Is Natural Chi Foundation Corp Legit?

Quick charity verification for Natural Chi Foundation Corp (EIN: 10928790)

Verdict: Natural Chi Foundation Corp appears trustworthy

90/100Mission Score
$87KRevenue
$236KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Natural Chi Foundation Corp demonstrates consistent financial health with a positive net income in most recent years. For example, in 2023, the organization reported revenue of $92,742 against expenses of $69,621, indicating a surplus. Its assets have shown steady growth, increasing from $8,106 in 2015 to $190,020 in 2023, suggesting sound financial management and accumulation of resources. The organization consistently reports zero officer compensation, which is a strong indicator of volunteer-driven leadership and efficient use of donor funds, contributing positively to its transparency and public trust. The organization's spending efficiency appears strong, particularly given the absence of executive compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the consistent surplus and asset growth suggest that a significant portion of revenue is either retained or directed towards its mission. The low liabilities across all reported periods also point to responsible financial stewardship. The consistent filing of IRS Form 990s over 11 periods further enhances its transparency, allowing for public scrutiny of its financial activities. Overall, Natural Chi Foundation Corp appears to be a financially stable and efficiently run organization. Its consistent growth in assets, positive net income, and lack of officer compensation are all positive indicators. The organization's long filing history and minimal liabilities further underscore its commitment to financial accountability and transparency.

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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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