Is Los Cabos Childrens Foundation Legit?

Quick charity verification for Los Cabos Childrens Foundation (EIN: 202882711)

Verdict: Los Cabos Childrens Foundation appears trustworthy

90/100Mission Score
$3.5MRevenue
$3.3MAssets
0Red Flags
4Strengths

No red flags identified.

Strengths

AI Transparency Report

Los Cabos Childrens Foundation demonstrates strong financial health and efficient spending, particularly in its most recent fiscal period. In 2023, the organization reported revenue of $3,833,550 against expenses of $1,683,889, resulting in a significant surplus that contributed to a healthy increase in assets to $4,019,204. This indicates effective financial management and growth. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall expense ratio relative to revenue in 2023 suggests a lean operational structure. Over the past five years, the foundation has shown fluctuating but generally increasing revenue, with a notable jump in 2023. Expenses have been managed effectively, often below revenue, leading to asset accumulation. The consistent reporting of no officer compensation across all available filings is a significant positive for transparency. The organization's financial stability, as evidenced by its growing assets and low liabilities, suggests a well-managed entity capable of sustaining its operations and mission.

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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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