Is Chaldean Community Foundation Legit?

Quick charity verification for Chaldean Community Foundation (EIN: 203963417)

Verdict: Chaldean Community Foundation appears trustworthy

95/100Mission Score

$17.0MRevenue

$47.1MAssets

0Red Flags

5Strengths

No red flags identified.

Strengths

Exceptional transparency with 0% reported officer compensation across all filings.
Strong and consistent revenue growth, from $2.5M in 2014 to $14.3M in 2023.
Significant asset accumulation, growing from $1.0M in 2014 to $25.4M in 2023, indicating financial stability and capacity.
Efficient spending, with expenses notably lower than revenue in recent periods (e.g., $7.6M expenses vs $14.3M revenue in 2023), allowing for reinvestment and asset growth.
Positive net assets (Assets minus Liabilities) consistently increasing, demonstrating sound financial management.

Spending Breakdown

How Chaldean Community Foundation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

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 Chaldean Community Foundation

Is Chaldean Community Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Chaldean Community Foundation (EIN: 203963417) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Chaldean Community Foundation a good charity to donate to?

Chaldean Community Foundation has a Mission Score of 95/100. Revenue: $17.0M. Assets: $47.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Chaldean Community Foundation?

The Employer Identification Number (EIN) for Chaldean Community Foundation is 203963417. 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 Chaldean Community Foundation spend its money?

Chaldean Community Foundation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Chaldean Community Foundation's tax-exempt status?

You can verify Chaldean Community Foundation's tax-exempt status using EIN 203963417 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 Chaldean Community Foundation demonstrates strong financial health and growth, with its latest reported revenue at $16,954,412 and assets at $47,100,057. Over the past decade, the organization has shown consistent growth in both revenue and assets, indicating effective fundraising and asset management. For instance, revenue grew from $2,558,819 in 2014 to $14,388,942 in 2023, and assets from $1,088,005 to $25,423,574 in the same period. This sustained expansion suggests a robust operational model and increasing capacity to serve its mission.

Spending efficiency appears to be a key strength. In the 2023 fiscal period, expenses were $7,662,998 against revenue of $14,388,942, indicating a significant portion of revenue is being retained or invested, contributing to asset growth. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a commitment to directing resources towards programs rather than executive salaries. This practice enhances public trust and demonstrates a focus on mission-driven spending.

Overall, the organization exhibits a healthy financial trajectory, efficient spending patterns, and a high degree of transparency regarding executive compensation. The substantial growth in assets and revenue, coupled with low expense ratios relative to revenue in recent years, positions the Chaldean Community Foundation as a financially sound and well-managed nonprofit.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.