Quick charity verification for Cinereach Ltd (EIN: 202946241)
Verdict: Cinereach Ltd appears trustworthy
92/100Mission Score
$6.6MRevenue
$18.4MAssets
2Red Flags
4Strengths
Red Flags
Unusually consistent 0% officer compensation for an organization of this size, which may warrant further investigation into how leadership is compensated or sustained.
Significant revenue volatility, including a negative revenue period in 202106, which could indicate reliance on unpredictable funding sources or investment performance.
Strengths
Strong asset growth, with assets increasing from $3,434,421 in 201106 to $15,876,706 in 202306.
Consistent reporting of 0% officer compensation, indicating a high proportion of funds potentially directed towards program services.
Generally healthy financial surpluses in most recent periods, such as $5,634,895 revenue vs. $3,328,527 expenses in 202306.
Long history of IRS 990 filings (10 filings), demonstrating commitment to transparency and compliance.
Spending Breakdown
How Cinereach Ltd allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Cinereach Ltd
Is Cinereach Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, Cinereach Ltd (EIN: 202946241) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
Is Cinereach Ltd a good charity to donate to?
Cinereach Ltd has a Mission Score of 92/100. Revenue: $6.6M. Assets: $18.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cinereach Ltd?
The Employer Identification Number (EIN) for Cinereach Ltd is 202946241. 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 Cinereach Ltd spend its money?
Cinereach Ltd allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cinereach Ltd's tax-exempt status?
You can verify Cinereach Ltd's tax-exempt status using EIN 202946241 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
Cinereach Ltd demonstrates a generally healthy financial position with substantial assets and a fluctuating but often positive revenue stream. In the latest period (202306), the organization reported revenue of $5,634,895 against expenses of $3,328,527, indicating a surplus. Its assets have grown significantly over the years, reaching $15,876,706 in 202306 from $3,434,421 in 201106, suggesting strong financial management and asset accumulation. The organization consistently reports 0% officer compensation, which is a positive indicator of efficient spending and a focus on mission-related expenditures rather than executive salaries.
Spending efficiency appears strong, particularly given the consistent reporting of zero officer compensation across all available filings. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall expense-to-revenue ratio in recent years (e.g., 202306 expenses were 59% of revenue) suggests that a significant portion of funds are available for mission-related activities. The organization's NTEE code A31 (Film & Video) suggests a focus on arts and culture, and the financial data supports its capacity to fund such initiatives.
Transparency is high regarding executive compensation, with a clear record of 0% officer compensation. The consistent filing of IRS Form 990s over a decade also indicates a commitment to public disclosure. The substantial growth in assets and generally positive financial performance, coupled with no reported officer compensation, paints a picture of a well-managed and mission-focused organization.