Quick charity verification for Climb (EIN: 201523033)
Verdict: Climb appears trustworthy
88/100Mission Score
$12.9MRevenue
$10.1MAssets
2Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the most recent filing (202309), a deviation from prior years' surpluses.
Lack of detailed officer compensation in summary data requires further investigation into full 990 filings to ensure transparency.
Strengths
Consistent revenue growth over the past decade, from $3.3M in 2014 to $6.7M in 2023.
Strong asset base ($8,075,795 in 202309) significantly exceeding liabilities ($638,932), indicating financial stability.
History of positive net assets, demonstrating sound financial management.
No reported officer compensation in summary data, suggesting potential for high program spending or volunteer leadership (pending full 990 review).
Spending Breakdown
How Climb 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 Climb
Is Climb a legitimate charity?
Based on AI analysis of IRS 990 filings, Climb (EIN: 201523033) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
Is Climb a good charity to donate to?
Climb has a Mission Score of 88/100. Revenue: $12.9M. Assets: $10.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Climb?
The Employer Identification Number (EIN) for Climb is 201523033. 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 Climb spend its money?
Climb allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Climb's tax-exempt status?
You can verify Climb's tax-exempt status using EIN 201523033 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
Climb demonstrates a generally stable financial trajectory with consistent growth in revenue and assets over the past decade. In the latest reported period (202309), the organization experienced a slight deficit, with expenses ($7,031,928) exceeding revenue ($6,762,860), which is a deviation from previous years where revenue typically outpaced expenses. However, the organization maintains a healthy asset base of $8,075,795, significantly exceeding its liabilities of $638,932, indicating strong financial solvency. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that executive compensation is not reported in this specific field, which warrants further investigation into Part VII of the 990 for detailed compensation figures.
Spending efficiency appears to be a strength, given the consistent growth in assets relative to expenses, suggesting effective use of funds to build organizational capacity. The organization's NTEE code P42 (Child Day Care) indicates a focus on direct program services, which aligns with typical nonprofit missions. The absence of reported officer compensation in the summary data is a notable point for transparency, as it could either mean no compensation is paid to officers or it's reported elsewhere in the 990, which would require deeper analysis to confirm.
Overall, Climb appears to be a financially sound organization with a history of growth and responsible asset management. The recent deficit in 202309 is a point to monitor, but it does not immediately signal distress given the overall financial health. The consistent 0% officer compensation in the provided data is a positive indicator of transparency, assuming it accurately reflects the full compensation picture.