Is Dover Cooperative Ministries Council Inc Legit?
Quick charity verification for Dover Cooperative Ministries Council Inc (EIN: 20398957)
Verdict: Dover Cooperative Ministries Council Inc appears trustworthy
88/100Mission Score
$163KRevenue
$160KAssets
1Red Flags
4Strengths
Red Flags
Recent periods show expenses exceeding revenue (e.g., 202312, 202212), which, if sustained, could impact long-term financial stability.
Strengths
Consistent reporting of 0% officer compensation, indicating highly efficient use of funds for leadership.
Zero reported liabilities across all filings, demonstrating strong financial solvency and responsible debt management.
Healthy and growing asset base, with assets increasing from $68,588 in 201812 to $170,469 in 202312.
Stable revenue generation, consistently around $150,000 in recent years, indicating reliable support.
Spending Breakdown
How Dover Cooperative Ministries Council Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Dover Cooperative Ministries Council Inc
Is Dover Cooperative Ministries Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Dover Cooperative Ministries Council Inc (EIN: 20398957) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is Dover Cooperative Ministries Council Inc a good charity to donate to?
Dover Cooperative Ministries Council Inc has a Mission Score of 88/100. Revenue: $163K. Assets: $160K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Dover Cooperative Ministries Council Inc?
The Employer Identification Number (EIN) for Dover Cooperative Ministries Council Inc is 20398957. 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 Dover Cooperative Ministries Council Inc spend its money?
Dover Cooperative Ministries Council Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Dover Cooperative Ministries Council Inc's tax-exempt status?
You can verify Dover Cooperative Ministries Council Inc's tax-exempt status using EIN 20398957 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
Dover Cooperative Ministries Council Inc demonstrates consistent financial activity, with revenues and expenses generally in the range of $150,000-$170,000 in recent years. The organization maintains a healthy asset base, with $170,469 in assets as of the 202312 period, and reports no liabilities, indicating strong financial solvency. A significant positive aspect is the consistent reporting of 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can be a sign of efficient resource allocation towards its mission.
However, the organization has experienced periods where expenses exceeded revenue, such as in 202312 ($169,266 expenses vs. $151,828 revenue) and 202212 ($164,550 expenses vs. $156,346 revenue). While not necessarily a red flag for a nonprofit with reserves, consistent deficits could impact long-term sustainability if not managed. The lack of reported officer compensation also means that the 990 filings do not provide insight into the compensation of key employees, if any, which could be a minor transparency gap depending on the organization's structure.
Overall, the organization appears to be financially stable with a strong balance sheet and a commendable approach to executive compensation. Its consistent operations and lack of liabilities are positive indicators of its financial health and responsible management.