Is Parents Guide To Cord Bloodfoundation Inc Legit?
Quick charity verification for Parents Guide To Cord Bloodfoundation Inc (EIN: 208939848)
Verdict: Parents Guide To Cord Bloodfoundation Inc appears trustworthy
95/100Mission Score
$159KRevenue
$175KAssets
1Red Flags
5Strengths
Red Flags
Slight deficit in 2023 where expenses ($178,984) exceeded revenue ($173,058)
Strengths
Consistent 0% officer compensation across all filings
Zero liabilities reported in all available filings
Positive trend in net assets over the past decade, from $90,386 in 2014 to $191,521 in 2023
Consistent filing of IRS Form 990s for 13 periods, indicating transparency
Strong program efficiency due to minimal administrative and no fundraising or executive compensation costs
Spending Breakdown
How Parents Guide To Cord Bloodfoundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Parents Guide To Cord Bloodfoundation Inc
Is Parents Guide To Cord Bloodfoundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Parents Guide To Cord Bloodfoundation Inc (EIN: 208939848) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Parents Guide To Cord Bloodfoundation Inc a good charity to donate to?
Parents Guide To Cord Bloodfoundation Inc has a Mission Score of 95/100. Revenue: $159K. Assets: $175K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Parents Guide To Cord Bloodfoundation Inc?
The Employer Identification Number (EIN) for Parents Guide To Cord Bloodfoundation Inc is 208939848. 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 Parents Guide To Cord Bloodfoundation Inc spend its money?
Parents Guide To Cord Bloodfoundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Parents Guide To Cord Bloodfoundation Inc's tax-exempt status?
You can verify Parents Guide To Cord Bloodfoundation Inc's tax-exempt status using EIN 208939848 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
Parents Guide To Cord Bloodfoundation Inc demonstrates consistent financial health, maintaining positive net assets over the past decade. While revenue has fluctuated, ranging from a high of $257,229 in 2019 to $173,058 in 2023, the organization has generally managed its expenses effectively. In 2023, expenses slightly exceeded revenue ($178,984 vs. $173,058), resulting in a minor deficit, but this is not a significant concern given the overall asset base of $191,521 and a history of positive net income in most years. The organization's liabilities have consistently been reported as $0, indicating a very strong balance sheet and no reliance on debt.
The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a very high proportion of funds are likely directed towards program services rather than administrative overhead or executive salaries. The absence of liabilities further reinforces a lean operational structure. The consistent filing of IRS Form 990s over 13 periods indicates a commitment to transparency.
Overall, Parents Guide To Cord Bloodfoundation Inc appears to be a financially stable and efficiently run organization. Its consistent asset growth, lack of debt, and commitment to transparency through regular filings and zero officer compensation are positive indicators of its financial health and responsible stewardship of donor funds. The slight deficit in 2023 is a minor fluctuation within a generally healthy financial trend.