Is Jamestown Center City Development…

Quick charity verification for Jamestown Center City Development Corporation (EIN: 161582458)

Strengths

Consistent revenue growth, increasing from $1.9M in 2014 to $4.7M in 2023.
Improved solvency, with assets ($24.5M in 2023) now comfortably exceeding liabilities ($20.3M in 2023), reversing earlier trends.
Significant asset base growth, from $20.2M in 2014 to $24.5M in 2023, indicating strong financial foundation.
Expenses consistently lower than revenue in recent years (e.g., 2023: $2.7M expenses vs. $4.7M revenue), allowing for asset accumulation.

Spending Breakdown

How Jamestown Center City Development Corporation allocates its funds across programs, administration, and fundraising.

85%

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 Jamestown Center City Development Corporation

Is Jamestown Center City Development Corporation a legitimate charity?

Based on AI analysis of IRS 990 filings, Jamestown Center City Development Corporation (EIN: 161582458) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Jamestown Center City Development Corporation a good charity to donate to?

Jamestown Center City Development Corporation has a Mission Score of 85/100. Revenue: $4.2M. Assets: $25.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Jamestown Center City Development Corporation?

The Employer Identification Number (EIN) for Jamestown Center City Development Corporation is 161582458. 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 Jamestown Center City Development Corporation spend its money?

Jamestown Center City Development Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Jamestown Center City Development Corporation's tax-exempt status?

You can verify Jamestown Center City Development Corporation's tax-exempt status using EIN 161582458 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

Jamestown Center City Development Corporation demonstrates consistent financial activity focused on community development, as indicated by its NTEE code S30. The organization has shown a positive trend in revenue, increasing from $1,946,994 in 2014 to $4,707,207 in 2023, suggesting growing support or successful project funding. Its asset base has also grown significantly, from $20,264,941 in 2014 to $24,577,771 in 2023, indicating a solid financial foundation. However, the organization consistently carries substantial liabilities, often exceeding its assets in earlier years, though this trend has reversed in recent filings, with assets now comfortably exceeding liabilities (e.g., $24,577,771 assets vs. $20,376,093 liabilities in 2023). This suggests improved financial management and solvency over time.

The organization's spending efficiency appears reasonable, with expenses generally lower than revenue in recent years, allowing for asset growth. For instance, in 2023, expenses were $2,724,519 against revenues of $4,707,207. A notable aspect of its transparency is the consistent reporting of 0% officer compensation across all available filings, which is a strong indicator of volunteer leadership or that compensation is not reported under 'officer compensation' in a way that would be typical for other organizations. This could be a positive sign of resource allocation directly to mission, or it could warrant further investigation into how leadership costs are covered if they exist.

Overall, the organization appears to be in a stable and improving financial position, effectively managing its resources to support its mission. The consistent growth in revenue and assets, coupled with the reversal of the asset-to-liability ratio, points to a well-managed entity. The lack of reported officer compensation is a significant transparency point that distinguishes it from many other nonprofits.

Is Jamestown Center City Development Corporation Legit?

Verdict: Jamestown Center City Development Corporation appears trustworthy

Red Flags