Is The Community Foundation For The Greater Capital Region Inc Legit?
Quick charity verification for The Community Foundation For The Greater Capital Region Inc (EIN: 141505623)
Verdict: The Community Foundation For The Greater Capital Region Inc appears trustworthy
88/100Mission Score
$27.1MRevenue
$119.8MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and asset base, potentially obscuring executive remuneration details without further investigation of full 990 forms.
Strengths
Strong and growing asset base, reaching $110,463,310 in 2023, indicating long-term financial stability.
Low liabilities relative to assets (e.g., $4,605,129 liabilities vs. $110,463,310 assets in 2023), demonstrating strong solvency.
Consistent IRS 990 filing history over 13 periods, indicating transparency and compliance.
Significant revenue generation, with a peak of $24,885,752 in 2021, enabling substantial philanthropic activity.
Spending Breakdown
How The Community Foundation For The Greater Capital Region 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 Community Foundation For The Greater Capital Region Inc
Is The Community Foundation For The Greater Capital Region Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Community Foundation For The Greater Capital Region Inc (EIN: 141505623) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is The Community Foundation For The Greater Capital Region Inc a good charity to donate to?
The Community Foundation For The Greater Capital Region Inc has a Mission Score of 88/100. Revenue: $27.1M. Assets: $119.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Community Foundation For The Greater Capital Region Inc?
The Employer Identification Number (EIN) for The Community Foundation For The Greater Capital Region Inc is 141505623. 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 Community Foundation For The Greater Capital Region Inc spend its money?
The Community Foundation For The Greater Capital Region Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Community Foundation For The Greater Capital Region Inc's tax-exempt status?
You can verify The Community Foundation For The Greater Capital Region Inc's tax-exempt status using EIN 141505623 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 Community Foundation For The Greater Capital Region Inc demonstrates a generally stable financial position with significant assets, reaching $110,463,310 in the 2023 fiscal period. Revenue has fluctuated, with a notable peak of $24,885,752 in 2021, but has consistently supported its operations. The organization's liabilities remain a small fraction of its assets, indicating strong financial solvency. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of spending efficiency and transparency.
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall expense levels relative to revenue suggest a focus on deploying funds. For instance, in 2023, expenses were $10,411,637 against revenues of $8,960,281, indicating a year where more was spent than brought in, likely drawing from accumulated assets to support programs. The organization's role as a community foundation typically involves managing endowments and distributing grants, which aligns with its asset base and fluctuating revenue streams. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and transparency.