Quick charity verification for Waldo Community Action Partners (EIN: 16020566)
Verdict: Waldo Community Action Partners appears trustworthy
90/100Mission Score
$20.5MRevenue
$15.8MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported across all filings for an organization of this size, which may indicate incomplete reporting or an unusual compensation structure that requires clarification.
Strengths
Strong and consistent revenue growth, from $6.6M in 2014 to $19.6M in 2023.
Significant asset growth, from $1.89M in 2014 to $16.3M in 2023, indicating robust financial health.
Healthy operating surpluses in recent years (e.g., $688,094 in 202312).
Low liabilities relative to assets, suggesting financial stability and low debt burden (e.g., $2.45M liabilities vs. $16.3M assets in 2023).
Spending Breakdown
How Waldo Community Action Partners 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 Waldo Community Action Partners
Is Waldo Community Action Partners a legitimate charity?
Based on AI analysis of IRS 990 filings, Waldo Community Action Partners (EIN: 16020566) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Waldo Community Action Partners a good charity to donate to?
Waldo Community Action Partners has a Mission Score of 90/100. Revenue: $20.5M. Assets: $15.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Waldo Community Action Partners?
The Employer Identification Number (EIN) for Waldo Community Action Partners is 16020566. 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 Waldo Community Action Partners spend its money?
Waldo Community Action Partners allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Waldo Community Action Partners's tax-exempt status?
You can verify Waldo Community Action Partners's tax-exempt status using EIN 16020566 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
Waldo Community Action Partners demonstrates consistent financial growth and strong program spending efficiency over the past decade. With latest reported revenue of $20,521,443 and assets of $15,806,710, the organization has significantly expanded its capacity. The 202312 filing shows expenses of $18,936,815 against revenue of $19,624,909, indicating a healthy operating surplus. The organization's assets have grown substantially from $1,894,989 in 2014 to $16,328,093 in 2023, reflecting sound financial management and reinvestment.
The consistent growth in assets and revenue, coupled with a low liability-to-asset ratio (e.g., $2,455,738 liabilities against $16,328,093 assets in 2023), suggests financial stability. The absence of reported officer compensation across all filings is a notable aspect of its transparency and resource allocation, implying that leadership compensation is either very low, covered by other means, or not reported in this specific field, which warrants further investigation for complete understanding. Overall, the organization appears to be financially robust and focused on its mission.