Is United Way Of The Greater Capital Region Inc Legit?
Quick charity verification for United Way Of The Greater Capital Region Inc (EIN: 141364505)
Verdict: United Way Of The Greater Capital Region Inc appears trustworthy
78/100Mission Score
$6.0MRevenue
$11.4MAssets
3Red Flags
3Strengths
Red Flags
Expenses exceeded revenue in 2022 and 2023, indicating potential operational deficits.
Significant decline in revenue from $9.13 million in 2021 to $3.43 million in 2023.
Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and warrants further investigation.
Strengths
Strong asset base, currently at $11.37 million, providing financial stability.
History of substantial community engagement as a United Way organization.
No reported officer compensation, suggesting either volunteer leadership or efficient use of funds not allocated to top executives.
Spending Breakdown
How United Way Of The Greater Capital Region Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 United Way Of The Greater Capital Region Inc
Is United Way Of The Greater Capital Region Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, United Way Of The Greater Capital Region Inc (EIN: 141364505) appears trustworthy. Mission Score: 78/100. 3 red flags identified, 3 strengths noted.
Is United Way Of The Greater Capital Region Inc a good charity to donate to?
United Way Of The Greater Capital Region Inc has a Mission Score of 78/100. Revenue: $6.0M. Assets: $11.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for United Way Of The Greater Capital Region Inc?
The Employer Identification Number (EIN) for United Way Of The Greater Capital Region Inc is 141364505. 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 United Way Of The Greater Capital Region Inc spend its money?
United Way Of The Greater Capital Region Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify United Way Of The Greater Capital Region Inc's tax-exempt status?
You can verify United Way Of The Greater Capital Region Inc's tax-exempt status using EIN 141364505 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
United Way Of The Greater Capital Region Inc demonstrates a generally stable financial position with some fluctuations in revenue and expenses over the past decade. While the organization's assets have grown significantly from $7.3 million in 2019 to $11.3 million currently, recent years show a trend of expenses exceeding revenue, particularly in 2023 ($4.78M expenses vs. $3.43M revenue) and 2022 ($5.03M expenses vs. $4.59M revenue). This indicates a reliance on prior year surpluses or asset utilization to cover operational costs. The organization consistently reports 0% officer compensation, which is a positive indicator of transparency regarding executive pay, though it's important to verify if this means no compensation or if it's reported under different categories. The NTEE code P12 (United Ways) suggests a broad community focus, and the financial data supports an organization with substantial community investment, although the exact program spending ratio would provide a clearer picture of efficiency.