Is Colbert County Community Corrections Inc Legit?
Quick charity verification for Colbert County Community Corrections Inc (EIN: 203295910)
Verdict: Colbert County Community Corrections Inc appears trustworthy
85/100Mission Score
$330KRevenue
$362KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating high efficiency in leadership costs.
Regular and consistent IRS 990 filing history (13 filings), demonstrating strong transparency.
Stable financial operations with revenues generally covering expenses.
Relatively low liabilities across most filing periods, suggesting good financial management.
Recent asset growth from $242,917 in 2022 to $250,195 in 2023.
Spending Breakdown
How Colbert County Community Corrections Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Colbert County Community Corrections Inc
Is Colbert County Community Corrections Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Colbert County Community Corrections Inc (EIN: 203295910) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Colbert County Community Corrections Inc a good charity to donate to?
Colbert County Community Corrections Inc has a Mission Score of 85/100. Revenue: $330K. Assets: $362K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Colbert County Community Corrections Inc?
The Employer Identification Number (EIN) for Colbert County Community Corrections Inc is 203295910. 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 Colbert County Community Corrections Inc spend its money?
Colbert County Community Corrections Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Colbert County Community Corrections Inc's tax-exempt status?
You can verify Colbert County Community Corrections Inc's tax-exempt status using EIN 203295910 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
Colbert County Community Corrections Inc demonstrates consistent financial activity, with revenues and expenses generally in the range of $190,000 to $330,000 over the past decade. The organization's assets have fluctuated but show a recent upward trend, reaching $250,195 in 2023. A significant strength is the consistent reporting of 0% officer compensation across all available filings, indicating a volunteer-led or very lean executive structure, which can contribute to higher program spending efficiency. The organization's liabilities have remained relatively low, suggesting good financial management and limited debt burden.
While specific program spending percentages are not detailed in the provided data, the absence of officer compensation suggests a strong potential for a high proportion of expenses to be directed towards its mission. The organization's consistent filing of IRS Form 990s over 13 periods indicates a commitment to transparency. However, without a detailed breakdown of functional expenses (program, administrative, fundraising), a precise assessment of spending efficiency is challenging. The latest filing shows revenues exceeding expenses ($252,027 vs. $230,305), contributing to asset growth.
Overall, Colbert County Community Corrections Inc appears to be a financially stable organization with a strong commitment to transparency through its regular IRS filings and a notable lack of executive compensation. This structure likely allows a greater portion of its resources to be allocated directly to its community corrections programs. Further analysis would benefit from a detailed breakdown of its functional expenses to fully ascertain its spending efficiency.