Is Color Pigments Manufacturers Association…

Quick charity verification for Color Pigments Manufacturers Association Inc (EIN: 130646490)

Spending Breakdown

How Color Pigments Manufacturers Association Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Color Pigments Manufacturers Association Inc

Is Color Pigments Manufacturers Association Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Color Pigments Manufacturers Association Inc (EIN: 130646490) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Color Pigments Manufacturers Association Inc a good charity to donate to?

Color Pigments Manufacturers Association Inc has a Mission Score of 70/100. Revenue: $611K. Assets: $171K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Color Pigments Manufacturers Association Inc?

The Employer Identification Number (EIN) for Color Pigments Manufacturers Association Inc is 130646490. 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 Color Pigments Manufacturers Association Inc spend its money?

Color Pigments Manufacturers Association Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Color Pigments Manufacturers Association Inc's tax-exempt status?

You can verify Color Pigments Manufacturers Association Inc's tax-exempt status using EIN 130646490 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 Color Pigments Manufacturers Association Inc (CPMA) demonstrates consistent financial activity, with revenues and expenses generally in the range of $400,000 to $790,000 over the past decade. The organization has experienced several years where expenses exceeded revenue, such as in 2023 ($570,580 expenses vs. $495,660 revenue) and 2022 ($532,883 expenses vs. $490,151 revenue), indicating a reliance on prior reserves or fluctuating operational needs. Assets have shown some variability, peaking around $462,915 in 2019 and currently standing at $195,782 in 2023, while liabilities have also fluctuated, reaching $181,785 in 2019 and $146,192 in 2023. The organization consistently reports 0% officer compensation, which is a notable aspect of its financial structure, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation on the 990, or that the organization is managed by an external entity.

Regarding spending efficiency, without a detailed breakdown of program service expenses versus administrative and fundraising costs, it's challenging to fully assess. However, the consistent reporting of 0% officer compensation suggests a lean approach to executive overhead. The organization's primary function appears to be industry association support, which typically involves advocacy, standards, and member services. The fluctuations in net assets and the recurring deficits in recent years warrant attention, as sustained spending above revenue can erode financial stability over time. The organization's transparency is good in terms of filing its 990s consistently, but the lack of detailed program spending information on the provided summary limits a deeper analysis of its programmatic efficiency.

Overall, CPMA appears to be a stable, albeit sometimes deficit-spending, industry association. Its financial health is moderate, with sufficient assets to cover current liabilities in most years, though the recent trend of expenses exceeding revenue and the increase in liabilities in 2023 bear watching. The absence of officer compensation is a significant positive for efficiency, assuming the organization's mission is being effectively pursued.

Is Color Pigments Manufacturers Association Inc Legit?

Verdict: Color Pigments Manufacturers Association Inc appears trustworthy

Red Flags

Strengths