Is Codale Childrens Classic Legit?

Quick charity verification for Codale Childrens Classic (EIN: 200057042)

Verdict: Codale Childrens Classic has notable concerns

35/100Mission Score
$39KRevenue
$143KAssets
4Red Flags
2Strengths

Red Flags

Strengths

Spending Breakdown

How Codale Childrens Classic allocates its funds across programs, administration, and fundraising.

70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Codale Childrens Classic

Is Codale Childrens Classic a legitimate charity?

Based on AI analysis of IRS 990 filings, Codale Childrens Classic (EIN: 200057042) has notable concerns. Mission Score: 35/100. 4 red flags identified, 2 strengths noted.

Is Codale Childrens Classic a good charity to donate to?

Codale Childrens Classic has a Mission Score of 35/100. Revenue: $39K. Assets: $143K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Codale Childrens Classic?

The Employer Identification Number (EIN) for Codale Childrens Classic is 200057042. 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 Codale Childrens Classic spend its money?

Codale Childrens Classic allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Codale Childrens Classic's tax-exempt status?

You can verify Codale Childrens Classic's tax-exempt status using EIN 200057042 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

Codale Childrens Classic exhibits inconsistent financial performance and a concerning trend of declining assets. In 2020, the organization reported revenue of $36,470 against expenses of $235,200, indicating a significant deficit. This follows an even larger deficit in 2019, where revenue of $112,128 was dwarfed by expenses of $1,924,300. The organization's assets have sharply declined from a peak of $2,382,539 in 2017 to $143,114 in 2020, raising questions about its long-term financial stability and the use of its reserves. While officer compensation has consistently been reported as 0%, the substantial and repeated deficits suggest a need for greater financial oversight and strategic planning to ensure sustainability. The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the large deficits in recent years, particularly the $1.8 million deficit in 2019, are a major red flag regarding financial management. The consistent reporting of zero officer compensation is a positive aspect of transparency regarding executive pay, but the overall financial picture suggests significant challenges in managing resources effectively to achieve its mission. The rapid depletion of assets warrants further investigation into the nature of the large expenses incurred in 2019 and 2020.

View Full Transparency Report →

Disclaimer

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

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