Is Community Real Estate And Personal Property Foundation Inc Legit?
Quick charity verification for Community Real Estate And Personal Property Foundation Inc (EIN: 200875816)
Verdict: Community Real Estate And Personal Property Foundation Inc appears trustworthy
70/100Mission Score
$327KRevenue
$3.6MAssets
3Red Flags
3Strengths
Red Flags
Recurring operational deficits (e.g., $91,313 in 2023, $153,447 in 2022) where expenses significantly exceed revenue.
Highly volatile revenue figures, including negative revenue in some periods, indicating unpredictable funding or complex financial activities.
Lack of detailed expense breakdown (program, admin, fundraising) in the summary data makes it difficult to fully assess spending efficiency.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds at the executive level.
Substantial and relatively stable asset base (e.g., $3,563,634 in 2023) provides a financial cushion.
Long filing history (13 filings) suggests established operations and compliance with reporting requirements.
Spending Breakdown
How Community Real Estate And Personal Property Foundation 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
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 Real Estate And Personal Property Foundation Inc
Is Community Real Estate And Personal Property Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Real Estate And Personal Property Foundation Inc (EIN: 200875816) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Community Real Estate And Personal Property Foundation Inc a good charity to donate to?
Community Real Estate And Personal Property Foundation Inc has a Mission Score of 70/100. Revenue: $327K. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Community Real Estate And Personal Property Foundation Inc?
The Employer Identification Number (EIN) for Community Real Estate And Personal Property Foundation Inc is 200875816. 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 Real Estate And Personal Property Foundation Inc spend its money?
Community Real Estate And Personal Property Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Community Real Estate And Personal Property Foundation Inc's tax-exempt status?
You can verify Community Real Estate And Personal Property Foundation Inc's tax-exempt status using EIN 200875816 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 Real Estate And Personal Property Foundation Inc exhibits inconsistent financial performance over the past several years, with significant fluctuations in revenue and expenses. For instance, in 2023, the organization reported revenue of $66,441 against expenses of $157,754, indicating a deficit. This trend of expenses exceeding revenue is also visible in 2022 ($65,967 revenue vs. $219,414 expenses) and 2021 ($72,043 revenue vs. $11,943 expenses, though this year showed a surplus). The organization's assets have remained relatively stable around $3.5 million to $4 million in recent years, despite these operational deficits. The absence of reported officer compensation across all filings suggests a volunteer-led or minimally compensated leadership structure, which can be a positive indicator for donor confidence regarding administrative overhead.
The organization's financial health appears to be sustained by its substantial asset base, as operational revenues frequently fall short of expenses. The wide swings in revenue, including negative figures in some periods (e.g., -$27,904 in 2021 and -$57,904 in 2020), suggest reliance on non-operating income or asset sales, or significant accounting adjustments. While the lack of officer compensation is a strength, the overall financial stability and long-term sustainability warrant closer examination given the recurring operational deficits. The NTEE code T19 (Housing, Shelter) suggests a mission that typically involves significant program spending, and further detail on how their expenses are allocated would be beneficial for a complete assessment of spending efficiency.
Transparency regarding the specific allocation of expenses (program vs. administrative vs. fundraising) is not explicitly detailed in the provided summary, making a precise assessment of spending efficiency challenging. However, the consistent reporting of zero officer compensation across all filings is a strong positive for transparency and efficient use of funds at the executive level. The organization's ability to maintain its asset base despite operational deficits suggests a strategic approach to managing its resources, though the source of funding for these deficits is not immediately clear from the provided data.