Is Regenesis Community Developement…

Quick charity verification for Regenesis Community Developement Corporation (EIN: 200726974)

Spending Breakdown

How Regenesis Community Developement Corporation allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Regenesis Community Developement Corporation

Is Regenesis Community Developement Corporation a legitimate charity?

Based on AI analysis of IRS 990 filings, Regenesis Community Developement Corporation (EIN: 200726974) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.

Is Regenesis Community Developement Corporation a good charity to donate to?

Regenesis Community Developement Corporation has a Mission Score of 60/100. Revenue: $134K. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Regenesis Community Developement Corporation?

The Employer Identification Number (EIN) for Regenesis Community Developement Corporation is 200726974. 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 Regenesis Community Developement Corporation spend its money?

Regenesis Community Developement Corporation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Regenesis Community Developement Corporation's tax-exempt status?

You can verify Regenesis Community Developement Corporation's tax-exempt status using EIN 200726974 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

Regenesis Community Development Corporation exhibits a consistent pattern of operating at a deficit, with expenses regularly exceeding revenue over the past decade. For instance, in 2022, expenses were $159,439 against revenues of $69,771, and this trend is visible across most years, including a significant deficit in 2015 where expenses were $512,085 against revenues of $276,083. While the organization maintains substantial assets, reported at $1,744,970 most recently, its liabilities have also grown considerably, from $199,655 in 2013 to $1,272,944 in 2022, indicating a reliance on debt or other non-revenue funding sources to cover operational costs.

The organization's financial health appears challenged by its inability to generate sufficient revenue to cover its expenses. Despite this, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead at the executive level, which is a positive indicator of spending efficiency in that specific area. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's difficult to fully assess overall spending efficiency beyond executive compensation.

Transparency is generally good given the consistent filing of IRS Form 990s over a long period. The lack of officer compensation is a strong point for transparency regarding executive pay. However, the sustained operating deficits and increasing liabilities warrant closer scrutiny to understand the long-term sustainability of the organization's financial model and how it plans to address these imbalances.

Is Regenesis Community Developement Corporation Legit?

Verdict: Regenesis Community Developement Corporation shows mixed signals

Red Flags

Strengths