Is Chosen Vale Inc Legit?

Quick charity verification for Chosen Vale Inc (EIN: 20427596)

Verdict: Chosen Vale Inc appears trustworthy

92/100Mission Score
$1.6MRevenue
$6.3MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Chosen Vale Inc demonstrates strong financial health and efficient spending, particularly in its most recent filing period. In 2023, the organization reported revenue of $2,668,307 against expenses of $651,500, indicating a significant surplus that contributes to its growing asset base of $5,721,758. This trend of revenue exceeding expenses is consistent across multiple years, allowing for substantial asset growth from $1,804,450 in 2014 to its current level. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a focus on mission-related spending. The organization's spending efficiency appears high, with expenses consistently well below revenue. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall low expense ratio relative to revenue suggests that a significant portion of funds are either directly applied to programs or retained for future mission-related activities and asset building. The consistent growth in assets, coupled with relatively low liabilities (e.g., $27,647 in 2023), further underscores its financial stability. Chosen Vale Inc's transparency is commendable, particularly regarding executive compensation. The consistent reporting of 0% officer compensation across all available filings indicates that the organization's leadership is either unpaid or compensated through other means not classified as officer compensation, which is a positive sign for donors. The consistent filing of IRS Form 990s over 13 periods also demonstrates a commitment to regulatory compliance and public disclosure.

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Disclaimer

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

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