Is Chesapeake Climate Action Network Action Fund Inc Legit?
Quick charity verification for Chesapeake Climate Action Network Action Fund Inc (EIN: 10879928)
Verdict: Chesapeake Climate Action Network Action Fund Inc appears trustworthy
85/100Mission Score
$1.7MRevenue
$1.7MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data
Increasing liabilities ($348,855 in 2023) without clear explanation of their nature
Strengths
Significant revenue growth from $111,705 in 2021 to $1,024,920 in 2023
Consistent 0% officer compensation reported across all filings, indicating high efficiency in executive pay
Strong asset growth, reaching $1,221,851 in 2023
Positive net assets (Assets > Liabilities) in all reported periods
Spending Breakdown
How Chesapeake Climate Action Network Action Fund Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
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 Chesapeake Climate Action Network Action Fund Inc
Is Chesapeake Climate Action Network Action Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chesapeake Climate Action Network Action Fund Inc (EIN: 10879928) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Chesapeake Climate Action Network Action Fund Inc a good charity to donate to?
Chesapeake Climate Action Network Action Fund Inc has a Mission Score of 85/100. Revenue: $1.7M. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Chesapeake Climate Action Network Action Fund Inc?
The Employer Identification Number (EIN) for Chesapeake Climate Action Network Action Fund Inc is 10879928. 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 Chesapeake Climate Action Network Action Fund Inc spend its money?
Chesapeake Climate Action Network Action Fund Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Chesapeake Climate Action Network Action Fund Inc's tax-exempt status?
You can verify Chesapeake Climate Action Network Action Fund Inc's tax-exempt status using EIN 10879928 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
Chesapeake Climate Action Network Action Fund Inc (CCAN Action Fund) demonstrates a generally healthy financial trajectory, marked by significant revenue growth in recent years. The organization's revenue surged from $111,705 in 2021 to $1,024,920 in 2023, indicating strong fundraising or grant acquisition capabilities. This growth has also led to a substantial increase in assets, reaching $1,221,851 in 2023. The organization consistently reports 0% officer compensation across all available filings, which is a positive indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The increasing liabilities, reaching $348,855 in 2023, warrant monitoring to ensure they remain manageable relative to assets and revenue.
While the lack of reported officer compensation is a strong point for transparency regarding executive pay, the absence of detailed expense breakdowns in the provided data limits a full understanding of their spending efficiency. To fully assess transparency, access to their full IRS Form 990, including Schedule O and Part IX, would be necessary. The consistent growth in assets and revenue suggests a stable and expanding operation, but the increasing liabilities should be considered in future financial planning. Overall, the organization appears to be growing and managing its finances reasonably well, particularly with its zero reported officer compensation.