Quick charity verification for Collegiate Cultural Foundation (EIN: 203462976)
Verdict: Collegiate Cultural Foundation shows mixed signals
65/100Mission Score
$5.1MRevenue
$5.1MAssets
4Red Flags
3Strengths
Red Flags
Significant discrepancy between 'Latest Revenue/Assets' and individual annual filing data, requiring clarification.
History of operational deficits in multiple periods (e.g., 202206, 202106, 202006, 201706, 201506, 201412).
Lack of detailed expense breakdowns (program, admin, fundraising) in the provided data, hindering efficiency assessment.
Consistently reported 0% officer compensation for an organization with over $5 million in assets, which is unusual and warrants further inquiry.
Strengths
Recent positive trend in 202306 with revenue ($232,900) exceeding expenses ($197,402).
No reported officer compensation, potentially indicating efficient use of funds or volunteer leadership.
Long filing history (13 filings) suggests sustained operation over time.
Spending Breakdown
How Collegiate Cultural Foundation 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 Collegiate Cultural Foundation
Is Collegiate Cultural Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Collegiate Cultural Foundation (EIN: 203462976) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
Is Collegiate Cultural Foundation a good charity to donate to?
Collegiate Cultural Foundation has a Mission Score of 65/100. Revenue: $5.1M. Assets: $5.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Collegiate Cultural Foundation?
The Employer Identification Number (EIN) for Collegiate Cultural Foundation is 203462976. 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 Collegiate Cultural Foundation spend its money?
Collegiate Cultural Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Collegiate Cultural Foundation's tax-exempt status?
You can verify Collegiate Cultural Foundation's tax-exempt status using EIN 203462976 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 Collegiate Cultural Foundation exhibits a fluctuating financial history, with recent filings showing a significant increase in reported revenue and assets in the latest period compared to prior years. While the latest revenue is stated as $5,131,026 and assets at $5,141,259, the detailed filing history for individual periods (e.g., 202306 revenue of $232,900) suggests that the 'Latest Revenue' and 'Assets' figures provided might represent cumulative or consolidated data not directly reflected in the individual annual filings listed. This discrepancy warrants further investigation to understand the true scale and financial health of the organization. The consistent reporting of 0% officer compensation across all listed periods indicates a potential reliance on volunteer leadership or that compensation is reported under different categories, which could be a positive for efficiency or a point of inquiry for transparency regarding leadership structure.
The organization's spending efficiency, based on the provided annual data, shows periods where expenses exceeded revenue (e.g., 202206: Revenue=$128,281, Expenses=$203,500), indicating operational deficits. However, the most recent individual filing (202306: Revenue=$232,900, Expenses=$197,402) shows a surplus, which is a positive trend. The absence of detailed breakdowns for program, administrative, and fundraising expenses in the provided data makes a precise assessment of spending efficiency challenging. The NTEE code R62 (Student Organizations) suggests a focus on educational or cultural programs, which aligns with a mission-driven approach.
Transparency regarding financial operations could be improved by providing more granular expense breakdowns. The significant jump in reported 'Latest Revenue' and 'Assets' compared to the annual filing history requires clarification to ensure a complete understanding of the organization's financial standing. While the lack of officer compensation is a positive sign for resource allocation, a clearer picture of how the organization manages its finances and allocates its resources would enhance overall transparency.