Is Temenos Community Development Corpo Ration Legit?
Quick charity verification for Temenos Community Development Corpo Ration (EIN: 204594987)
Verdict: Temenos Community Development Corpo Ration appears trustworthy
70/100Mission Score
$3.1MRevenue
$4.6MAssets
4Red Flags
3Strengths
Red Flags
Significant and consistent decline in total assets from $15.5M in 2017 to $5.2M in 2022.
Negative revenue reported in 2021 ($-300,037), indicating potential financial instability or unusual accounting.
Inconsistent revenue generation, with large swings between years (e.g., $8M in 2020 vs. $-0.3M in 2021).
Expenses exceeding revenue in multiple recent years (e.g., 2022, 2021, 2019, 2018, 2017), leading to operational deficits.
Strengths
Consistent reporting of 0% officer compensation, suggesting either volunteer leadership or transparent reporting of no executive pay.
History of significant revenue generation in certain years, demonstrating capacity for large-scale funding (e.g., $8M in 2020).
Maintained substantial assets over time, despite recent declines, indicating a solid financial base for operations.
Spending Breakdown
How Temenos Community Development Corpo Ration allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Temenos Community Development Corpo Ration
Is Temenos Community Development Corpo Ration a legitimate charity?
Based on AI analysis of IRS 990 filings, Temenos Community Development Corpo Ration (EIN: 204594987) appears trustworthy. Mission Score: 70/100. 4 red flags identified, 3 strengths noted.
Is Temenos Community Development Corpo Ration a good charity to donate to?
Temenos Community Development Corpo Ration has a Mission Score of 70/100. Revenue: $3.1M. Assets: $4.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Temenos Community Development Corpo Ration?
The Employer Identification Number (EIN) for Temenos Community Development Corpo Ration is 204594987. 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 Temenos Community Development Corpo Ration spend its money?
Temenos Community Development Corpo Ration allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Temenos Community Development Corpo Ration's tax-exempt status?
You can verify Temenos Community Development Corpo Ration's tax-exempt status using EIN 204594987 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
Temenos Community Development Corporation exhibits fluctuating financial health over the past decade. While the organization reported a positive revenue of $2,131,421 in 2022, it also incurred expenses of $2,497,509, leading to a deficit. This follows a significant negative revenue of $-300,037 in 2021, indicating potential volatility in funding or accounting adjustments. The organization's assets have also seen a considerable decline from a peak of $15,528,867 in 2017 to $5,285,868 in 2022, suggesting a reduction in its overall financial base or a shift in asset management. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that executive compensation is not reported in this category, which would warrant further investigation.