Consistent revenue exceeding expenses, leading to significant surpluses (e.g., $552,629 revenue vs. $245,853 expenses in 2023).
Strong and consistent asset growth over the past decade, from $103,519 in 2014 to $1,374,392 in 2023.
0% officer compensation reported across all 13 filings, indicating efficient use of funds and potentially volunteer leadership.
Very low liabilities relative to assets (e.g., $3,308 liabilities vs. $1,374,392 assets in 2023), signifying strong financial stability.
Consistent filing history with 13 available IRS 990s, demonstrating good transparency and compliance.
Spending Breakdown
How Kumbum Chamtse Ling 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 Kumbum Chamtse Ling Inc
Is Kumbum Chamtse Ling Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kumbum Chamtse Ling Inc (EIN: 205248653) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Kumbum Chamtse Ling Inc a good charity to donate to?
Kumbum Chamtse Ling Inc has a Mission Score of 90/100. Revenue: $439K. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kumbum Chamtse Ling Inc?
The Employer Identification Number (EIN) for Kumbum Chamtse Ling Inc is 205248653. 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 Kumbum Chamtse Ling Inc spend its money?
Kumbum Chamtse Ling Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kumbum Chamtse Ling Inc's tax-exempt status?
You can verify Kumbum Chamtse Ling Inc's tax-exempt status using EIN 205248653 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
Kumbum Chamtse Ling Inc demonstrates a generally healthy financial position, marked by consistent revenue growth and a strong accumulation of assets over the past decade. In the most recent filing (202312), the organization reported revenue of $552,629 against expenses of $245,853, indicating a significant surplus that contributes to its growing asset base, which reached $1,374,392. This trend of revenue exceeding expenses is consistent across multiple years, suggesting sound financial management and sustainability. The organization's liabilities remain very low, further reinforcing its financial stability.
Spending efficiency appears strong, particularly given the reported 0% officer compensation across all available filings. This suggests that a substantial portion of funds is likely directed towards program services and operational needs rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation is a positive indicator of resource allocation. The consistent growth in assets from $103,519 in 2014 to $1,374,392 in 2023 also points to effective financial stewardship and the ability to build long-term capacity.
Transparency, based on the provided data, is good in terms of financial reporting, with 13 filings available. The consistent reporting of 0% officer compensation is a key transparency point. However, without a detailed breakdown of functional expenses (program, admin, fundraising), a complete assessment of spending efficiency and transparency regarding how funds are allocated to specific activities is limited. Nevertheless, the overall financial trajectory and low liabilities suggest a well-managed and financially stable organization.