Is Chen Chi Kwan Cultural Andeducation Foundation Legit?
Quick charity verification for Chen Chi Kwan Cultural Andeducation Foundation (EIN: 204045643)
Verdict: Chen Chi Kwan Cultural Andeducation Foundation shows mixed signals
45/100Mission Score
$1Revenue
$191KAssets
4Red Flags
4Strengths
Red Flags
Consistent near-zero reported revenue ($1) for over a decade, making traditional financial analysis difficult.
Expenses consistently exceed reported revenue, indicating reliance on existing assets or unrecorded funding.
Slow but steady increase in liabilities from $7,192 in 2011 to $12,166 in 2023.
Lack of detailed expense breakdown to understand program vs. administrative spending.
Strengths
Consistent filing of IRS Form 990s, indicating compliance.
No reported officer compensation, suggesting volunteer leadership and low administrative overhead.
Stable asset base (around $190,000) over a long period.
Low overall expenses, even if they exceed revenue.
Spending Breakdown
How Chen Chi Kwan Cultural Andeducation Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
20%
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 Chen Chi Kwan Cultural Andeducation Foundation
Is Chen Chi Kwan Cultural Andeducation Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Chen Chi Kwan Cultural Andeducation Foundation (EIN: 204045643) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 4 strengths noted.
Is Chen Chi Kwan Cultural Andeducation Foundation a good charity to donate to?
Chen Chi Kwan Cultural Andeducation Foundation has a Mission Score of 45/100. Revenue: $1. Assets: $191K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Chen Chi Kwan Cultural Andeducation Foundation?
The Employer Identification Number (EIN) for Chen Chi Kwan Cultural Andeducation Foundation is 204045643. 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 Chen Chi Kwan Cultural Andeducation Foundation spend its money?
Chen Chi Kwan Cultural Andeducation Foundation allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Chen Chi Kwan Cultural Andeducation Foundation's tax-exempt status?
You can verify Chen Chi Kwan Cultural Andeducation Foundation's tax-exempt status using EIN 204045643 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 Chen Chi Kwan Cultural Andeducation Foundation exhibits a highly unusual financial profile. For the past decade, its reported revenue has consistently been $1, with the exception of $100 in 2019. During this same period, the organization has reported annual expenses ranging from $0 to $1,340. This significant disparity between minimal revenue and consistent, albeit low, expenses suggests that the organization is primarily drawing on its existing assets to cover operational costs, or that its primary activities are not generating reportable public support. Its assets have remained remarkably stable around $190,000-$192,000 over the years, while liabilities have slowly increased from $7,192 in 2011 to $12,166 in 2023.
The organization's spending efficiency is difficult to assess in a traditional sense due to the near-zero revenue. With expenses consistently exceeding revenue, the foundation is not self-sustaining through public contributions. The lack of reported officer compensation across all filings indicates that leadership is likely volunteer-based, which is a positive for minimizing administrative overhead. However, the consistent operational deficit, even if small, raises questions about the long-term financial model and the source of funds covering these deficits.
Transparency is moderate. The consistent filing of IRS Form 990s is a positive indicator of compliance. However, the extremely low revenue figures, coupled with ongoing expenses, warrant further investigation to understand the true nature of its financial operations and how it sustains its mission. Without more detailed breakdowns of the minimal expenses, it's challenging to determine the allocation between program, administrative, and fundraising activities.