Is Washington County Economic Opportunity Council Inc Legit?
Quick charity verification for Washington County Economic Opportunity Council Inc (EIN: 141494402)
Verdict: Washington County Economic Opportunity Council Inc appears trustworthy
90/100Mission Score
$7.1MRevenue
$2.2MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed program, administrative, and fundraising expense breakdown in provided data (though not a red flag for the organization itself, but for this analysis)
Consistent reporting of 0% officer compensation for an organization of this size could warrant further investigation to understand the full compensation structure, if any, for key management personnel.
Strengths
Consistent financial stability with revenues generally covering expenses.
Stable asset base, indicating good stewardship of resources.
No reported officer compensation, suggesting high efficiency and dedication to mission.
Positive net assets (Assets > Liabilities) in most recent filings, indicating financial solvency.
Consistent filing history, demonstrating transparency and compliance.
Spending Breakdown
How Washington County Economic Opportunity Council 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 Washington County Economic Opportunity Council Inc
Is Washington County Economic Opportunity Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Washington County Economic Opportunity Council Inc (EIN: 141494402) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is Washington County Economic Opportunity Council Inc a good charity to donate to?
Washington County Economic Opportunity Council Inc has a Mission Score of 90/100. Revenue: $7.1M. Assets: $2.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Washington County Economic Opportunity Council Inc?
The Employer Identification Number (EIN) for Washington County Economic Opportunity Council Inc is 141494402. 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 Washington County Economic Opportunity Council Inc spend its money?
Washington County Economic Opportunity Council Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Washington County Economic Opportunity Council Inc's tax-exempt status?
You can verify Washington County Economic Opportunity Council Inc's tax-exempt status using EIN 141494402 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
Washington County Economic Opportunity Council Inc (WCEOC) demonstrates consistent financial operations, with revenues generally keeping pace with expenses over the past decade. For example, in the 202303 period, revenue was $6,516,009 against expenses of $6,465,941, indicating a slight surplus. The organization's assets have remained relatively stable, fluctuating around $2 million to $2.5 million, with current assets at $2,158,010. Liabilities have shown some variability, but the organization appears to maintain a healthy asset-to-liability ratio, suggesting financial stability. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to directing funds towards its mission rather than executive salaries, which is a strong positive for transparency and efficiency. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests a well-managed organization with a focus on its operational goals.