Is Colorofchange Org Legit?

Quick charity verification for Colorofchange Org (EIN: 204496889)

Verdict: Colorofchange Org appears trustworthy

75/100Mission Score
$6.1MRevenue
$28.7MAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Colorofchange Org allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
10%
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 Colorofchange Org

Is Colorofchange Org a legitimate charity?

Based on AI analysis of IRS 990 filings, Colorofchange Org (EIN: 204496889) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

Is Colorofchange Org a good charity to donate to?

Colorofchange Org has a Mission Score of 75/100. Revenue: $6.1M. Assets: $28.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Colorofchange Org?

The Employer Identification Number (EIN) for Colorofchange Org is 204496889. 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 Colorofchange Org spend its money?

Colorofchange Org allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Colorofchange Org's tax-exempt status?

You can verify Colorofchange Org's tax-exempt status using EIN 204496889 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

Colorofchange Org exhibits a fluctuating financial landscape, with significant swings in revenue and expenses over the past few years. While the organization has demonstrated periods of substantial revenue growth, such as in 2020 and 2021, the most recent filing (202306) shows expenses of $11,601,195 far exceeding revenue of $4,023,965, indicating a deficit spending year. This trend, coupled with a notable increase in liabilities to $6,557,554 in 2023 from $1,395,112 in 2021, suggests potential financial strain or strategic investment. The organization's assets have grown considerably over time, reaching $24,067,275 in 2023, which provides a buffer, but the recent deficit spending warrants close monitoring. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice is highly commendable and suggests a strong ethical stance regarding financial management. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is challenging. The substantial asset base, particularly the $28,664,371 in latest reported assets, provides a strong foundation, but the recent operational deficit needs to be addressed for long-term sustainability. Overall, Colorofchange Org demonstrates a commitment to transparency regarding executive compensation, which is a positive sign. However, the recent financial performance, characterized by a significant deficit and increased liabilities, raises questions about its short-term financial health and spending efficiency. Further details on expense allocation would be beneficial for a more comprehensive analysis of its operational effectiveness.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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