Is Childrens Home Society Of Virginia Memorial Fund Inc Legit?

Quick charity verification for Childrens Home Society Of Virginia Memorial Fund Inc (EIN: 200626291)

Verdict: Childrens Home Society Of Virginia Memorial Fund Inc appears trustworthy

90/100Mission Score
$496KRevenue
$4.5MAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Childrens Home Society Of Virginia Memorial Fund Inc allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Childrens Home Society Of Virginia Memorial Fund Inc

Is Childrens Home Society Of Virginia Memorial Fund Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Childrens Home Society Of Virginia Memorial Fund Inc (EIN: 200626291) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

Is Childrens Home Society Of Virginia Memorial Fund Inc a good charity to donate to?

Childrens Home Society Of Virginia Memorial Fund Inc has a Mission Score of 90/100. Revenue: $496K. Assets: $4.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Childrens Home Society Of Virginia Memorial Fund Inc?

The Employer Identification Number (EIN) for Childrens Home Society Of Virginia Memorial Fund Inc is 200626291. 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 Childrens Home Society Of Virginia Memorial Fund Inc spend its money?

Childrens Home Society Of Virginia Memorial Fund Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Childrens Home Society Of Virginia Memorial Fund Inc's tax-exempt status?

You can verify Childrens Home Society Of Virginia Memorial Fund Inc's tax-exempt status using EIN 200626291 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

Childrens Home Society Of Virginia Memorial Fund Inc appears to be a financially stable organization, primarily acting as a memorial fund, as indicated by its NTEE code P11 (Endowment Funds). The organization consistently reports zero officer compensation across all available filings, which is a strong indicator of transparency and efficient use of funds, as it suggests a volunteer-led or very lean operational structure. While revenue fluctuates, the organization has maintained a healthy asset base, growing from $2,743,443 in 2014 to $3,768,532 in 2023, demonstrating good stewardship of its endowment. The spending efficiency is notable, particularly in years like 2022 and 2021 where expenses were significantly lower than revenue ($33,355 vs. $289,905 in 2022, and $29,499 vs. $172,598 in 2021), suggesting that a substantial portion of its income is reinvested or held for future program support, consistent with an endowment fund's purpose. However, the 2023 filing shows expenses exceeding revenue ($221,264 vs. $172,241), which warrants closer examination to understand the nature of these expenses and if they represent a significant program distribution or an unusual operational cost. Overall, the consistent lack of executive compensation and steady asset growth point to a well-managed and transparent financial operation focused on its long-term mission.

View Full Transparency Report →

Disclaimer

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

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