Is Community Connections Real Estate Foundation Legit?
Quick charity verification for Community Connections Real Estate Foundation (EIN: 10818232)
Verdict: Community Connections Real Estate Foundation appears trustworthy
90/100Mission Score
$2.3MRevenue
$18.0MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed program spending breakdown in provided data (though overall efficiency is high)
Strengths
Consistent asset growth, reaching over $18 million in 2023.
Zero reported officer compensation across all filings, indicating high transparency and mission focus.
Revenue consistently exceeds expenses in most years, demonstrating strong financial management.
Long filing history (13 filings) indicates sustained operation and compliance.
Strong financial health with a healthy balance sheet (Assets $18M vs. Liabilities $7.8M in 2023).
Spending Breakdown
How Community Connections Real Estate Foundation 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 Connections Real Estate Foundation
Is Community Connections Real Estate Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Connections Real Estate Foundation (EIN: 10818232) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Community Connections Real Estate Foundation a good charity to donate to?
Community Connections Real Estate Foundation has a Mission Score of 90/100. Revenue: $2.3M. Assets: $18.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Community Connections Real Estate Foundation?
The Employer Identification Number (EIN) for Community Connections Real Estate Foundation is 10818232. 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 Connections Real Estate Foundation spend its money?
Community Connections Real Estate Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Community Connections Real Estate Foundation's tax-exempt status?
You can verify Community Connections Real Estate Foundation's tax-exempt status using EIN 10818232 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 Connections Real Estate Foundation demonstrates consistent financial stability with assets steadily growing over the past decade, reaching $18,123,113 in 2023. The organization consistently generates more revenue than expenses, as seen in 2023 where revenue was $1,801,530 against expenses of $1,190,367, indicating sound financial management and an ability to build reserves. Their NTEE code S47 (Community Development Corporations) suggests a focus on real estate for community benefit, which aligns with their name and asset growth.
The organization's spending efficiency appears strong, with expenses generally well below revenue, allowing for asset accumulation. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice enhances public trust and suggests a volunteer or very low-paid leadership structure, which is highly commendable for a nonprofit of this size.
Overall, Community Connections Real Estate Foundation exhibits robust financial health, efficient operations given its asset growth and expense management, and high transparency regarding executive compensation. The consistent positive net income in most years allows for sustained program delivery and long-term impact within the community development sector.