Quick charity verification for College Ministries Of Virginia (EIN: 208955110)
Verdict: College Ministries Of Virginia appears trustworthy
75/100Mission Score
$884KRevenue
$132KAssets
2Red Flags
3Strengths
Red Flags
Consistent expenses exceeding revenue in recent years (e.g., 2023, 2022, 2021) without clear explanation of funding sources for the deficit.
High and increasing liabilities relative to assets, reaching $297,440 in 2023 against $406,195 in assets, which could indicate significant debt or restricted funds.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds for executive pay.
Significant growth in assets from $4,504 in 2017 to over $400,000 in recent years, demonstrating capacity for asset accumulation.
Stable revenue and expense levels over the past decade, suggesting consistent operational activity.
Spending Breakdown
How College Ministries Of Virginia allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 College Ministries Of Virginia
Is College Ministries Of Virginia a legitimate charity?
Based on AI analysis of IRS 990 filings, College Ministries Of Virginia (EIN: 208955110) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is College Ministries Of Virginia a good charity to donate to?
College Ministries Of Virginia has a Mission Score of 75/100. Revenue: $884K. Assets: $132K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for College Ministries Of Virginia?
The Employer Identification Number (EIN) for College Ministries Of Virginia is 208955110. 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 College Ministries Of Virginia spend its money?
College Ministries Of Virginia allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify College Ministries Of Virginia's tax-exempt status?
You can verify College Ministries Of Virginia's tax-exempt status using EIN 208955110 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
College Ministries Of Virginia demonstrates consistent operational activity, with revenues and expenses generally in a similar range over the past decade. The organization's assets have shown significant growth, particularly between 2017 and 2018, jumping from $4,504 to $411,711, and have remained relatively stable around the $400,000 mark in recent years. However, a substantial portion of these assets are offset by liabilities, which have also increased significantly and consistently, reaching $297,440 in 2023. This indicates a reliance on debt or restricted funds, which warrants closer examination to understand the nature of these liabilities and their impact on financial flexibility.
The organization consistently reports 0% officer compensation, which is a positive indicator for donor confidence regarding executive pay. While the provided data doesn't detail the breakdown of expenses into program, administrative, and fundraising categories, the overall financial picture suggests a stable, albeit tightly managed, operation. The consistent reporting of expenses often exceeding revenue in recent years (e.g., 2023: Revenue $350,231, Expenses $385,894; 2022: Revenue $421,528, Expenses $445,775) suggests the organization is either drawing down reserves or relying on new funding sources to cover operational gaps, which could be a concern if it becomes a long-term trend without corresponding asset growth.