Quick charity verification for Consource Inc (EIN: 202932856)
Verdict: Consource Inc shows mixed signals
65/100Mission Score
$41KRevenue
$34KAssets
3Red Flags
2Strengths
Red Flags
Significant operating deficit in 2020 ($256,374, with expenses of $297,639 against revenue of $41,265).
Dramatic decline in revenue from $217,809 in 2019 to $41,265 in 2020.
Inconsistent revenue streams over the past 8 years, ranging from $41,265 to $631,926.
Strengths
Consistent reporting of 0% officer compensation, indicating resources are not used for executive salaries.
Zero liabilities reported in the latest filing (2020), as well as in 2016 and 2015.
Spending Breakdown
How Consource Inc 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 Consource Inc
Is Consource Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Consource Inc (EIN: 202932856) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Consource Inc a good charity to donate to?
Consource Inc has a Mission Score of 65/100. Revenue: $41K. Assets: $34K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Consource Inc?
The Employer Identification Number (EIN) for Consource Inc is 202932856. 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 Consource Inc spend its money?
Consource Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Consource Inc's tax-exempt status?
You can verify Consource Inc's tax-exempt status using EIN 202932856 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
Consource Inc. exhibits inconsistent financial performance over its filing history. While the organization reported significant revenue in 2018 ($631,926) and 2019 ($217,809), its latest filing for 2020 shows a sharp decline in revenue to $41,265, coupled with expenses of $297,639, indicating a substantial operating deficit. This trend suggests potential instability or a significant change in operations. The organization consistently reports zero officer compensation, which is a positive indicator for resource allocation directly to its mission, assuming all key personnel are volunteers or compensated through other means not reported as officer compensation.
The financial health appears to have deteriorated significantly in the most recent period, with expenses far exceeding revenue. While asset levels have fluctuated, the latest assets of $33,962 are relatively low compared to the expenses incurred in 2020. The consistent reporting of zero liabilities in recent years (2020, 2016, 2015) is a positive sign regarding debt management. However, the dramatic drop in revenue and the large deficit in 2020 raise concerns about the organization's long-term sustainability and its ability to fund its programs effectively.