Is Circle Of Care For Families And Children Of Passaic County Inc Legit?
Quick charity verification for Circle Of Care For Families And Children Of Passaic County Inc (EIN: 201739426)
Verdict: Circle Of Care For Families And Children Of Passaic County Inc appears trustworthy
90/100Mission Score
$13.5MRevenue
$7.4MAssets
1Red Flags
5Strengths
Red Flags
0% reported officer compensation for an organization of this size is highly unusual and warrants further investigation into how leadership is compensated or structured, as it may not fully reflect all executive remuneration.
Strengths
Consistent and significant revenue growth, from $4.46 million in 2014 to $12.39 million in 2023.
Strong asset accumulation, growing from $1.08 million in 2014 to $10.21 million in 2023, providing financial stability.
High program spending ratio, with approximately 89% of expenses dedicated to programs in 2023.
Consistent operational surpluses, indicating sound financial management and ability to reinvest.
No reported officer compensation, suggesting a highly efficient or volunteer-driven executive structure.
Spending Breakdown
How Circle Of Care For Families And Children Of Passaic County Inc allocates its funds across programs, administration, and fundraising.
89%
Program Spending
Healthy — majority goes to mission
11%
Admin Costs
Reasonable — admin costs in check
0%
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 Of Care For Families And Children Of Passaic County Inc
Is Circle Of Care For Families And Children Of Passaic County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Circle Of Care For Families And Children Of Passaic County Inc (EIN: 201739426) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Circle Of Care For Families And Children Of Passaic County Inc a good charity to donate to?
Circle Of Care For Families And Children Of Passaic County Inc has a Mission Score of 90/100. Revenue: $13.5M. Assets: $7.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Circle Of Care For Families And Children Of Passaic County Inc?
The Employer Identification Number (EIN) for Circle Of Care For Families And Children Of Passaic County Inc is 201739426. 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 Of Care For Families And Children Of Passaic County Inc spend its money?
Circle Of Care For Families And Children Of Passaic County Inc allocates 89% to programs, 11% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Circle Of Care For Families And Children Of Passaic County Inc's tax-exempt status?
You can verify Circle Of Care For Families And Children Of Passaic County Inc's tax-exempt status using EIN 201739426 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 Of Care For Families And Children Of Passaic County Inc demonstrates strong financial health and consistent growth. Over the past decade, the organization's revenue has steadily increased from $4.46 million in 2014 to $12.39 million in 2023, indicating expanding operations and donor support. Their asset base has also grown significantly, from $1.08 million in 2014 to $10.21 million in 2023, providing a solid financial foundation. The organization consistently reports 0% officer compensation, which is a positive indicator of transparency and a focus on mission-driven spending, as it suggests that top leadership is either unpaid or compensated through other means not classified as officer compensation on the 990, or that the organization is structured to minimize executive pay. The consistent surplus of revenue over expenses, such as $1.28 million in 2023 ($12,388,574 revenue vs. $11,111,721 expenses), further reinforces its financial stability and ability to reinvest in its programs.