Quick charity verification for Ct Breast Health Initiative Inc (EIN: 200495573)
Verdict: Ct Breast Health Initiative Inc appears trustworthy
90/100Mission Score
$416KRevenue
$613KAssets
1Red Flags
4Strengths
Red Flags
Occasional deficit spending in past years (e.g., 2014, 2015, 2017, 2019) where expenses exceeded revenue.
Strengths
Consistent 0% officer compensation, indicating efficient use of funds.
Growing asset base, from $483,305 in 2020 to $613,332 in the latest period, demonstrating financial stability.
Positive net income in recent years (e.g., 2023: $41,109 surplus; 2022: $95,767 surplus), allowing for reinvestment in mission.
Long history of IRS 990 filings (13 filings), indicating strong transparency and compliance.
Spending Breakdown
How Ct Breast Health Initiative Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Ct Breast Health Initiative Inc
Is Ct Breast Health Initiative Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ct Breast Health Initiative Inc (EIN: 200495573) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Ct Breast Health Initiative Inc a good charity to donate to?
Ct Breast Health Initiative Inc has a Mission Score of 90/100. Revenue: $416K. Assets: $613K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ct Breast Health Initiative Inc?
The Employer Identification Number (EIN) for Ct Breast Health Initiative Inc is 200495573. 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 Ct Breast Health Initiative Inc spend its money?
Ct Breast Health Initiative Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ct Breast Health Initiative Inc's tax-exempt status?
You can verify Ct Breast Health Initiative Inc's tax-exempt status using EIN 200495573 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
Ct Breast Health Initiative Inc demonstrates a generally stable financial position with consistent revenue streams over the past decade, averaging around $370,000 annually. The organization has shown growth in assets, reaching $613,332 in the latest period, indicating sound financial management and accumulation of resources. Their program spending efficiency is commendable, with a significant portion of expenses directed towards their mission, as evidenced by the latest filing where expenses were $301,231 against revenue of $342,340, suggesting a healthy operational surplus.
The organization's transparency is high, particularly regarding executive compensation, which has consistently been reported as 0% for officers, indicating a volunteer-led or very lean administrative structure at the top. While specific breakdowns of administrative versus fundraising costs aren't detailed in the provided summary, the overall expense-to-revenue ratio suggests efficient use of funds. The consistent filing of IRS Form 990s over 13 periods further reinforces their commitment to public accountability.
However, there have been periods of deficit spending, such as in 2014, 2015, 2017, and 2019, where expenses exceeded revenue. While not uncommon for nonprofits, sustained deficits could impact long-term sustainability. The organization has managed to recover and build its asset base, demonstrating resilience. Overall, Ct Breast Health Initiative Inc appears to be a financially healthy and transparent organization effectively pursuing its mission.