Is Wade Knox Childrens Advocacy Center Inc…

Quick charity verification for Wade Knox Childrens Advocacy Center Inc (EIN: 202705936)

Strengths

Consistent financial surplus, demonstrating strong fiscal management (e.g., $49,891 surplus in 2023).
Steady growth in assets over time, indicating increasing financial stability and capacity (e.g., assets grew from $1.1M in 2019 to $1.6M in 2023).
Reported 0% officer compensation, suggesting a high proportion of funds are directed towards programs.
Low liabilities relative to assets, indicating minimal financial risk (e.g., $7,048 liabilities vs. $1,635,294 assets in 2023).
Consistent IRS 990 filings, demonstrating good transparency and accountability.

Spending Breakdown

How Wade Knox Childrens Advocacy Center Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Wade Knox Childrens Advocacy Center Inc

Is Wade Knox Childrens Advocacy Center Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Wade Knox Childrens Advocacy Center Inc (EIN: 202705936) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

Is Wade Knox Childrens Advocacy Center Inc a good charity to donate to?

Wade Knox Childrens Advocacy Center Inc has a Mission Score of 95/100. Revenue: $736K. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Wade Knox Childrens Advocacy Center Inc?

The Employer Identification Number (EIN) for Wade Knox Childrens Advocacy Center Inc is 202705936. 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 Wade Knox Childrens Advocacy Center Inc spend its money?

Wade Knox Childrens Advocacy Center Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Wade Knox Childrens Advocacy Center Inc's tax-exempt status?

You can verify Wade Knox Childrens Advocacy Center Inc's tax-exempt status using EIN 202705936 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

Wade Knox Childrens Advocacy Center Inc demonstrates strong financial health and a commendable commitment to its mission. Over the past five years, the organization has consistently maintained a healthy surplus, with revenues generally exceeding expenses. For instance, in 2023, revenue was $704,597 against expenses of $654,706, resulting in a surplus of nearly $50,000. This consistent financial management has allowed the organization to steadily grow its assets, from $1,179,630 in 2019 to $1,635,294 in 2023, indicating prudent financial stewardship and capacity building.

The organization's spending efficiency appears high, particularly given the reported 0% officer compensation across all available filings. This suggests that a very high proportion of funds are directed towards program services and operational needs rather than executive salaries. The low liabilities, such as $7,048 in 2023, further underscore a well-managed balance sheet and minimal financial risk. The consistent growth in assets, coupled with responsible expense management, points to a sustainable operational model.

Transparency is excellent, primarily due to the consistent filing of IRS Form 990s and the explicit reporting of 0% officer compensation. This level of detail allows for clear insight into how funds are being utilized and demonstrates a commitment to public accountability. The organization's financial trajectory suggests a stable and growing entity effectively serving its community.

Is Wade Knox Childrens Advocacy Center Inc Legit?

Verdict: Wade Knox Childrens Advocacy Center Inc appears trustworthy

Red Flags