Is Conscious Capitalism Inc Legit? —…

Spending Breakdown

How Conscious Capitalism Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

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 Conscious Capitalism Inc

Is Conscious Capitalism Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Conscious Capitalism Inc (EIN: 202238653) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Conscious Capitalism Inc a good charity to donate to?

Conscious Capitalism Inc has a Mission Score of 65/100. Revenue: $2.0M. Assets: $644K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Conscious Capitalism Inc?

The Employer Identification Number (EIN) for Conscious Capitalism Inc is 202238653. 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 Conscious Capitalism Inc spend its money?

Conscious Capitalism Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Conscious Capitalism Inc's tax-exempt status?

You can verify Conscious Capitalism Inc's tax-exempt status using EIN 202238653 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

Conscious Capitalism Inc. has experienced fluctuating financial performance over the past few years. While the organization reported revenue of $2,007,260 in its latest filing, it has consistently operated with deficits in recent periods, with expenses exceeding revenue by $538,892 in 2023 and $943,612 in 2022. This trend of spending more than it earns raises concerns about long-term financial sustainability, especially given the decline in assets from a peak of $2,250,493 in 2021 to $797,442 in 2023. The organization's liabilities have also shown some fluctuation but remain manageable relative to assets.

The organization's transparency appears strong regarding executive compensation, as all filings indicate 0% officer compensation, suggesting that top leadership may be unpaid or compensated through other means not categorized as officer compensation on the 990, or that the organization relies heavily on volunteers or external contractors for leadership roles. However, without a detailed breakdown of functional expenses (program, administrative, fundraising) from the provided data, a precise assessment of spending efficiency is challenging. The consistent deficits suggest a need for improved financial management or increased revenue generation to align expenses with income.

Overall, Conscious Capitalism Inc. demonstrates a commitment to its mission, as evidenced by its consistent operations, but its recent financial performance indicates a need for strategic adjustments to ensure fiscal health. The decline in assets and recurring deficits are significant points of concern that warrant closer examination of its operational model and funding strategies. While the lack of officer compensation is a positive indicator of resource allocation, the overall financial trend suggests potential challenges in maintaining its current operational scale without addressing the revenue-expense imbalance.

Is Conscious Capitalism Inc Legit?

Verdict: Conscious Capitalism Inc shows mixed signals

Red Flags

Strengths