Is Evergreen Childrens Home Inc Legit?

Quick charity verification for Evergreen Childrens Home Inc (EIN: 204789005)

Verdict: Evergreen Childrens Home Inc appears trustworthy

95/100Mission Score
$53KRevenue
$82KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Evergreen Childrens Home Inc demonstrates consistent financial stability and a strong commitment to its mission, as evidenced by its IRS 990 filings. The organization has shown a positive trend in revenue growth over the past few years, with revenue increasing from $18,996 in 2020 to $46,449 in 2023. This growth has allowed for an increase in expenses, indicating expanding program activities. The organization consistently reports zero liabilities, which is a significant strength, suggesting sound financial management and no reliance on debt. The organization's spending efficiency appears high, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that resources are likely being directed almost entirely towards programmatic activities and operational costs rather than executive salaries. While a detailed breakdown of program vs. administrative vs. fundraising expenses isn't provided in the summary data, the absence of officer compensation is a strong indicator of efficient resource allocation. The organization's assets have also shown steady growth, from $38,471 in 2015 to $72,827 in 2023, further solidifying its financial health. Transparency is generally good, with 13 filings available, demonstrating consistent reporting to the IRS. The clear financial picture, including revenue, expenses, assets, and liabilities, allows for a reasonable assessment of its operations. The consistent growth in assets and revenue, coupled with zero liabilities and no officer compensation, paints a picture of a well-managed and mission-focused small nonprofit.

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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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