Significant liabilities without detailed explanation (e.g., $12,590,369 in 2023)
Lack of detailed expense breakdown beyond total expenses in provided data
Strengths
Consistent reporting of 0% officer compensation across all filings
Significant growth in assets, from $5,000,351 in 2014 to $22,303,512 in 2023
Strong revenue generation in recent years, peaking at $4,526,468 in 2023
Spending Breakdown
How Eastern Carolina Communityfoundation Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Eastern Carolina Communityfoundation Inc
Is Eastern Carolina Communityfoundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Eastern Carolina Communityfoundation Inc (EIN: 204654550) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Eastern Carolina Communityfoundation Inc a good charity to donate to?
Eastern Carolina Communityfoundation Inc has a Mission Score of 85/100. Revenue: $2.9M. Assets: $24.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Eastern Carolina Communityfoundation Inc?
The Employer Identification Number (EIN) for Eastern Carolina Communityfoundation Inc is 204654550. 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 Eastern Carolina Communityfoundation Inc spend its money?
Eastern Carolina Communityfoundation Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Eastern Carolina Communityfoundation Inc's tax-exempt status?
You can verify Eastern Carolina Communityfoundation Inc's tax-exempt status using EIN 204654550 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
Eastern Carolina Communityfoundation Inc demonstrates a generally strong financial position, with assets growing significantly over the past decade, reaching $22,303,512 in 2023. The organization's revenue has shown considerable fluctuation, with a notable peak of $4,526,468 in 2023, indicating varying levels of contributions and investment performance. Their consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead in this area, which is a positive indicator for transparency and efficiency. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess spending efficiency across programs, administration, and fundraising. The substantial liabilities, such as $12,590,369 in 2023, warrant further investigation to understand their nature and impact on the organization's long-term financial health.