Is Claudias & Eddies Place Nfp Legit?

Quick charity verification for Claudias & Eddies Place Nfp (EIN: 208936995)

Verdict: Claudias & Eddies Place Nfp appears trustworthy

75/100Mission Score
$388KRevenue
$73KAssets
3Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Claudias & Eddies Place Nfp demonstrates a consistent operational history with growing revenue over the past decade, reaching $388,331 in 2023. The organization's financial health shows some volatility, with expenses exceeding revenue in 2023 ($404,522 vs. $388,331), leading to a net deficit for the year. This contrasts with previous years like 2022 and 2021 where revenue comfortably exceeded expenses. The organization's assets are relatively modest at $73,118 in 2023, and a notable increase in liabilities to $105,057 in 2023, exceeding assets, warrants closer examination. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-led or very lean executive structure, which can be a positive for donor confidence regarding overhead. However, the recent increase in liabilities relative to assets could indicate potential financial strain or significant short-term obligations.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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