Is Chestnut Christian Preschool Inc Legit?…

Quick charity verification for Chestnut Christian Preschool Inc (EIN: 20400997)

Strengths

Consistent historical revenue generation ($100k-$135k) indicating stable operations.
0% officer compensation across all historical filings, demonstrating high efficiency in leadership costs.
No reported liabilities across all five historical filings, indicating strong financial health and responsible debt management.
Steady growth in assets from $7,669 in 2011 to $26,954 in 2015, showing financial stability and accumulation of resources.
Expenses closely matched revenue historically, suggesting a balanced budget approach.

Spending Breakdown

How Chestnut Christian Preschool Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Chestnut Christian Preschool Inc

Is Chestnut Christian Preschool Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Chestnut Christian Preschool Inc (EIN: 20400997) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.

Is Chestnut Christian Preschool Inc a good charity to donate to?

Chestnut Christian Preschool Inc has a Mission Score of 85/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Chestnut Christian Preschool Inc ?

The Employer Identification Number (EIN) for Chestnut Christian Preschool Inc is 20400997. 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 Chestnut Christian Preschool Inc spend its money?

Chestnut Christian Preschool Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Chestnut Christian Preschool Inc 's tax-exempt status?

You can verify Chestnut Christian Preschool Inc 's tax-exempt status using EIN 20400997 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

Chestnut Christian Preschool Inc. appears to be a small, stable organization based on its IRS 990 filings. Over the past five years, its revenue has consistently been in the range of $100,000 to $135,000, with expenses closely matching revenue, indicating a break-even or slight surplus operation. For instance, in 2015, revenue was $134,260 against expenses of $127,179. The organization has maintained a healthy financial position with no reported liabilities across all five filings and a steady growth in assets, from $7,669 in 2011 to $26,954 in 2015. This suggests prudent financial management and a focus on maintaining operational stability.

The organization's transparency is bolstered by its consistent filing of IRS Form 990s, providing public access to its financial data. A key positive indicator is the reported 0% officer compensation across all periods, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can be a sign of dedication to the mission and efficient use of funds. While specific program spending details are not provided in the summary data, the overall financial picture points to a well-managed, low-overhead operation.

However, the most recent data showing $0 revenue and $0 assets is concerning and requires further investigation. This could indicate a cessation of operations, a change in reporting, or an error in the provided summary data. Assuming the historical data is representative, the organization has historically demonstrated sound financial practices for a small preschool.

Is Chestnut Christian Preschool Inc Legit?

Verdict: Chestnut Christian Preschool Inc appears trustworthy

Red Flags