Is Chesapeake Public Schools Educational Foundation Legit?

Quick charity verification for Chesapeake Public Schools Educational Foundation (EIN: 203655412)

Verdict: Chesapeake Public Schools Educational Foundation appears trustworthy

92/100Mission Score
$345KRevenue
$810KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Chesapeake Public Schools Educational Foundation 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 Chesapeake Public Schools Educational Foundation

Is Chesapeake Public Schools Educational Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Chesapeake Public Schools Educational Foundation (EIN: 203655412) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Chesapeake Public Schools Educational Foundation a good charity to donate to?

Chesapeake Public Schools Educational Foundation has a Mission Score of 92/100. Revenue: $345K. Assets: $810K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Chesapeake Public Schools Educational Foundation?

The Employer Identification Number (EIN) for Chesapeake Public Schools Educational Foundation is 203655412. 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 Public Schools Educational Foundation spend its money?

Chesapeake Public Schools Educational Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Chesapeake Public Schools Educational Foundation's tax-exempt status?

You can verify Chesapeake Public Schools Educational Foundation's tax-exempt status using EIN 203655412 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 Chesapeake Public Schools Educational Foundation demonstrates consistent financial growth and strong program focus. Over the past five years, the organization's assets have steadily increased from $552,231 in 2019 to $695,892 in 2023, indicating sound financial management and accumulation of resources. The foundation consistently spends a high percentage of its expenses on programs, with 85% allocated to program services in the latest filing period (202306), reflecting efficient use of donor funds towards its mission. Furthermore, the organization reports no liabilities across all filing periods, which is a significant indicator of financial stability and responsible fiscal practices. The absence of officer compensation also points to a volunteer-driven leadership, enhancing donor confidence in the allocation of funds directly to educational initiatives. The foundation's revenue has shown a positive trend, with the latest reported revenue at $228,511, supporting its operational and programmatic needs. While there was a slight dip in revenue in 2023 compared to 2022 ($237,858), the overall financial health remains robust, supported by a healthy asset base. The organization's commitment to transparency is evident through its consistent IRS 990 filings and the clear allocation of resources. The low administrative and fundraising costs further solidify its image as an efficient and impactful charity dedicated to supporting Chesapeake Public Schools.

View Full Transparency Report →

Disclaimer

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

Related Pages