Quick charity verification for Channing Chapel Preservation Society (EIN: 10481458)
Verdict: Channing Chapel Preservation Society appears trustworthy
92/100Mission Score
$15KRevenue
$421KAssets
2Red Flags
5Strengths
Red Flags
Significant expense deficit in 2018 ($51,830 expenses vs. $7,697 revenue) without clear explanation in summary data.
Expenses exceeded revenue in 2023 ($12,218 expenses vs. $8,150 revenue), indicating a draw on reserves.
Strengths
Consistent reporting of 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Maintains a strong and stable asset base (over $400,000) relative to its annual revenue.
Consistently reports zero liabilities, demonstrating strong financial health and responsible management.
Long filing history (12 filings) indicates consistent transparency and compliance.
Strong program focus implied by lack of executive compensation and preservation mission.
Spending Breakdown
How Channing Chapel Preservation Society allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Channing Chapel Preservation Society
Is Channing Chapel Preservation Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Channing Chapel Preservation Society (EIN: 10481458) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
Is Channing Chapel Preservation Society a good charity to donate to?
Channing Chapel Preservation Society has a Mission Score of 92/100. Revenue: $15K. Assets: $421K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Channing Chapel Preservation Society?
The Employer Identification Number (EIN) for Channing Chapel Preservation Society is 10481458. 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 Channing Chapel Preservation Society spend its money?
Channing Chapel Preservation Society allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Channing Chapel Preservation Society's tax-exempt status?
You can verify Channing Chapel Preservation Society's tax-exempt status using EIN 10481458 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 Channing Chapel Preservation Society demonstrates consistent financial stability, maintaining a healthy asset base of over $400,000, with the latest reported assets at $433,387. The organization consistently reports zero liabilities, indicating a strong balance sheet and responsible financial management. While revenue fluctuates, it generally covers expenses, though there was a notable deficit in 2023 where expenses ($12,218) exceeded revenue ($8,150). The organization's commitment to its mission is further supported by its consistent reporting of 0% officer compensation, suggesting that resources are directed towards its preservation efforts rather than executive salaries. This practice enhances its transparency and trustworthiness.
The organization's spending efficiency appears sound, particularly given its preservation focus which often involves capital expenditures. The absence of officer compensation is a significant positive indicator of efficiency. However, the 2018 fiscal year showed a substantial spike in expenses ($51,830) against relatively low revenue ($7,697), which warrants further investigation to understand the nature of these expenditures and their alignment with the mission. Overall, the society appears to be a well-managed entity focused on its stated purpose, with a strong emphasis on financial prudence and transparency through its consistent 990 filings and lack of executive compensation.
Transparency is high, as evidenced by 12 filings and the clear reporting of financial data. The consistent zero liability status and zero officer compensation are strong indicators of a straightforward financial structure. The organization's relatively small scale and focused mission likely contribute to its ability to maintain such clear financial practices.