Quick charity verification for Community Caregivers Of Greater Derry (EIN: 20424532)
Verdict: Community Caregivers Of Greater Derry appears trustworthy
90/100Mission Score
$471KRevenue
$319KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, more than doubling from $186,284 in 2014 to $395,271 in 2023.
Strong asset growth, increasing from $79,139 in 2014 to $267,598 in 2023.
No reported officer compensation across all 13 filings, indicating efficient use of funds and volunteer leadership.
Generally positive net income (revenue exceeding expenses) in most recent years, contributing to financial stability.
Low liabilities relative to assets, suggesting a healthy balance sheet.
Spending Breakdown
How Community Caregivers Of Greater Derry allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Community Caregivers Of Greater Derry
Is Community Caregivers Of Greater Derry a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Caregivers Of Greater Derry (EIN: 20424532) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Community Caregivers Of Greater Derry a good charity to donate to?
Community Caregivers Of Greater Derry has a Mission Score of 90/100. Revenue: $471K. Assets: $319K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Community Caregivers Of Greater Derry?
The Employer Identification Number (EIN) for Community Caregivers Of Greater Derry is 20424532. 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 Community Caregivers Of Greater Derry spend its money?
Community Caregivers Of Greater Derry allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Community Caregivers Of Greater Derry's tax-exempt status?
You can verify Community Caregivers Of Greater Derry's tax-exempt status using EIN 20424532 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
Community Caregivers Of Greater Derry demonstrates consistent financial health, with revenues generally exceeding expenses in recent years, contributing to a steady growth in assets. For instance, in 2022, revenue was $376,927 against expenses of $338,163, and assets grew from $254,965 in 2021 to $258,696. The organization's commitment to its mission is evident through its program spending, which appears to be the primary focus of its expenditures. The absence of reported officer compensation across all available filings suggests a volunteer-driven leadership or very modest compensation, which is a positive indicator for donor confidence and efficient use of funds.
The organization's transparency is strong, with a clear filing history and no reported officer compensation, which simplifies the analysis of how funds are allocated. While specific breakdowns of administrative versus fundraising costs are not provided in the summary data, the overall financial trends suggest a well-managed operation. The growth in assets from $53,126 in 2019 to $267,598 in 2023 indicates prudent financial management and an increasing capacity to serve its community.
Overall, Community Caregivers Of Greater Derry appears to be a financially stable and efficiently run nonprofit. Its consistent growth in revenue and assets, coupled with no reported officer compensation, points to a strong dedication to its mission and responsible stewardship of resources. The organization's financial trajectory over the past decade shows a healthy expansion of its operations and impact.