Quick charity verification for Chrysalis Place (EIN: 10456167)
Verdict: Chrysalis Place appears trustworthy
85/100Mission Score
$123KRevenue
$138KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Positive net income in latest filing ($108,671 revenue vs. $99,298 expenses)
Zero reported liabilities, indicating strong financial solvency
0% officer compensation reported, suggesting efficient use of funds
Healthy asset base of $127,110
AI Transparency Report
Chrysalis Place appears to be in a stable financial position, with its latest filing showing revenues of $108,671 exceeding expenses of $99,298, resulting in a net positive for the period. The organization maintains a healthy asset base of $127,110 with no reported liabilities, indicating strong financial solvency. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health suggests responsible management of resources. The absence of officer compensation reported in the latest filing is a positive indicator of efficient use of funds, potentially directing more resources towards its mission.