Is Construction Industry Development Board Inc Legit?
Quick charity verification for Construction Industry Development Board Inc (EIN: 200690640)
Verdict: Construction Industry Development Board Inc appears trustworthy
70/100Mission Score
$963KRevenue
$162KAssets
3Red Flags
4Strengths
Red Flags
Consistent operating deficits in recent years (e.g., $21,825 in 2024, $45,833 in 2023) could erode financial stability.
Declining asset base from $439,423 in 2015 to $191,230 in 2024, indicating a potential long-term financial strain.
Lack of detailed functional expense breakdown in summary data makes it difficult to fully assess spending efficiency.
Strengths
Consistent IRS 990 filing history (14 filings) demonstrates good transparency and compliance.
Zero reported officer compensation across all filings suggests a highly cost-conscious or volunteer-driven leadership structure.
Very low liabilities (consistently $250) indicate strong debt management.
Stable revenue generation, consistently in the high $800,000s to low $900,000s in recent years.
Spending Breakdown
How Construction Industry Development Board 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 Construction Industry Development Board Inc
Is Construction Industry Development Board Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Construction Industry Development Board Inc (EIN: 200690640) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 4 strengths noted.
Is Construction Industry Development Board Inc a good charity to donate to?
Construction Industry Development Board Inc has a Mission Score of 70/100. Revenue: $963K. Assets: $162K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Construction Industry Development Board Inc?
The Employer Identification Number (EIN) for Construction Industry Development Board Inc is 200690640. 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 Construction Industry Development Board Inc spend its money?
Construction Industry Development Board Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Construction Industry Development Board Inc's tax-exempt status?
You can verify Construction Industry Development Board Inc's tax-exempt status using EIN 200690640 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 Construction Industry Development Board Inc (CIDB) demonstrates consistent financial activity, with revenues and expenses generally in the high $800,000s to low $900,000s in recent years. For the period ending June 2024, the organization reported revenues of $973,028 against expenses of $994,853, indicating a slight operating deficit. This trend of expenses exceeding revenue has been observed in several recent periods, such as 2023 ($929,115 revenue vs. $974,948 expenses) and 2022 ($807,103 revenue vs. $828,609 expenses). While not a significant concern for a single year, a sustained pattern of deficits could erode assets over time. The organization's assets have shown a declining trend from $439,423 in 2015 to $191,230 in 2024, which warrants attention.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent reporting of zero officer compensation across all available filings suggests a lean operational structure at the executive level, which is a positive indicator of cost control. The organization's liabilities have remained consistently low at $250 for many years, indicating good financial management in terms of debt.
Transparency is generally good given the consistent filing of IRS Form 990s over 14 periods. The absence of officer compensation is a notable transparency point, as it clearly indicates that top leadership is not drawing a salary from the organization. However, without a detailed functional expense statement, the public cannot fully understand how the $994,853 in expenses for 2024 was allocated across its mission-related programs versus overhead. This lack of detailed spending allocation is a common limitation in summary data but is crucial for a complete transparency assessment.