Quick charity verification for Chances For Children (EIN: 205835605)
Verdict: Chances For Children appears trustworthy
95/100Mission Score
$2.2MRevenue
$2.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, maximizing program funding.
Strong and stable asset base, consistently above $1.9 million in recent years.
Minimal to zero liabilities reported across most filings, indicating excellent financial health.
Robust revenue streams, averaging over $1.7 million annually in recent periods.
Extensive filing history (13 filings) demonstrating consistent transparency.
Spending Breakdown
How Chances For Children allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Chances For Children
Is Chances For Children a legitimate charity?
Based on AI analysis of IRS 990 filings, Chances For Children (EIN: 205835605) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Chances For Children a good charity to donate to?
Chances For Children has a Mission Score of 95/100. Revenue: $2.2M. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Chances For Children?
The Employer Identification Number (EIN) for Chances For Children is 205835605. 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 Chances For Children spend its money?
Chances For Children allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Chances For Children's tax-exempt status?
You can verify Chances For Children's tax-exempt status using EIN 205835605 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
Chances For Children demonstrates consistent financial health with stable assets and revenue streams over the past decade. The organization has maintained a strong asset base, with assets consistently above $1.3 million since 2015 and reaching $2,035,323 in 2023. Revenue has fluctuated but generally remained robust, averaging over $1.7 million annually in recent years. A notable strength is the consistent reporting of zero liabilities across most recent filings, indicating a very healthy balance sheet and strong financial management. The organization's transparency is excellent, with 13 filings available and consistent reporting of 0% officer compensation, which is a significant positive indicator for donor trust and resource allocation directly to mission.
Spending efficiency appears high, particularly given the reported 0% officer compensation across all available filings. This suggests that a very high proportion of expenses are directed towards program services and essential operational costs, rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation strongly implies efficient use of funds. The organization's ability to maintain substantial assets while consistently incurring expenses close to or slightly above revenue in some years (e.g., 2023, 2022, 2020) indicates active program delivery and responsible financial stewardship.
Overall, Chances For Children exhibits strong financial health, excellent transparency regarding executive compensation, and likely high spending efficiency. The consistent asset growth and minimal liabilities are strong indicators of a well-managed and financially stable nonprofit. Donors can have confidence in the organization's commitment to its mission, supported by its financial practices.