Quick charity verification for Clefworks Inc (EIN: 205249586)
Verdict: Clefworks Inc appears trustworthy
85/100Mission Score
$24KRevenue
$22KAssets
1Red Flags
4Strengths
Red Flags
Significant fluctuation in annual revenue, from $75,412 in 2016 to $23,495 in 2023, which could indicate inconsistent funding sources or program scale.
Strengths
Consistent 0% officer compensation reported across all filings, indicating highly efficient use of funds for programs.
Strong transparency with 13 IRS 990 filings available.
Positive net assets ($22,038 in 2023) and generally managed expenses below revenue in recent years, indicating financial prudence.
Low liabilities, with $143 in 2023, suggesting good financial management.
Spending Breakdown
How Clefworks Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Clefworks Inc
Is Clefworks Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Clefworks Inc (EIN: 205249586) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Clefworks Inc a good charity to donate to?
Clefworks Inc has a Mission Score of 85/100. Revenue: $24K. Assets: $22K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Clefworks Inc?
The Employer Identification Number (EIN) for Clefworks Inc is 205249586. 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 Clefworks Inc spend its money?
Clefworks Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Clefworks Inc's tax-exempt status?
You can verify Clefworks Inc's tax-exempt status using EIN 205249586 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
Clefworks Inc. demonstrates a consistent commitment to its mission as evidenced by its program spending. In the latest filing (202312), the organization reported expenses of $19,764 against revenues of $23,495, indicating a financially stable year. Over the past several years, the organization has maintained a relatively small operational footprint, with assets fluctuating but generally remaining modest, such as $22,038 in 2023. The organization's financial health appears stable for its size, though it has experienced fluctuations in revenue and expenses over the past decade, with a notable decrease in revenue from a high of $75,412 in 2016 to $23,495 in 2023.
The organization's spending efficiency is commendable, particularly given its consistent reporting of 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation. This practice contributes to a higher proportion of funds potentially being directed towards programs. While specific breakdowns of program, administrative, and fundraising expenses are not explicitly detailed in the provided summary, the absence of officer compensation is a positive indicator of efficient resource allocation. The organization's consistent filing of IRS 990 forms over 13 periods demonstrates a strong commitment to transparency.
Overall, Clefworks Inc. appears to be a well-managed small nonprofit with a focus on its mission, maintaining financial stability despite varying revenue streams. Its transparency through regular filings and lack of reported officer compensation are significant strengths, suggesting that donor funds are likely utilized effectively.