Zero reported liabilities in most recent filings, indicating excellent financial stability and low risk.
0% officer compensation across all filings, highlighting exceptional efficiency and potentially volunteer-driven leadership.
Strong revenue generation, consistently over $1 million in recent years, supporting its mission.
Long history of IRS 990 filings (13 filings), indicating a commitment to transparency and compliance.
Spending Breakdown
How Charleston Defense Contractors Association 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 Charleston Defense Contractors Association
Is Charleston Defense Contractors Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Charleston Defense Contractors Association (EIN: 20654518) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Charleston Defense Contractors Association a good charity to donate to?
Charleston Defense Contractors Association has a Mission Score of 90/100. Revenue: $1.2M. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Charleston Defense Contractors Association?
The Employer Identification Number (EIN) for Charleston Defense Contractors Association is 20654518. 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 Charleston Defense Contractors Association spend its money?
Charleston Defense Contractors Association allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Charleston Defense Contractors Association's tax-exempt status?
You can verify Charleston Defense Contractors Association's tax-exempt status using EIN 20654518 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 Charleston Defense Contractors Association (CDCA) demonstrates a generally stable financial position with consistent revenue streams, averaging over $1 million in recent years. Their asset base has shown healthy growth, reaching $2,189,568 in 2023, indicating good financial stewardship and accumulation of resources. The organization consistently reports zero liabilities in most recent filings, which is a strong indicator of financial health and low risk.
Spending efficiency appears to be strong, particularly in 2021 and 2022 where expenses were significantly lower than revenue, allowing for asset growth. For instance, in 2022, expenses were $961,889 against revenues of $1,342,132. However, the 2023 filing shows expenses ($1,336,025) nearly matching revenue ($1,321,825), suggesting a year of higher operational spending or program delivery. The consistent reporting of 0% officer compensation across all available filings is a significant positive for transparency and efficiency, indicating that leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which reduces overhead.
The organization's transparency is excellent regarding executive compensation, as no officer compensation is reported. The consistent filing of IRS Form 990s over 13 periods further demonstrates a commitment to public accountability. The absence of liabilities in most years also simplifies their financial structure, making it easier to understand their financial commitments. Overall, CDCA appears to be a financially sound and transparent organization.