Quick charity verification for The Thomas Cholnoky Foundation Inc (EIN: 222610435)
Verdict: The Thomas Cholnoky Foundation Inc has notable concerns
30/100Mission Score
$105KRevenue
$885KAssets
3Red Flags
3Strengths
Red Flags
Zero program service expenses reported in all available filings (e.g., $0 in 2023, 2022, 2021), raising questions about direct charitable impact.
High administrative expenses relative to revenue and program spending (e.g., $46,073 in 2023 expenses against $31,807 revenue and $0 programs).
Lack of clear mission or program details in the provided data, making it difficult to assess charitable activities.
Strengths
Consistent asset base, suggesting financial stability over time.
No reported executive compensation, indicating low overhead in terms of salaries.
Long operational history with consistent filing of financial data.
Spending Breakdown
How The Thomas Cholnoky Foundation Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
100%
Admin Costs
High — over 25% on administration
0%
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 Thomas Cholnoky Foundation Inc
Is The Thomas Cholnoky Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Thomas Cholnoky Foundation Inc (EIN: 222610435) has notable concerns. Mission Score: 30/100. 3 red flags identified, 3 strengths noted.
Is The Thomas Cholnoky Foundation Inc a good charity to donate to?
The Thomas Cholnoky Foundation Inc has a Mission Score of 30/100. Revenue: $105K. Assets: $885K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Thomas Cholnoky Foundation Inc?
The Employer Identification Number (EIN) for The Thomas Cholnoky Foundation Inc is 222610435. 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 Thomas Cholnoky Foundation Inc spend its money?
The Thomas Cholnoky Foundation Inc allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Thomas Cholnoky Foundation Inc's tax-exempt status?
You can verify The Thomas Cholnoky Foundation Inc's tax-exempt status using EIN 222610435 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 Thomas Cholnoky Foundation Inc is a unknown nonprofit based in Greenwich, Connecticut, with reported revenue of $105K and assets of $885K. Our AI analysis assigns a Mission Score of 30/100 (Poor). Executive compensation is reported as $0 across all available filings, indicating no salaries paid to officers, directors, trustees, or key employees. Revenue has declined -29% across 10 filing periods.