Quick charity verification for The Caring Community Foundation Inc (EIN: 200036976)
Verdict: The Caring Community Foundation Inc appears trustworthy
92/100Mission Score
$378KRevenue
$173KAssets
1Red Flags
5Strengths
Red Flags
None identified based on the provided financial data.
Strengths
Strong program spending ratio (estimated 85%)
Zero officer compensation reported across all filings
Consistent positive net assets and low liabilities
Positive net income in the most recent filing period (202312)
Good financial stability with assets consistently exceeding liabilities
Spending Breakdown
How The Caring Community Foundation Inc 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 The Caring Community Foundation Inc
Is The Caring Community Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Caring Community Foundation Inc (EIN: 200036976) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is The Caring Community Foundation Inc a good charity to donate to?
The Caring Community Foundation Inc has a Mission Score of 92/100. Revenue: $378K. Assets: $173K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Caring Community Foundation Inc?
The Employer Identification Number (EIN) for The Caring Community Foundation Inc is 200036976. 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 The Caring Community Foundation Inc spend its money?
The Caring Community Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Caring Community Foundation Inc's tax-exempt status?
You can verify The Caring Community Foundation Inc's tax-exempt status using EIN 200036976 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 Caring Community Foundation Inc demonstrates generally sound financial health, with a positive net income in its most recent filing period (202312), where revenue of $316,012 exceeded expenses of $176,759. This marks a recovery from the 202212 period where expenses significantly outstripped revenue. The organization consistently maintains a healthy asset base relative to its liabilities, indicating good financial stability. Its spending efficiency appears strong, with a high proportion of expenses directed towards program services, as evidenced by the low administrative and fundraising costs. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards its mission rather than executive salaries, enhancing its transparency and public trust.
The foundation's financial management shows a pattern of careful resource allocation. While there have been fluctuations in revenue and expenses over the years, the overall trend indicates a stable operation. The absence of officer compensation is a significant positive indicator of its dedication to its charitable purpose. The organization's NTEE code E86 (Community Foundations) aligns with its name, suggesting a focus on broad community support, which is further supported by its efficient spending ratios. The relatively low liabilities across all periods also point to responsible financial stewardship.