Is Child Development Council Of Central New York Inc Legit?
Quick charity verification for Child Development Council Of Central New York Inc (EIN: 160918618)
Verdict: Child Development Council Of Central New York Inc appears trustworthy
95/100Mission Score
$2.5MRevenue
$2.4MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, increasing from $1,654,776 in 2019 to $2,435,210 in 2023.
Significant asset growth, more than doubling from $1,058,655 in 2019 to $2,543,620 in 2023.
Zero reported officer compensation across all filings, indicating high efficiency and dedication to mission.
Positive net income in most recent years, such as a $408,515 surplus in 2023, contributing to financial stability.
Low liabilities relative to assets, suggesting a strong balance sheet and low financial risk.
Spending Breakdown
How Child Development Council Of Central New York Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Child Development Council Of Central New York Inc
Is Child Development Council Of Central New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Child Development Council Of Central New York Inc (EIN: 160918618) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Child Development Council Of Central New York Inc a good charity to donate to?
Child Development Council Of Central New York Inc has a Mission Score of 95/100. Revenue: $2.5M. Assets: $2.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Child Development Council Of Central New York Inc?
The Employer Identification Number (EIN) for Child Development Council Of Central New York Inc is 160918618. 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 Child Development Council Of Central New York Inc spend its money?
Child Development Council Of Central New York Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Child Development Council Of Central New York Inc's tax-exempt status?
You can verify Child Development Council Of Central New York Inc's tax-exempt status using EIN 160918618 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 Child Development Council Of Central New York Inc demonstrates generally sound financial health, with consistent revenue growth over the past several years, increasing from $1,654,776 in 2019 to $2,435,210 in 2023. The organization has also shown a healthy accumulation of assets, growing from $1,058,655 in 2019 to $2,543,620 in 2023, indicating good financial stewardship and capacity building. Their liabilities remain relatively low compared to assets, suggesting a stable financial position.
Spending efficiency appears strong, as evidenced by the consistent surplus of revenue over expenses in most recent years, such as a $408,515 surplus in 2023 ($2,435,210 revenue vs. $2,026,695 expenses). This surplus allows for reinvestment in programs or building reserves. The absence of reported officer compensation across all available filings suggests a highly efficient use of funds, with resources likely directed almost entirely to programmatic activities and essential administrative functions. This also points to a high degree of transparency regarding executive remuneration.
Overall, the organization exhibits a robust financial trajectory, with increasing resources and a clear commitment to program delivery, as implied by the lack of executive compensation. The consistent growth in assets and positive net income trends underscore a well-managed and financially stable nonprofit.