Is Joint Council For Economic Opportunity Of Clinton & Franklin Legit?

Quick charity verification for Joint Council For Economic Opportunity Of Clinton & Franklin (EIN: 141494810)

Verdict: Joint Council For Economic Opportunity Of Clinton & Franklin appears trustworthy

75/100Mission Score
$9.4MRevenue
$5.5MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Joint Council For Economic Opportunity Of Clinton & Franklin demonstrates consistent financial operations, with revenues generally exceeding expenses over the past decade, contributing to a steady growth in assets. For example, in the 202401 period, the organization reported revenues of $9,113,384 against expenses of $8,968,686, resulting in a surplus. This trend indicates sound financial management and an ability to maintain a healthy operating margin. The organization's assets have grown from $2,051,979 in 2015 to $5,473,069 in 2024, suggesting effective accumulation of resources to support its mission. However, a notable aspect of their financial reporting is the consistent declaration of 0% officer compensation across all available filings. While this could indicate that executive compensation is reported under other expense categories or that the organization relies heavily on volunteer leadership, it warrants further investigation for complete transparency. Without a clear breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency, though the consistent surpluses suggest overall fiscal prudence. Overall, the organization appears financially stable with a positive trend in asset growth and consistent operational surpluses. The lack of detailed expense breakdown and officer compensation information in the provided data limits a full assessment of spending efficiency and transparency, but the general financial health seems robust.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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