Is Deaf Community Resource Center Inc Legit?

Quick charity verification for Deaf Community Resource Center Inc (EIN: 205202136)

Verdict: Deaf Community Resource Center Inc appears trustworthy

88/100Mission Score
$340KRevenue
$254KAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Deaf Community Resource Center Inc demonstrates consistent operational activity with revenues generally in the $250,000 - $350,000 range in recent years. The organization's assets have shown growth, reaching $274,473 in 2023, indicating a stable financial base. However, the 2023 filing shows expenses exceeding revenue by approximately $14,687 ($319,039 expenses vs. $304,352 revenue), which, while not a significant deficit in isolation, warrants monitoring for sustained periods. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds for its mission. The organization's financial health appears generally stable, though it has experienced fluctuations between revenue surpluses and deficits over the past five years. For instance, 2022 saw a surplus of over $31,000, while 2023 incurred a deficit. This variability suggests a need for careful financial planning to ensure long-term sustainability. The relatively low liabilities compared to assets, such as $37,326 in liabilities against $274,473 in assets in 2023, indicates a healthy balance sheet and low financial risk. Transparency is high given the consistent filing of IRS Form 990s and the clear reporting of financial figures. The absence of officer compensation is a notable positive for transparency and public trust, as it suggests that resources are directly channeled into programs and operations rather than executive salaries. The organization's consistent asset growth, from $90,811 in 2018 to $274,473 in 2023, also reflects prudent financial management and an ability to build reserves.

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Disclaimer

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

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