Is Children Of Restaurant Employees Legit?…

Quick charity verification for Children Of Restaurant Employees (EIN: 201584617)

Spending Breakdown

How Children Of Restaurant Employees allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

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 Children Of Restaurant Employees

Is Children Of Restaurant Employees a legitimate charity?

Based on AI analysis of IRS 990 filings, Children Of Restaurant Employees (EIN: 201584617) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is Children Of Restaurant Employees a good charity to donate to?

Children Of Restaurant Employees has a Mission Score of 92/100. Revenue: $1.5M. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Children Of Restaurant Employees?

The Employer Identification Number (EIN) for Children Of Restaurant Employees is 201584617. 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 Children Of Restaurant Employees spend its money?

Children Of Restaurant Employees allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Children Of Restaurant Employees's tax-exempt status?

You can verify Children Of Restaurant Employees's tax-exempt status using EIN 201584617 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

Children Of Restaurant Employees (CORE) demonstrates a generally stable financial position, with assets consistently exceeding liabilities across its filing history. While revenue has fluctuated, notably peaking in 2020 at $3,440,923, the organization has maintained a positive asset base. The most recent filing (202312) shows expenses ($1,312,840) slightly exceeding revenue ($1,153,213), leading to a modest deficit for that period. However, the overall trend in assets, reaching $1,975,721 in the latest available data, suggests a healthy reserve. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, which is a significant positive for transparency and efficiency.

The organization's spending efficiency appears strong, particularly given the absence of reported officer compensation. This suggests that a substantial portion of its expenditures is likely directed towards program services. The fluctuations in revenue and expenses over the years, especially the significant increase in 2020, could reflect responsive fundraising efforts during periods of increased need or opportunity. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and financial transparency, allowing stakeholders to track its financial performance over time.

Overall, CORE appears to be a well-managed nonprofit with a clear focus on its mission, supported by a solid financial foundation and a strong commitment to transparency, particularly regarding executive compensation. While the slight deficit in the most recent filing warrants monitoring, the overall financial health, as evidenced by its asset base and historical performance, is sound.

Is Children Of Restaurant Employees Legit?

Verdict: Children Of Restaurant Employees appears trustworthy

Red Flags

Strengths