Quick charity verification for Chofetz Chaim Heritage Of Lakewood Inc (EIN: 201494454)
Verdict: Chofetz Chaim Heritage Of Lakewood Inc appears trustworthy
70/100Mission Score
$1.3MRevenue
$84KAssets
2Red Flags
3Strengths
Red Flags
Liabilities consistently exceed assets, indicating potential financial strain or reliance on short-term funding (e.g., 2023: $119,403 liabilities vs. $50,041 assets).
Consistent reporting of 0% officer compensation, which is unusual for an organization with over $800,000 in annual revenue, raising questions about leadership compensation structure.
Strengths
Consistent revenue generation over a decade, demonstrating stable fundraising and operational capacity (e.g., $889,906 in 2023, $788,699 in 2022).
Long history of IRS 990 filings (13 filings), indicating a commitment to regulatory compliance and transparency.
Operational expenses generally align with or are slightly below revenues in most years, suggesting prudent financial management (e.g., 2022: $788,699 revenue vs. $740,646 expenses).
Spending Breakdown
How Chofetz Chaim Heritage Of Lakewood Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Chofetz Chaim Heritage Of Lakewood Inc
Is Chofetz Chaim Heritage Of Lakewood Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chofetz Chaim Heritage Of Lakewood Inc (EIN: 201494454) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Chofetz Chaim Heritage Of Lakewood Inc a good charity to donate to?
Chofetz Chaim Heritage Of Lakewood Inc has a Mission Score of 70/100. Revenue: $1.3M. Assets: $84K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Chofetz Chaim Heritage Of Lakewood Inc?
The Employer Identification Number (EIN) for Chofetz Chaim Heritage Of Lakewood Inc is 201494454. 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 Chofetz Chaim Heritage Of Lakewood Inc spend its money?
Chofetz Chaim Heritage Of Lakewood Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Chofetz Chaim Heritage Of Lakewood Inc's tax-exempt status?
You can verify Chofetz Chaim Heritage Of Lakewood Inc's tax-exempt status using EIN 201494454 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
Chofetz Chaim Heritage Of Lakewood Inc demonstrates a consistent operational pattern with revenues generally exceeding or closely matching expenses over the past decade, indicating stable financial management. For instance, in 2023, revenues were $889,906 against expenses of $924,427, showing a slight deficit, while in 2022, revenues of $788,699 exceeded expenses of $740,646. The organization's assets have fluctuated, with a notable increase to $96,627 in 2022 before decreasing to $50,041 in 2023, while liabilities have remained relatively high, reaching $119,403 in 2023. This suggests a reliance on external funding or short-term obligations that exceed available assets.
Regarding spending efficiency, without a detailed breakdown of program service expenses versus administrative and fundraising costs, it's challenging to fully assess. However, the consistent operational activity and the absence of reported officer compensation suggest a focus on mission-related activities without significant overhead in executive pay. The organization's NTEE code X30 (Religious Organizations) often implies a high proportion of program spending, but specific data is needed for a definitive conclusion.
Transparency is generally good given the availability of 13 years of IRS 990 filings. The consistent reporting of zero officer compensation is a positive indicator for transparency regarding executive pay. However, a more detailed breakdown of functional expenses within the 990s would enhance the ability to evaluate spending efficiency and program impact.