Quick charity verification for Chesapeake Rivers Association Inc (EIN: 10729385)
Verdict: Chesapeake Rivers Association Inc appears trustworthy
92/100Mission Score
$1.0MRevenue
$199KAssets
2Red Flags
4Strengths
Red Flags
Significant year-over-year revenue fluctuations, which could indicate funding instability or reliance on specific project grants.
Consistent reporting of 0% officer compensation, which, while positive for efficiency, is unusual for an organization of this size and could warrant further investigation into how leadership is compensated or sustained.
Strengths
Consistent reporting of 0% officer compensation, indicating a high proportion of funds directed towards the mission.
Low to zero liabilities reported in most recent filings, suggesting strong financial health and low debt.
Maintains a positive asset base despite revenue fluctuations, demonstrating financial resilience.
Generally keeps expenses in line with revenues, avoiding significant deficits over time.
Spending Breakdown
How Chesapeake Rivers Association Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Rivers Association Inc
Is Chesapeake Rivers Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chesapeake Rivers Association Inc (EIN: 10729385) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
Is Chesapeake Rivers Association Inc a good charity to donate to?
Chesapeake Rivers Association Inc has a Mission Score of 92/100. Revenue: $1.0M. Assets: $199K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Chesapeake Rivers Association Inc?
The Employer Identification Number (EIN) for Chesapeake Rivers Association Inc is 10729385. 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 Rivers Association Inc spend its money?
Chesapeake Rivers Association Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Chesapeake Rivers Association Inc's tax-exempt status?
You can verify Chesapeake Rivers Association Inc's tax-exempt status using EIN 10729385 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 Rivers Association Inc demonstrates a generally sound financial position, with revenues consistently covering expenses in most recent years, though some periods show slight deficits. For instance, in 2023, expenses of $346,268 exceeded revenues of $329,372, indicating a minor operational deficit. However, the organization maintains a healthy asset base relative to its liabilities, with zero liabilities reported in most recent filings, suggesting good financial management and low debt risk. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive sign for donor confidence and spending efficiency. The organization's revenue has fluctuated significantly over the years, from a low of $201,554 in 2019 to a high of $733,289 in 2022, which could reflect project-based funding or varying grant cycles. Despite these fluctuations, the organization has managed to maintain its operations and asset base. The absence of reported officer compensation also contributes to a high degree of transparency regarding how donor funds are utilized, as a significant portion of expenses are likely directed towards program activities and general operations rather than high executive salaries.