Quick charity verification for Charter Charitable Foundation (EIN: 200471816)
Verdict: Charter Charitable Foundation appears trustworthy
95/100Mission Score
$2.5MRevenue
$8.0MAssets
1Red Flags
5Strengths
Red Flags
No reported officer compensation for an organization with over $8 million in assets, which could indicate compensation is reported elsewhere or a highly unusual operational model.
Strengths
Consistent asset growth, from $5,769,338 in 2011 to $8,032,889 in 2021.
Healthy financial surplus, with revenue consistently exceeding expenses in recent years (e.g., $913,988 revenue vs. $473,297 expenses in 2021).
Low expense ratio relative to revenue, indicating efficient use of funds.
No reported officer compensation, suggesting a high proportion of funds available for mission-related activities.
Spending Breakdown
How Charter Charitable Foundation 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 Charter Charitable Foundation
Is Charter Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Charter Charitable Foundation (EIN: 200471816) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Charter Charitable Foundation a good charity to donate to?
Charter Charitable Foundation has a Mission Score of 95/100. Revenue: $2.5M. Assets: $8.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Charter Charitable Foundation?
The Employer Identification Number (EIN) for Charter Charitable Foundation is 200471816. 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 Charter Charitable Foundation spend its money?
Charter Charitable Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Charter Charitable Foundation's tax-exempt status?
You can verify Charter Charitable Foundation's tax-exempt status using EIN 200471816 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
Charter Charitable Foundation demonstrates strong financial health with consistently growing assets, reaching $8,032,889 in 2021. The organization has maintained a healthy surplus, with revenues consistently exceeding expenses in recent years, for example, $913,988 in revenue against $473,297 in expenses in 2021. This indicates sound financial management and the ability to build reserves. The foundation's spending efficiency appears robust, as evidenced by its low expense ratios relative to revenue. The absence of reported officer compensation across all available filings suggests a volunteer-led or very lean administrative structure, which contributes to a high proportion of funds being available for programmatic activities. The consistent filing of IRS Form 990s over eight periods indicates a commitment to transparency.