Is Correctional Officers Association Of Delaware Legit?
Quick charity verification for Correctional Officers Association Of Delaware (EIN: 10770318)
Verdict: Correctional Officers Association Of Delaware appears trustworthy
85/100Mission Score
$628KRevenue
$1.2MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent positive net income, with revenue exceeding expenses in most periods (e.g., $447,946 revenue vs. $414,052 expenses in 202305).
Strong and growing asset base, reaching over $1 million in recent filings.
Zero reported liabilities in recent years (e.g., $0 liabilities in 202305, 202205, 202105).
No reported officer compensation, indicating efficient use of funds and potentially volunteer leadership.
Long history of consistent IRS 990 filings, demonstrating transparency and compliance.
Spending Breakdown
How Correctional Officers Association Of Delaware 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 Correctional Officers Association Of Delaware
Is Correctional Officers Association Of Delaware a legitimate charity?
Based on AI analysis of IRS 990 filings, Correctional Officers Association Of Delaware (EIN: 10770318) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Correctional Officers Association Of Delaware a good charity to donate to?
Correctional Officers Association Of Delaware has a Mission Score of 85/100. Revenue: $628K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Correctional Officers Association Of Delaware?
The Employer Identification Number (EIN) for Correctional Officers Association Of Delaware is 10770318. 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 Correctional Officers Association Of Delaware spend its money?
Correctional Officers Association Of Delaware allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Correctional Officers Association Of Delaware's tax-exempt status?
You can verify Correctional Officers Association Of Delaware's tax-exempt status using EIN 10770318 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 Correctional Officers Association Of Delaware demonstrates consistent financial health with a strong asset base and no reported liabilities in recent years. For example, in the 202305 period, assets were $1,071,983 with $0 liabilities, indicating a very healthy balance sheet. The organization consistently generates more revenue than expenses, as seen in the 202305 period where revenue was $447,946 against expenses of $414,052, leading to a surplus. This trend of positive net income contributes to the growth of its assets over time, from $823,257 in 201905 to over $1 million in 202305.
Spending efficiency appears to be reasonable, though specific program spending details are not provided in the summary data. However, the consistent surplus suggests that the organization is managing its expenses effectively relative to its income. The absence of reported officer compensation across all filings indicates a volunteer-led or very low-cost leadership structure, which is a positive sign for resource allocation.
Transparency is generally good given the consistent filing of IRS Form 990s. The lack of officer compensation is a notable point for transparency, as it suggests that a significant portion of funds is not being diverted to high executive salaries. The consistent growth in assets and positive financial performance over many years further reinforces a picture of a well-managed and transparent organization.