Quick charity verification for Save The Cord Foundation (EIN: 205953361)
Verdict: Save The Cord Foundation appears trustworthy
75/100Mission Score
$85KRevenue
$13KAssets
2Red Flags
2Strengths
Red Flags
Significant year-over-year fluctuations in net assets, indicating inconsistent financial performance (e.g., $28,473 in 202206 to $2,851 in 202306).
Low asset base relative to annual revenue, suggesting limited financial reserves ($13,537 assets vs. $71,005 revenue in 202406).
Strengths
Consistent reporting of 0% officer compensation, indicating a strong commitment to minimizing administrative salary costs.
Demonstrated ability to recover from financial deficits, as seen by the positive net income in 202406 after a deficit in 202306.
Spending Breakdown
How Save The Cord Foundation 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 Save The Cord Foundation
Is Save The Cord Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Save The Cord Foundation (EIN: 205953361) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 2 strengths noted.
Is Save The Cord Foundation a good charity to donate to?
Save The Cord Foundation has a Mission Score of 75/100. Revenue: $85K. Assets: $13K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Save The Cord Foundation?
The Employer Identification Number (EIN) for Save The Cord Foundation is 205953361. 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 Save The Cord Foundation spend its money?
Save The Cord Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Save The Cord Foundation's tax-exempt status?
You can verify Save The Cord Foundation's tax-exempt status using EIN 205953361 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
Save The Cord Foundation demonstrates a consistent operational history with fluctuating financial performance. In the most recent filing (202406), the organization reported revenue of $71,005 against expenses of $62,381, indicating a surplus. However, the previous year (202306) saw expenses of $89,867 significantly outstripping revenue of $63,566, leading to a deficit and a notable decrease in assets from $28,473 to $2,851. The organization's assets remain relatively low at $13,537 in 202406, suggesting limited financial reserves. The consistent reporting of 0% officer compensation across all filings indicates a commitment to minimizing administrative overhead in this area, which is a positive sign for donor confidence. The NTEE code E99 (Other Health Related) suggests a broad mission, and without detailed expense breakdowns, it's challenging to fully assess spending efficiency beyond the lack of executive pay.