Quick charity verification for Evergreen Credit Union (EIN: 10216328)
Verdict: Evergreen Credit Union appears trustworthy
95/100Mission Score
$33.2MRevenue
$569.2MAssets
1Red Flags
5Strengths
Red Flags
Unusual reporting of 0% officer compensation on IRS 990s for an organization of this size, which may warrant further investigation into executive compensation structures.
Strengths
Consistent and significant growth in assets, from $227 million in 2014 to $569 million currently.
Strong revenue growth, increasing from $9.8 million in 2014 to $33.2 million currently.
Expenses consistently lower than revenue, indicating sound financial management and operational efficiency.
Low liabilities relative to assets, maintaining a healthy financial position (e.g., 2023 liabilities of $499M vs. assets of $538M).
Potential for extremely high spending efficiency if the reported 0% officer compensation truly reflects no executive salaries.
Spending Breakdown
How Evergreen Credit Union allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Evergreen Credit Union
Is Evergreen Credit Union a legitimate charity?
Based on AI analysis of IRS 990 filings, Evergreen Credit Union (EIN: 10216328) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Evergreen Credit Union a good charity to donate to?
Evergreen Credit Union has a Mission Score of 95/100. Revenue: $33.2M. Assets: $569.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Evergreen Credit Union?
The Employer Identification Number (EIN) for Evergreen Credit Union is 10216328. 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 Evergreen Credit Union spend its money?
Evergreen Credit Union allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Evergreen Credit Union's tax-exempt status?
You can verify Evergreen Credit Union's tax-exempt status using EIN 10216328 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
Evergreen Credit Union demonstrates strong financial health and consistent growth over the past decade. Their assets have grown significantly from $227 million in 2014 to over $569 million currently, with a corresponding increase in revenue from $9.8 million to $33.2 million. The organization consistently reports zero officer compensation on their IRS 990 filings, which is unusual for an organization of this size and suggests that executive compensation may be reported differently or is genuinely absent, which would indicate a high degree of financial efficiency and a strong commitment to their mission. Their expense ratios are generally healthy, with expenses consistently lower than revenue, indicating sound financial management and the ability to retain capital for future growth and services.
Given that Evergreen Credit Union is a credit union, its 'program spending' would primarily relate to providing financial services to its members, such as loans, savings accounts, and other member benefits. The consistent growth in assets and revenue suggests effective delivery of these services and strong member engagement. The absence of reported officer compensation on the 990s, while potentially a reporting nuance for credit unions, if accurate, points to exceptional spending efficiency and a member-centric approach where resources are not diverted to high executive salaries. This practice, if truly reflective of their compensation structure, would position them as highly transparent and efficient in their financial operations.