Is Cooking With Kids Inc Legit?

Quick charity verification for Cooking With Kids Inc (EIN: 204396207)

Verdict: Cooking With Kids Inc appears trustworthy

92/100Mission Score
$1.5MRevenue
$1.9MAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Cooking With Kids Inc demonstrates strong financial health and growth over the past decade. The organization has consistently increased its revenue, from $586,848 in 2019 to $1,221,021 in 2023, indicating growing support for its mission. Assets have also shown significant growth, reaching $1,435,658 in 2023, which provides a solid financial foundation. The organization's liabilities remain relatively low compared to its assets, suggesting good financial management and solvency. Spending efficiency appears to be a strength, with expenses generally well below revenue, allowing for asset accumulation. For example, in 2023, revenue was $1,221,021 while expenses were $853,858, indicating a healthy surplus. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a strong commitment to directing funds towards programs rather than executive salaries. This practice is highly commendable and suggests a volunteer-driven or very modestly compensated leadership structure. Overall, Cooking With Kids Inc exhibits a positive financial trajectory, efficient use of funds, and a high degree of transparency regarding executive compensation. The consistent growth in revenue and assets, coupled with low liabilities and no reported officer compensation, paints a picture of a well-managed and mission-focused organization.

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Disclaimer

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

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