Quick charity verification for Inter Cooperative Exchange (EIN: 204792242)
Verdict: Inter Cooperative Exchange shows mixed signals
60/100Mission Score
$207KRevenue
$266KAssets
3Red Flags
2Strengths
Red Flags
Consistent and significant operational deficits in recent years (e.g., -$220,953 in 202306).
Declining revenue trend from $456,486 in 201906 to $134,270 in 202306.
Decreasing asset base from $596,297 in 201606 to $334,471 in 202306.
Strengths
Zero officer compensation reported across all filing periods, indicating efficient use of leadership resources.
Long history of IRS 990 filings (13 filings), suggesting consistent regulatory compliance.
Spending Breakdown
How Inter Cooperative Exchange allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Inter Cooperative Exchange
Is Inter Cooperative Exchange a legitimate charity?
Based on AI analysis of IRS 990 filings, Inter Cooperative Exchange (EIN: 204792242) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.
Is Inter Cooperative Exchange a good charity to donate to?
Inter Cooperative Exchange has a Mission Score of 60/100. Revenue: $207K. Assets: $266K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Inter Cooperative Exchange?
The Employer Identification Number (EIN) for Inter Cooperative Exchange is 204792242. 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 Inter Cooperative Exchange spend its money?
Inter Cooperative Exchange allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Inter Cooperative Exchange's tax-exempt status?
You can verify Inter Cooperative Exchange's tax-exempt status using EIN 204792242 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
Inter Cooperative Exchange demonstrates a consistent operational history with 13 filings, indicating a commitment to regulatory compliance. However, recent financial trends show a concerning pattern of declining revenue and increasing expenses, leading to significant net losses. In the 202306 period, the organization reported revenue of $134,270 against expenses of $355,223, resulting in a deficit of over $220,000. This trend is also visible in 202206 and 202106, where expenses exceeded revenue. While the organization has maintained zero officer compensation across all reported periods, which is a positive sign for resource allocation, the sustained operational deficits raise questions about long-term financial sustainability and the efficiency of its spending relative to its mission. The organization's assets have also seen a decline from a high of $596,297 in 201606 to $334,471 in 202306, further indicating financial strain. The lack of detailed expense breakdowns in the provided data makes it difficult to fully assess spending efficiency between programs, administration, and fundraising.