Is Connor Group Foundation Legit?

Quick charity verification for Connor Group Foundation (EIN: 208499807)

Verdict: Connor Group Foundation appears trustworthy

75/100Mission Score

$5.5MRevenue

$56.3MAssets

3Red Flags

4Strengths

Red Flags

Highly volatile revenue and expense figures year-over-year, making financial forecasting difficult.
Significant increase in liabilities to $40,182,542 in 2023 without clear explanation.
Lack of detailed breakdown for program, administrative, and fundraising expenses in the provided data.

Strengths

Consistent filing of IRS 990 forms over ten periods, demonstrating transparency.
Consistently reports 0% officer compensation, indicating resources are not used for executive salaries.
Substantial asset base, reaching $62,195,571 in 2023, providing financial stability.
Significant growth in assets over its operational history.

Spending Breakdown

How Connor Group Foundation allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

10%

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 Connor Group Foundation

Is Connor Group Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Connor Group Foundation (EIN: 208499807) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.

Is Connor Group Foundation a good charity to donate to?

Connor Group Foundation has a Mission Score of 75/100. Revenue: $5.5M. Assets: $56.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Connor Group Foundation?

The Employer Identification Number (EIN) for Connor Group Foundation is 208499807. 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 Connor Group Foundation spend its money?

Connor Group Foundation allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Connor Group Foundation's tax-exempt status?

You can verify Connor Group Foundation's tax-exempt status using EIN 208499807 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

The Connor Group Foundation exhibits highly variable financial activity, with revenues fluctuating significantly year-over-year, from a high of $50,620,083 in 2021 to $10,981,921 in 2023. This volatility makes consistent financial planning and assessment challenging. The organization's assets have grown substantially over its history, reaching $62,195,571 in 2023, indicating a strong asset base. However, liabilities have also seen a significant increase, particularly in 2023, reaching $40,182,542, which warrants closer examination to understand their nature and impact on long-term financial stability.

Spending efficiency is difficult to precisely determine without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the organization consistently reports 0% officer compensation, which is a positive indicator for resource allocation towards its mission rather than executive salaries. The substantial expenses in some years, such as $28,758,985 in 2023, compared to revenues, suggest significant programmatic activity or investment, but without further detail, it's hard to assess the efficiency of these expenditures. The large swings in expenses, like $9,105,555 in 2021 versus $35,246,795 in 2022, also point to an inconsistent operational scale.

Regarding transparency, the consistent filing of IRS 990 forms over ten periods demonstrates a commitment to public disclosure. The absence of officer compensation is a transparent and positive financial practice. However, a more detailed breakdown of expenses beyond total expenses would enhance transparency, allowing for a clearer understanding of how funds are allocated across programs, administration, and fundraising. The significant increase in liabilities in recent years, without further context, could be a point of concern for stakeholders seeking full financial clarity.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.