Quick charity verification for Colebrook Preservation Society Inc (EIN: 208602135)
Verdict: Colebrook Preservation Society Inc appears trustworthy
92/100Mission Score
$15KRevenue
$107KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $90,175 in 2015 to $101,078 in 2023, demonstrating financial stability.
Zero officer compensation reported across all filings, indicating a highly volunteer-driven and efficient leadership structure.
Very low or zero liabilities in most years, suggesting minimal debt and strong financial health.
Expenses generally kept in line with or below revenue, reflecting prudent financial management.
Strong program focus due to minimal administrative overhead from executive compensation.
Spending Breakdown
How Colebrook Preservation Society Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Colebrook Preservation Society Inc
Is Colebrook Preservation Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Colebrook Preservation Society Inc (EIN: 208602135) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Colebrook Preservation Society Inc a good charity to donate to?
Colebrook Preservation Society Inc has a Mission Score of 92/100. Revenue: $15K. Assets: $107K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Colebrook Preservation Society Inc?
The Employer Identification Number (EIN) for Colebrook Preservation Society Inc is 208602135. 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 Colebrook Preservation Society Inc spend its money?
Colebrook Preservation Society Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Colebrook Preservation Society Inc's tax-exempt status?
You can verify Colebrook Preservation Society Inc's tax-exempt status using EIN 208602135 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 Colebrook Preservation Society Inc demonstrates consistent financial stability with assets steadily growing over the past nine years, from $90,175 in 2015 to $101,078 in 2023. The organization's revenue fluctuates significantly year-to-year, ranging from a low of $8,700 in 2019 to a high of $72,305 in 2017, indicating reliance on varied funding sources or project-specific grants. Despite these fluctuations, expenses generally remain below or close to revenue, suggesting prudent financial management.
The society consistently reports 0% officer compensation across all filings, which is a strong indicator of volunteer-driven leadership and efficient use of funds directly for its mission. This practice significantly reduces administrative overhead. The organization's liabilities have remained very low or non-existent in most years, further underscoring a healthy financial position and minimal debt burden.
Overall, the Colebrook Preservation Society Inc appears to be a financially sound and transparent organization, particularly given its consistent asset growth and zero executive compensation. Its financial health is robust for an organization of its size, effectively managing its resources to support its preservation mission.