Quick charity verification for Cornelia Warren Community Assn Inc (EIN: 10245341)
Verdict: Cornelia Warren Community Assn Inc appears trustworthy
90/100Mission Score
$1.6MRevenue
$5.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent zero liabilities across all filings, indicating strong financial health.
0% officer compensation, suggesting highly efficient use of funds for its mission.
Strong and stable asset base, currently at $5,126,158, providing financial security.
Consistent IRS 990 filing history (14 filings), demonstrating transparency and accountability.
Positive operating margin in the latest period (202409: Revenue=$378,423, Expenses=$219,064).
Spending Breakdown
How Cornelia Warren Community Assn Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Cornelia Warren Community Assn Inc
Is Cornelia Warren Community Assn Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cornelia Warren Community Assn Inc (EIN: 10245341) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Cornelia Warren Community Assn Inc a good charity to donate to?
Cornelia Warren Community Assn Inc has a Mission Score of 90/100. Revenue: $1.6M. Assets: $5.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cornelia Warren Community Assn Inc?
The Employer Identification Number (EIN) for Cornelia Warren Community Assn Inc is 10245341. 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 Cornelia Warren Community Assn Inc spend its money?
Cornelia Warren Community Assn Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cornelia Warren Community Assn Inc's tax-exempt status?
You can verify Cornelia Warren Community Assn Inc's tax-exempt status using EIN 10245341 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 Cornelia Warren Community Assn Inc demonstrates a generally stable financial position with consistent assets over the past decade, currently at $5,126,158. The organization has shown fluctuating revenue and expenses year-to-year, with a notable increase in revenue to $378,423 in the latest period (202409) while keeping expenses at $219,064, indicating a positive operating margin for that year. However, previous years, such as 202309 and 202009, show expenses exceeding revenue, suggesting reliance on reserves or investment income. The consistent reporting of zero liabilities across all available filings is a strong indicator of financial stability and low debt burden.
The organization's spending efficiency appears to be strong in terms of program delivery, as there is no reported officer compensation, which often contributes to administrative overhead. Without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to precisely assess efficiency. However, the absence of officer compensation suggests a lean operational structure. The organization's consistent filing of IRS Form 990s over 14 periods demonstrates a commitment to transparency, providing public access to its financial activities.
Overall, the Cornelia Warren Community Assn Inc appears to be a financially sound organization with a strong asset base and a commitment to transparency through its regular filings. Its ability to operate without officer compensation is a significant positive, suggesting that resources are likely directed towards its mission. Further detailed expense breakdowns would enhance the assessment of its spending efficiency.