Is Decatur Corridor Development Inc Legit?…

Quick charity verification for Decatur Corridor Development Inc (EIN: 201025360)

Spending Breakdown

How Decatur Corridor Development Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

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 Decatur Corridor Development Inc

Is Decatur Corridor Development Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Decatur Corridor Development Inc (EIN: 201025360) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.

Is Decatur Corridor Development Inc a good charity to donate to?

Decatur Corridor Development Inc has a Mission Score of 45/100. Revenue: $110K. Assets: $297K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Decatur Corridor Development Inc?

The Employer Identification Number (EIN) for Decatur Corridor Development Inc is 201025360. 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 Decatur Corridor Development Inc spend its money?

Decatur Corridor Development Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Decatur Corridor Development Inc's tax-exempt status?

You can verify Decatur Corridor Development Inc's tax-exempt status using EIN 201025360 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

Decatur Corridor Development Inc. appears to be in a challenging financial position, as evidenced by its recent IRS 990 filings. In 2021, the organization reported revenue of $16,932 against expenses of $50,873, indicating a significant operating deficit. This trend of expenses exceeding revenue has been consistent in recent years, with deficits of $16,528 in 2020 and $46,565 in 2019. While the organization maintains a modest asset base of $296,860 as of 2021, this has been steadily declining from a high of $397,645 in 2014, suggesting a gradual erosion of its financial reserves. The consistent reporting of only $1 in liabilities across multiple years raises questions about the completeness or accuracy of liability reporting, which could impact the overall financial picture.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories, which is not provided in the summary data. However, the recurring operating deficits suggest that current revenue streams are insufficient to cover operational costs. The absence of reported officer compensation across all filings indicates that executive leadership is either unpaid or compensated through other means not captured in this specific line item, which can be a positive for donor confidence regarding overhead, but also might suggest a reliance on volunteer leadership or external support. Transparency is generally good through its consistent filing of 990s, but the minimal liability reporting is a point of concern.

Overall, while the organization consistently files its 990s, demonstrating a commitment to basic transparency, its financial health shows signs of stress due to persistent operating deficits and declining assets. Donors should seek more detailed information on how funds are being spent and the organization's strategy to achieve financial sustainability.

Is Decatur Corridor Development Inc Legit?

Verdict: Decatur Corridor Development Inc shows mixed signals

Red Flags

Strengths