Is Cport Credit Union Legit?

Spending Breakdown

How Cport Credit Union allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Cport Credit Union

Is Cport Credit Union a legitimate charity?

Based on AI analysis of IRS 990 filings, Cport Credit Union (EIN: 10079380) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Cport Credit Union a good charity to donate to?

Cport Credit Union has a Mission Score of 75/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Cport Credit Union?

The Employer Identification Number (EIN) for Cport Credit Union is 10079380. 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 Cport Credit Union spend its money?

Cport Credit Union allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Cport Credit Union's tax-exempt status?

You can verify Cport Credit Union's tax-exempt status using EIN 10079380 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

Cport Credit Union demonstrates consistent financial growth over the past several years, with revenue increasing from $6,916,721 in 2011 to $9,472,036 in 2016. Expenses have also risen proportionally, indicating an expansion of operations. The organization consistently maintains a healthy asset base, growing from $135,015,978 in 2011 to $188,534,687 in 2016, with liabilities remaining manageable relative to assets. This suggests a stable financial position and responsible management of its balance sheet.

Given that Cport Credit Union is a credit union, its primary 'program' is providing financial services to its members. The consistent positive net income (revenue minus expenses) across all reported periods, such as $1,262,299 in 2016 and $999,243 in 2015, indicates operational efficiency. The absence of reported officer compensation across all filings suggests that executive remuneration is either not reported in this section of the 990 (which is common for credit unions that are not 501(c)(3) organizations and may file different forms or have different reporting requirements for compensation) or is very low, contributing to overall spending efficiency. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging.

Transparency is somewhat limited by the nature of the provided data, as specific breakdowns of expenses are not available. The consistent filing of IRS 990 data, even if it's a basic form for a non-501(c)(3) entity, shows a commitment to public disclosure. The lack of reported officer compensation could be a positive indicator of resource allocation, but also raises questions about the full scope of executive remuneration if it's simply not captured in this specific data point.

Verdict: Cport Credit Union appears trustworthy

Red Flags

Strengths