447,906).
Consistent 0% officer compensation across all reported periods.
Low liabilities relative to assets, indicating strong financial solvency (e.g., $19,722 liabilities vs. $447,906 assets in 2023).
Spending Breakdown
How Chaim Vchessed Center For Jewish Values Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Chaim Vchessed Center For Jewish Values Inc
Is Chaim Vchessed Center For Jewish Values Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chaim Vchessed Center For Jewish Values Inc (EIN: 200546128) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Chaim Vchessed Center For Jewish Values Inc a good charity to donate to?
Chaim Vchessed Center For Jewish Values Inc has a Mission Score of 90/100. Revenue: $516K. Assets: $243K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Chaim Vchessed Center For Jewish Values Inc?
The Employer Identification Number (EIN) for Chaim Vchessed Center For Jewish Values Inc is 200546128. 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 Chaim Vchessed Center For Jewish Values Inc spend its money?
Chaim Vchessed Center For Jewish Values Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Chaim Vchessed Center For Jewish Values Inc's tax-exempt status?
You can verify Chaim Vchessed Center For Jewish Values Inc's tax-exempt status using EIN 200546128 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
Chaim Vchessed Center For Jewish Values Inc demonstrates a fluctuating but generally positive financial trajectory, particularly in its most recent filing. The organization reported a significant increase in revenue to $788,129 in 2023, up from $260,788 in 2022, and a substantial growth in assets to $447,906. This indicates strong fundraising or program growth. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The low liabilities relative to assets, such as $19,722 in liabilities against $447,906 in assets in 2023, suggests good financial management and solvency.
The organization's financial health appears robust, especially given the recent growth. The consistent lack of reported officer compensation is a significant positive for transparency and donor confidence. To further enhance transparency, a more detailed breakdown of functional expenses would be beneficial for stakeholders to understand how funds are allocated across programs, administration, and fundraising efforts. The substantial increase in assets and revenue in the latest period suggests a healthy and growing operation, capable of expanding its impact.