Is Energy Cooperative Round Up Foundation Inc Legit?
Quick charity verification for Energy Cooperative Round Up Foundation Inc (EIN: 203486818)
Verdict: Energy Cooperative Round Up Foundation Inc appears trustworthy
75/100Mission Score
$369KRevenue
$292KAssets
2Red Flags
4Strengths
Red Flags
Significant deficit in 2023 ($224,722)
Nearly 44% reduction in assets from 2022 to 2023
Strengths
Consistent revenue generation through 'round up' program
No reported officer compensation (0%)
Consistent IRS 990 filing history (13 filings)
Maintains a healthy asset base despite 2023 deficit ($277,044)
Spending Breakdown
How Energy Cooperative Round Up Foundation 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 Energy Cooperative Round Up Foundation Inc
Is Energy Cooperative Round Up Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Energy Cooperative Round Up Foundation Inc (EIN: 203486818) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Energy Cooperative Round Up Foundation Inc a good charity to donate to?
Energy Cooperative Round Up Foundation Inc has a Mission Score of 75/100. Revenue: $369K. Assets: $292K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Energy Cooperative Round Up Foundation Inc?
The Employer Identification Number (EIN) for Energy Cooperative Round Up Foundation Inc is 203486818. 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 Energy Cooperative Round Up Foundation Inc spend its money?
Energy Cooperative Round Up Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Energy Cooperative Round Up Foundation Inc's tax-exempt status?
You can verify Energy Cooperative Round Up Foundation Inc's tax-exempt status using EIN 203486818 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
The Energy Cooperative Round Up Foundation Inc. demonstrates a consistent revenue stream, primarily from its 'round up' program, which has grown from $263,167 in 2014 to $328,888 in 2023. The organization's financial health shows some volatility, particularly in 2023 where expenses ($553,610) significantly exceeded revenue ($328,888), leading to a substantial decrease in assets from $496,766 in 2022 to $277,044 in 2023. This suggests a period of increased spending or a one-time significant outlay.
The organization's spending efficiency is generally good, with expenses often aligning closely with revenue in most years, indicating that funds are being deployed. However, the 2023 deficit warrants closer examination. Transparency is high regarding executive compensation, as the filings consistently report 0% officer compensation, which is a positive indicator for donor confidence. The consistent filing of IRS Form 990s over many years also points to a commitment to regulatory compliance and public disclosure.