Is Mid State Community Development Corporation Legit?
Quick charity verification for Mid State Community Development Corporation (EIN: 204351056)
Verdict: Mid State Community Development Corporation appears trustworthy
90/100Mission Score
$832KRevenue
$8.9MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $3.5 million in 2015 to $9.7 million in 2023, indicating strong financial management.
0% officer compensation reported across all filings, demonstrating a commitment to mission over executive salaries.
Significant revenue generation in recent years ($1.38M in 2022, $1.02M in 2023), suggesting successful funding efforts.
Healthy financial reserves with assets significantly exceeding liabilities (e.g., $9.7M assets vs. $6.5M liabilities in 2023).
Low expense ratios relative to revenue in recent years (e.g., $426,891 expenses on $1,025,010 revenue in 2023), indicating efficient operations.
Spending Breakdown
How Mid State Community Development Corporation 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 Mid State Community Development Corporation
Is Mid State Community Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mid State Community Development Corporation (EIN: 204351056) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Mid State Community Development Corporation a good charity to donate to?
Mid State Community Development Corporation has a Mission Score of 90/100. Revenue: $832K. Assets: $8.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mid State Community Development Corporation?
The Employer Identification Number (EIN) for Mid State Community Development Corporation is 204351056. 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 Mid State Community Development Corporation spend its money?
Mid State Community Development Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mid State Community Development Corporation's tax-exempt status?
You can verify Mid State Community Development Corporation's tax-exempt status using EIN 204351056 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
Mid State Community Development Corporation demonstrates a strong and improving financial position, particularly in recent years. The organization has consistently grown its assets, from $3.5 million in 2015 to $9.7 million in 2023, indicating effective asset management and potentially successful development projects. Revenue has shown significant fluctuations, with notable spikes in 2022 ($1.38 million) and 2023 ($1.02 million), suggesting successful grant acquisition or project funding in those periods. 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 spending details are not provided in the summary data, the overall financial health and lack of executive compensation suggest a well-managed and mission-focused entity.