Steady growth in assets over the years, from $29M in 2011 to $36.9M in 2016.
No reported officer compensation, suggesting low overhead in this specific area.
Spending Breakdown
How Connected Credit Union allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Connected Credit Union
Is Connected Credit Union a legitimate charity?
Based on AI analysis of IRS 990 filings, Connected Credit Union (EIN: 10409063) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Connected Credit Union a good charity to donate to?
Connected Credit Union has a Mission Score of 65/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Connected Credit Union?
The Employer Identification Number (EIN) for Connected Credit Union is 10409063. 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 Connected Credit Union spend its money?
Connected Credit Union allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Connected Credit Union's tax-exempt status?
You can verify Connected Credit Union's tax-exempt status using EIN 10409063 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
Connected Credit Union consistently reports strong financial health, with revenues exceeding expenses across all available filings. For instance, in 2016, revenue was $1,709,231 against expenses of $1,548,174, indicating a surplus. The organization's assets have also shown steady growth, increasing from $29,088,640 in 2011 to $36,912,914 in 2016, demonstrating financial stability and capacity. The consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing administrative overhead in this area, which is a positive indicator of spending efficiency. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is limited. The NTEE code being unknown also hinders a full understanding of its specific mission and how its financial activities align with typical nonprofit operations for its sector.