Quick charity verification for Circle K International Inc (EIN: 10772160)
Verdict: Circle K International Inc shows mixed signals
45/100Mission Score
$373KRevenue
$70KAssets
4Red Flags
2Strengths
Red Flags
Consistent operational deficits in recent years (e.g., $200,028 deficit in 202309, $142,108 deficit in 202209).
Sharp decline in total assets from $340,733 in 202109 to $46,977 in 202309.
Liabilities ($93,926 in 202309) exceeding assets ($46,977 in 202309), indicating a negative net asset position.
Revenue has decreased significantly from a high of $737,941 in 201509 to $366,019 in 202309.
Strengths
No officer compensation reported across all filings, indicating efficient use of funds at the executive level.
Long history of IRS 990 filings (12 filings), suggesting a commitment to compliance and transparency over time.
Spending Breakdown
How Circle K International Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Circle K International Inc
Is Circle K International Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Circle K International Inc (EIN: 10772160) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
Is Circle K International Inc a good charity to donate to?
Circle K International Inc has a Mission Score of 45/100. Revenue: $373K. Assets: $70K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Circle K International Inc?
The Employer Identification Number (EIN) for Circle K International Inc is 10772160. 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 Circle K International Inc spend its money?
Circle K International Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Circle K International Inc's tax-exempt status?
You can verify Circle K International Inc's tax-exempt status using EIN 10772160 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
Circle K International Inc. exhibits a concerning trend in its financial health, particularly in the most recent filing periods. For the 202309 period, the organization reported revenue of $366,019 against expenses of $566,047, resulting in a significant deficit. This follows a similar pattern in 202209 where expenses ($799,826) substantially exceeded revenue ($657,718). This consistent operational deficit is eroding the organization's asset base, which has plummeted from $340,733 in 202109 to just $46,977 in 202309, while liabilities have increased to $93,926 in 202309, indicating a negative net asset position.
The organization's spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the consistent spending beyond its means suggests potential inefficiencies or a need for significant revenue growth. The lack of reported officer compensation across all filings is a positive indicator for transparency regarding executive pay, but the overall financial instability raises questions about long-term sustainability and program delivery capacity. The declining asset base and increasing liabilities are critical red flags that warrant immediate attention and strategic financial planning.