Is Colonial Farmhouse Restoration Society Of Bellerose Inc Legit?
Quick charity verification for Colonial Farmhouse Restoration Society Of Bellerose Inc (EIN: 112508369)
Verdict: Colonial Farmhouse Restoration Society Of Bellerose Inc appears trustworthy
95/100Mission Score
$3.2MRevenue
$3.6MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent growth in net assets, from $1,728,147 in 2014 to $4,000,260 in 2023.
Zero officer compensation reported across all filing periods, indicating high efficiency and transparency.
Consistent revenue generation, averaging over $3 million annually in recent years.
Healthy financial surpluses in most recent periods (e.g., $466,972 in 202306 and $774,926 in 202206).
Low liabilities relative to assets, indicating a strong balance sheet.
Spending Breakdown
How Colonial Farmhouse Restoration Society Of Bellerose Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Colonial Farmhouse Restoration Society Of Bellerose Inc
Is Colonial Farmhouse Restoration Society Of Bellerose Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Colonial Farmhouse Restoration Society Of Bellerose Inc (EIN: 112508369) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Colonial Farmhouse Restoration Society Of Bellerose Inc a good charity to donate to?
Colonial Farmhouse Restoration Society Of Bellerose Inc has a Mission Score of 95/100. Revenue: $3.2M. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Colonial Farmhouse Restoration Society Of Bellerose Inc?
The Employer Identification Number (EIN) for Colonial Farmhouse Restoration Society Of Bellerose Inc is 112508369. 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 Colonial Farmhouse Restoration Society Of Bellerose Inc spend its money?
Colonial Farmhouse Restoration Society Of Bellerose Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Colonial Farmhouse Restoration Society Of Bellerose Inc's tax-exempt status?
You can verify Colonial Farmhouse Restoration Society Of Bellerose Inc's tax-exempt status using EIN 112508369 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 Colonial Farmhouse Restoration Society Of Bellerose Inc demonstrates consistent financial health with a positive trend in net assets. In the latest filing period (202306), the organization reported revenue of $3,300,728 against expenses of $2,833,756, resulting in a surplus that contributed to an increase in assets to $4,000,260. This indicates effective financial management and a capacity to build reserves. The organization has also consistently reported 0% officer compensation across all available filings, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries.
While specific program spending details are not provided in the summary data, the consistent surpluses and growth in assets suggest a stable operational environment. The organization's liabilities have remained relatively low compared to its assets, with the latest at $180,587 against $4,000,260 in assets, indicating a healthy balance sheet. The absence of officer compensation is a significant positive for transparency, as it removes a common area of concern for donors regarding executive pay.
Overall, the financial data points to a well-managed organization with a strong financial position. The consistent growth in assets and the absence of officer compensation are key indicators of good stewardship and a focus on its stated purpose, which likely involves the restoration of the Colonial Farmhouse.