Is Economic Development Corporation Of Colgate Legit?

Quick charity verification for Economic Development Corporation Of Colgate (EIN: 200909997)

Verdict: Economic Development Corporation Of Colgate appears trustworthy

85/100Mission Score
$45KRevenue
$261KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

The Economic Development Corporation Of Colgate demonstrates consistent financial stability with assets significantly exceeding liabilities across its filing history. While its revenue has fluctuated slightly, it has generally maintained a positive net income, indicating sound financial management. The organization's commitment to transparency is strong, as evidenced by its consistent 0% officer compensation, suggesting that resources are primarily directed towards its mission rather than executive salaries. The relatively small scale of its operations, with latest revenue at $44,555, means its impact is likely localized, but its financial health appears robust for an organization of its size.

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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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