Is Claymont Renaissance Development Corporation Inc Legit?
Quick charity verification for Claymont Renaissance Development Corporation Inc (EIN: 202265151)
Verdict: Claymont Renaissance Development Corporation Inc appears trustworthy
85/100Mission Score
$330KRevenue
$111KAssets
2Red Flags
5Strengths
Red Flags
Missing expense data for the latest reported revenue period, preventing full financial analysis.
Fluctuating annual revenues and expenses, indicating potential variability in funding or project scope.
Strengths
Consistent history of IRS 990 filings, demonstrating transparency.
Zero officer compensation reported across all filings, indicating a strong commitment to mission-focused spending.
Consistently reports zero liabilities, suggesting sound financial management and no outstanding debt.
Positive net assets in most years, indicating financial stability.
Clear NTEE code (S30 - Community Development Corporations) aligns with its stated mission.
Spending Breakdown
How Claymont Renaissance Development Corporation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Claymont Renaissance Development Corporation Inc
Is Claymont Renaissance Development Corporation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Claymont Renaissance Development Corporation Inc (EIN: 202265151) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Claymont Renaissance Development Corporation Inc a good charity to donate to?
Claymont Renaissance Development Corporation Inc has a Mission Score of 85/100. Revenue: $330K. Assets: $111K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Claymont Renaissance Development Corporation Inc?
The Employer Identification Number (EIN) for Claymont Renaissance Development Corporation Inc is 202265151. 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 Claymont Renaissance Development Corporation Inc spend its money?
Claymont Renaissance Development Corporation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Claymont Renaissance Development Corporation Inc's tax-exempt status?
You can verify Claymont Renaissance Development Corporation Inc's tax-exempt status using EIN 202265151 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
The Claymont Renaissance Development Corporation Inc. demonstrates consistent operational activity with revenues and expenses generally in the range of $70,000 to $140,000 annually over the past decade. While the latest reported revenue of $330,446 is significantly higher than previous years, the provided expense data for that period is missing, making a complete assessment of recent financial health challenging. The organization consistently reports zero liabilities and zero officer compensation, indicating a lean operational structure and a commitment to directing funds towards its mission rather than executive salaries. However, without a detailed breakdown of expenses for the latest period, it's difficult to fully evaluate spending efficiency. The consistent reporting of assets, albeit modest, suggests some financial stability over time.
The organization's transparency is good, with a clear history of IRS 990 filings available. The absence of officer compensation is a positive indicator for donors concerned about executive pay. However, the lack of detailed expense categories (program, administrative, fundraising) in the provided summary data prevents a precise calculation of spending efficiency ratios. The NTEE code S30 (Community Development Corporations) aligns with its name, suggesting a clear mission focus. To enhance transparency further, a detailed breakdown of how the $330,446 in revenue and corresponding expenses were allocated would be beneficial.
Overall, the organization appears to be a stable, community-focused entity with a history of modest but consistent financial activity. The significant jump in the latest reported revenue warrants further investigation to understand its source and how it was utilized. The consistent reporting of zero liabilities and officer compensation are strong points, but a more granular view of spending is needed for a definitive assessment of efficiency.