Quick charity verification for Cibc Foundation (EIN: 222455774)
Verdict: Cibc Foundation appears trustworthy
75/100Mission Score
$1.0MRevenue
$9.4MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent revenue generation, with over $900,000 in 2023.
Stable and healthy asset base, consistently around $9 million.
Zero reported executive compensation, maximizing funds for mission.
Low liabilities relative to assets, indicating strong financial health.
Spending Breakdown
How Cibc Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Cibc Foundation
Is Cibc Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Cibc Foundation (EIN: 222455774) appears trustworthy. Mission Score: 75/100. 0 red flags identified, 4 strengths noted.
Is Cibc Foundation a good charity to donate to?
Cibc Foundation has a Mission Score of 75/100. Revenue: $1.0M. Assets: $9.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cibc Foundation?
The Employer Identification Number (EIN) for Cibc Foundation is 222455774. 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 Cibc Foundation spend its money?
Cibc Foundation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cibc Foundation's tax-exempt status?
You can verify Cibc Foundation's tax-exempt status using EIN 222455774 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
Cibc Foundation is a unknown nonprofit based in Blue Bell, Pennsylvania, with reported revenue of $1.0M and assets of $9.4M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 90% of spending goes to programs, 5% to administration, and 5% to fundraising. • The foundation consistently reports 0% compensation, indicating all funds are directed towards programs or operational costs outside of direct salaries. • Financial filings show a stable asset base over the past several years, with assets around $9 million in 2023. • Revenue has fluctuated but remained over $900,000 in 2023, demonstrating ongoing support. Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or externally managed structure without direct salary payments to executives from the foundation's funds. Revenue has grown +275% across 13 filing periods.