Is Gadsden Commercial Development Authority…

Quick charity verification for Gadsden Commercial Development Authority (EIN: 200726578)

Strengths

Consistent financial stability with revenues generally covering expenses (e.g., 2023 revenue $113,750 vs. expenses $91,956).
Strong financial management indicated by zero liabilities in the most recent filing (2023).
Consistent filing of IRS Form 990s over 13 periods, demonstrating good transparency.
Zero officer compensation reported across all filings, suggesting a highly efficient or volunteer-driven leadership structure.
Positive asset growth over the long term (e.g., $8,816 in 2014 to $49,178 in 2023).

Spending Breakdown

How Gadsden Commercial Development Authority allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Gadsden Commercial Development Authority

Is Gadsden Commercial Development Authority a legitimate charity?

Based on AI analysis of IRS 990 filings, Gadsden Commercial Development Authority (EIN: 200726578) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.

Is Gadsden Commercial Development Authority a good charity to donate to?

Gadsden Commercial Development Authority has a Mission Score of 85/100. Revenue: $70K. Assets: $83K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Gadsden Commercial Development Authority?

The Employer Identification Number (EIN) for Gadsden Commercial Development Authority is 200726578. 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 Gadsden Commercial Development Authority spend its money?

Gadsden Commercial Development Authority allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Gadsden Commercial Development Authority's tax-exempt status?

You can verify Gadsden Commercial Development Authority's tax-exempt status using EIN 200726578 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 Gadsden Commercial Development Authority demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2023, the organization reported revenues of $113,750 against expenses of $91,956, indicating a surplus. While the organization's assets have fluctuated, they have shown growth, reaching $49,178 in 2023 from $8,816 in 2014. The consistent reporting of zero officer compensation across all available filings suggests a lean operational structure and a commitment to directing funds towards its mission, which is a positive indicator of spending efficiency.

The organization's financial health appears stable, operating with a relatively small but consistent budget. The absence of liabilities in the most recent filing (2023) is a strong positive, indicating sound financial management. However, without a detailed breakdown of expenses (program, administrative, fundraising) within the provided data, a precise assessment of spending efficiency is challenging. The NTEE code S30 (Community Development Corporations) suggests a focus on local economic development, and the consistent revenue and expense figures imply ongoing operational activities in this area.

Transparency is generally good given the consistent filing of IRS Form 990s over 13 periods. The clear reporting of revenues, expenses, assets, liabilities, and officer compensation provides a foundational understanding of its financial operations. The consistent zero officer compensation is a notable aspect of its transparency regarding executive pay.

Is Gadsden Commercial Development Authority Legit?

Verdict: Gadsden Commercial Development Authority appears trustworthy

Red Flags