Quick charity verification for Enterprise Center Inc (EIN: 200062024)
Verdict: Enterprise Center Inc appears trustworthy
85/100Mission Score
$3.9MRevenue
$2.6MAssets
2Red Flags
4Strengths
Red Flags
Operating deficit in the latest two periods (202406: Expenses $4,641,093 > Revenue $3,865,247; 202306: Expenses $4,905,052 > Revenue $4,737,195)
Significant year-over-year revenue fluctuations could indicate reliance on grants or project-based funding that may not be consistently renewable.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency in executive pay.
Substantial growth in assets from $372,573 in 2015 to $2,641,548 in 2024, demonstrating long-term financial health.
Relatively low liabilities compared to assets, indicating strong financial management and solvency.
Long filing history (13 filings) suggests consistent compliance and transparency.
Spending Breakdown
How Enterprise Center Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
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 Enterprise Center Inc
Is Enterprise Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Enterprise Center Inc (EIN: 200062024) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Enterprise Center Inc a good charity to donate to?
Enterprise Center Inc has a Mission Score of 85/100. Revenue: $3.9M. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Enterprise Center Inc?
The Employer Identification Number (EIN) for Enterprise Center Inc is 200062024. 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 Enterprise Center Inc spend its money?
Enterprise Center Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Enterprise Center Inc's tax-exempt status?
You can verify Enterprise Center Inc's tax-exempt status using EIN 200062024 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 Enterprise Center Inc. demonstrates a fluctuating but generally strong financial position over the past decade, with assets growing significantly from $372,573 in 2015 to $2,641,548 in 2024. While the organization experienced a deficit in the latest period (expenses of $4,641,093 against revenue of $3,865,247), this is not uncommon for nonprofits and follows a period of substantial revenue in 2021 ($5,998,300). The consistent reporting of 0% officer compensation across all available filings indicates a high degree of transparency regarding executive pay, suggesting that leadership is either volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which warrants further investigation for complete understanding. The organization's liabilities remain relatively low compared to its assets, indicating good financial stability.
The organization's spending efficiency appears reasonable, though specific program spending ratios are not directly provided in the summary data. However, the consistent operational activity and growth in assets suggest effective use of funds to support its mission. The absence of reported officer compensation is a significant positive indicator for transparency and efficient use of donor funds, as it implies that a larger portion of revenue is directed towards programs or operational costs rather than high executive salaries. Overall, Enterprise Center Inc. appears to be a financially stable organization with a commitment to transparent reporting of executive compensation.