Is Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp Legit?
Quick charity verification for Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp (EIN: 10853738)
Verdict: Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp appears trustworthy
85/100Mission Score
$184KRevenue
$238KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent zero executive compensation, indicating volunteer leadership.
Strong financial stability with assets significantly exceeding liabilities (e.g., $237,507 assets vs. $7,167 liabilities in 2024).
Long history of consistent IRS 990 filings (14 filings), demonstrating transparency.
Generally operates with a surplus or near break-even, showing fiscal responsibility.
Healthy net assets, indicating long-term sustainability.
Spending Breakdown
How Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp
Is Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp (EIN: 10853738) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp a good charity to donate to?
Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp has a Mission Score of 85/100. Revenue: $184K. Assets: $238K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp?
The Employer Identification Number (EIN) for Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp is 10853738. 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 Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp spend its money?
Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp's tax-exempt status?
You can verify Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp's tax-exempt status using EIN 10853738 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
Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp demonstrates consistent financial stability, maintaining assets significantly higher than liabilities across its filing history. For instance, in 2024, assets stood at $237,507 against liabilities of $7,167, indicating a strong financial position. The organization consistently reports zero officer compensation, which is a positive indicator of volunteer-driven leadership and efficient use of funds. While revenue and expenses fluctuate, the organization generally operates with a surplus or near break-even, as seen in 2024 with revenues of $184,351 and expenses of $156,194.
The organization's spending efficiency appears strong, particularly given the absence of reported executive compensation. This suggests that the majority of its operational costs are directed towards its programs. The consistent reporting of financial data over 14 filings also points to a good level of transparency. However, without a detailed functional expense breakdown (program, administrative, fundraising), it's challenging to precisely quantify spending efficiency, but the overall financial health appears sound.
Overall, Huaxia Chinese School At Bridgewater appears to be a well-managed nonprofit with a solid financial foundation and a commitment to its mission, evidenced by its consistent operations and lack of executive compensation. Its ability to maintain a healthy asset-to-liability ratio over many years further reinforces its financial prudence.