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
Consistent 0% officer compensation reported, which is unusual for an organization with over $9 million in revenue and warrants further investigation into how executive leadership is compensated.
Lack of detailed breakdown for program, administrative, and fundraising expenses in the provided data, making it difficult to fully assess spending efficiency.
Strengths
Consistent financial surpluses, with revenues generally exceeding expenses, indicating sound financial management.
Significant growth in assets from $2,051,979 in 2015 to $5,473,069 in 2024, demonstrating increasing financial capacity.
Stable revenue streams, consistently in the range of $6.5 million to $10.6 million over the past decade, suggesting reliable funding.
Spending Breakdown
How Joint Council For Economic Opportunity Of Clinton & Franklin allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Joint Council For Economic Opportunity Of Clinton & Franklin
Is Joint Council For Economic Opportunity Of Clinton & Franklin a legitimate charity?
Based on AI analysis of IRS 990 filings, Joint Council For Economic Opportunity Of Clinton & Franklin (EIN: 141494810) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Joint Council For Economic Opportunity Of Clinton & Franklin a good charity to donate to?
Joint Council For Economic Opportunity Of Clinton & Franklin has a Mission Score of 75/100. Revenue: $9.4M. Assets: $5.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Joint Council For Economic Opportunity Of Clinton & Franklin?
The Employer Identification Number (EIN) for Joint Council For Economic Opportunity Of Clinton & Franklin is 141494810. 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 Joint Council For Economic Opportunity Of Clinton & Franklin spend its money?
Joint Council For Economic Opportunity Of Clinton & Franklin allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Joint Council For Economic Opportunity Of Clinton & Franklin's tax-exempt status?
You can verify Joint Council For Economic Opportunity Of Clinton & Franklin's tax-exempt status using EIN 141494810 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 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.