Is South Central Workforce Development Council Legit?
Quick charity verification for South Central Workforce Development Council (EIN: 205770412)
Verdict: South Central Workforce Development Council appears trustworthy
92/100Mission Score
$10.3MRevenue
$4.7MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
High program spending ratio (85% of expenses in 2023)
Consistent reporting of 0% officer compensation, indicating high efficiency
Steady revenue growth over the past decade, from $5.5M in 2014 to $8.6M in 2023
Healthy growth in assets, from $2.5M in 2014 to $4.3M in 2023
Expenses consistently align closely with revenue, indicating effective financial management
Spending Breakdown
How South Central Workforce Development Council 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 South Central Workforce Development Council
Is South Central Workforce Development Council a legitimate charity?
Based on AI analysis of IRS 990 filings, South Central Workforce Development Council (EIN: 205770412) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is South Central Workforce Development Council a good charity to donate to?
South Central Workforce Development Council has a Mission Score of 92/100. Revenue: $10.3M. Assets: $4.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for South Central Workforce Development Council?
The Employer Identification Number (EIN) for South Central Workforce Development Council is 205770412. 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 South Central Workforce Development Council spend its money?
South Central Workforce Development Council allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify South Central Workforce Development Council's tax-exempt status?
You can verify South Central Workforce Development Council's tax-exempt status using EIN 205770412 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
The South Central Workforce Development Council demonstrates consistent financial stability and a strong commitment to its programmatic mission. Over the past decade, the organization has shown steady growth in revenue, from $5.5 million in 2014 to over $8.6 million in 2023, indicating sustained funding and operational capacity. Expenses have consistently tracked closely with revenue, suggesting efficient resource utilization and a focus on delivering services without accumulating excessive surpluses or deficits. The organization's assets have also grown significantly, from $2.5 million in 2014 to $4.3 million in 2023, providing a solid financial foundation.
The council appears to prioritize program delivery, as evidenced by its spending patterns. With 85% of expenses allocated to program services, it effectively channels the vast majority of its resources directly into its workforce development initiatives. Administrative and fundraising costs are kept at reasonable levels, indicating good stewardship of donor funds. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-led or very lean executive structure, which enhances financial efficiency and transparency.
Overall, the South Central Workforce Development Council exhibits strong financial health, efficient spending, and a high degree of transparency, particularly regarding executive compensation. Its consistent growth, prudent management of expenses, and clear focus on program delivery position it as a financially sound and mission-driven organization.