Quick charity verification for Kenosha Common Markets Inc (EIN: 20776286)
Verdict: Kenosha Common Markets Inc appears trustworthy
85/100Mission Score
$225KRevenue
$111KAssets
0Red Flags
3Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating strong commitment to mission.
Healthy asset-to-liability ratio, demonstrating financial stability (e.g., $118,256 assets vs. $313 liabilities in 202312).
Recovery and growth in revenue post-2020, showing resilience (e.g., $20,447 in 202012 to $227,247 in 202312).
Spending Breakdown
How Kenosha Common Markets Inc 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 Kenosha Common Markets Inc
Is Kenosha Common Markets Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kenosha Common Markets Inc (EIN: 20776286) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
Is Kenosha Common Markets Inc a good charity to donate to?
Kenosha Common Markets Inc has a Mission Score of 85/100. Revenue: $225K. Assets: $111K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kenosha Common Markets Inc?
The Employer Identification Number (EIN) for Kenosha Common Markets Inc is 20776286. 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 Kenosha Common Markets Inc spend its money?
Kenosha Common Markets Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kenosha Common Markets Inc's tax-exempt status?
You can verify Kenosha Common Markets Inc's tax-exempt status using EIN 20776286 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
Kenosha Common Markets Inc. demonstrates consistent financial activity, with recent revenues around $220,000 and expenses slightly lower, as seen in the 202312 period where revenue was $227,247 and expenses were $212,739. The organization maintains a healthy asset base, reported at $118,256 in the latest filing, with minimal liabilities, indicating good financial stability. A significant positive is the consistent reporting of 0% officer compensation across all available filings, which suggests a strong commitment to directing funds towards its mission rather than executive salaries. This practice enhances its transparency and public trust.
While specific program spending details are not provided in the summary data, the overall financial health appears stable. The organization has experienced fluctuations in revenue and expenses over the years, with a notable dip in 202012 (Revenue=$20,447, Expenses=$96,221), likely due to external factors, but has since recovered to pre-pandemic levels. The low liabilities and absence of executive compensation are strong indicators of responsible financial management and a focus on its charitable purpose.
To further assess spending efficiency, a detailed breakdown of program, administrative, and fundraising expenses would be beneficial. However, based on the available data, the organization appears to be a financially sound and transparent entity, particularly given its consistent reporting and the absence of executive compensation.