Is Common Threads Family Resource Center Legit?

Quick charity verification for Common Threads Family Resource Center (EIN: 205196210)

Verdict: Common Threads Family Resource Center appears trustworthy

95/100Mission Score
$2.9MRevenue
$2.1MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Common Threads Family Resource Center allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Common Threads Family Resource Center

Is Common Threads Family Resource Center a legitimate charity?

Based on AI analysis of IRS 990 filings, Common Threads Family Resource Center (EIN: 205196210) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Common Threads Family Resource Center a good charity to donate to?

Common Threads Family Resource Center has a Mission Score of 95/100. Revenue: $2.9M. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Common Threads Family Resource Center?

The Employer Identification Number (EIN) for Common Threads Family Resource Center is 205196210. 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 Common Threads Family Resource Center spend its money?

Common Threads Family Resource Center allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Common Threads Family Resource Center's tax-exempt status?

You can verify Common Threads Family Resource Center's tax-exempt status using EIN 205196210 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

Common Threads Family Resource Center demonstrates a generally healthy financial trajectory, marked by consistent revenue growth over the past several years, culminating in $3,242,615 in revenue for the 202406 period. The organization has also maintained a positive net asset position, with assets of $2,193,629 exceeding liabilities of $1,224,257 in the latest filing. This indicates a stable financial foundation. Spending efficiency appears strong, as evidenced by the consistent trend of expenses being less than revenue in most recent periods, allowing for asset accumulation. For instance, in 202406, expenses were $2,916,852 against $3,242,615 in revenue. The absence of reported 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 volunteer-driven or very lean leadership structure. Overall, Common Threads Family Resource Center exhibits sound financial management, a clear focus on its programmatic mission given the lack of executive compensation, and a transparent approach to its operations. The consistent growth in revenue and assets, coupled with efficient spending, positions the organization well for continued impact.

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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