Is Chcc Ccrc Legit?

Quick charity verification for Chcc Ccrc (EIN: 204072602)

Verdict: Chcc Ccrc shows mixed signals

55/100Mission Score

$19.4MRevenue

$142.2MAssets

4Red Flags

3Strengths

Red Flags

Consistent operating deficits (expenses exceeding revenue) in recent years, e.g., $18.5M expenses vs. $15.3M revenue in 2023.
Liabilities frequently exceed assets, indicating a potentially high debt burden or negative net assets (e.g., $160M liabilities vs. $143M assets in 2023).
Unusually consistent reporting of 0% officer compensation for an organization of this scale, raising questions about executive compensation transparency.
Significant increase in liabilities from $7.8M in 2015 to $160M in 2023, indicating substantial financial obligations.

Strengths

Significant growth in assets from $12.7M in 2015 to $143M in 2023, indicating substantial investment and expansion.
Consistent revenue growth in recent years, from $0 in 2020 to $15.3M in 2023, suggesting increasing operational activity.
Long filing history (13 filings), indicating consistent compliance with IRS reporting requirements.

Spending Breakdown

How Chcc Ccrc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Chcc Ccrc

Is Chcc Ccrc a legitimate charity?

Based on AI analysis of IRS 990 filings, Chcc Ccrc (EIN: 204072602) shows mixed signals. Mission Score: 55/100. 4 red flags identified, 3 strengths noted.

Is Chcc Ccrc a good charity to donate to?

Chcc Ccrc has a Mission Score of 55/100. Revenue: $19.4M. Assets: $142.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Chcc Ccrc?

The Employer Identification Number (EIN) for Chcc Ccrc is 204072602. 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 Chcc Ccrc spend its money?

Chcc Ccrc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Chcc Ccrc's tax-exempt status?

You can verify Chcc Ccrc's tax-exempt status using EIN 204072602 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

Chcc Ccrc, operating as a Continuing Care Retirement Community (NTEE L22), shows a complex financial picture. The organization has experienced significant growth in both assets and expenses over the past several years, particularly from 2020 to 2023. While revenue has also increased, it has consistently lagged behind expenses in recent periods, leading to operating deficits. For instance, in 2023, revenue was $15,385,989 against expenses of $18,552,557, and in 2022, revenue was $11,331,867 against expenses of $15,230,769. This indicates that the organization is spending more than it is bringing in through its primary revenue streams.

The organization's asset base has grown substantially, from $24,602,075 in 2018 to $143,095,016 in 2023, suggesting significant capital investment, likely in facilities given its NTEE code. However, liabilities have also increased dramatically, often exceeding assets in recent years, such as $160,069,571 in liabilities against $143,095,016 in assets in 2023. This high level of debt relative to assets is a concern. The consistent reporting of 0% officer compensation across all available filings suggests either a volunteer-led executive team or that compensation is reported under different categories, which warrants further investigation for full transparency. Without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency, but the consistent operating deficits are a key indicator.

View Full Transparency Report →

Disclaimer

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