Is Corporate Angel Network Inc Legit?

Quick charity verification for Corporate Angel Network Inc (EIN: 136143014)

Verdict: Corporate Angel Network Inc appears trustworthy

95/100Mission Score
$1.5MRevenue
$4.7MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Corporate Angel Network Inc allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Corporate Angel Network Inc

Is Corporate Angel Network Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Corporate Angel Network Inc (EIN: 136143014) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Corporate Angel Network Inc a good charity to donate to?

Corporate Angel Network Inc has a Mission Score of 95/100. Revenue: $1.5M. Assets: $4.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Corporate Angel Network Inc?

The Employer Identification Number (EIN) for Corporate Angel Network Inc is 136143014. 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 Corporate Angel Network Inc spend its money?

Corporate Angel Network Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Corporate Angel Network Inc's tax-exempt status?

You can verify Corporate Angel Network Inc's tax-exempt status using EIN 136143014 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

Corporate Angel Network Inc demonstrates consistent financial operations, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2023, expenses slightly outpaced revenue ($1,221,753 vs. $1,145,636), while in 2021, revenue significantly exceeded expenses ($1,458,856 vs. $1,072,115). The organization maintains a healthy asset base, consistently above $3 million and reaching $4,661,708 in the latest period, indicating good financial stability. Liabilities are consistently low, suggesting prudent financial management and minimal debt burden. The absence of reported officer compensation across all available filings is a significant indicator of strong financial transparency and a commitment to directing resources towards its mission.

View Full Transparency Report →

Disclaimer

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

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