Cher Charitable Foundation Inc
Cher Charitable Foundation Inc. shows inconsistent financial performance with fluctuating revenues and expenses, and no officer compensation.
EIN: 200856879 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $105K |
| Total Expenses | $107K |
| Program Spending | 70% |
| Net Assets | $28K |
| Transparency Score | 65/100 |
Is Cher Charitable Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cher Charitable Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Cher Charitable Foundation Inc
Cher Charitable Foundation Inc (EIN: 200856879) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $105K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cher Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cher Charitable Foundation Inc is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $100K |
| Total Expenses | $107K |
| Surplus / Deficit | $-7,004 |
| Total Assets | $28K |
| Total Liabilities | $1 |
| Net Assets | $28K |
| Operating Margin | -7.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 3.2 months |
Financial Health Grade: B
In 2023, Cher Charitable Foundation Inc reported a deficit of $7K with expenses exceeding revenue, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Cher Charitable Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -64.2% | -59.0% | -19.8% |
| 2022 | +64.7% | +56.4% | +106.9% |
| 2021 | +21.4% | +11.3% | +18.5% |
| 2020 | +16.5% | -6.5% | -41.7% |
| 2019 | -35.0% | -12.2% | +111.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cher Charitable Foundation Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Cher Charitable Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its executives, which is a strong positive for donor trust.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Cher Charitable Foundation Inc's IRS 990 filings:
- Inconsistent financial performance with expenses frequently exceeding revenue (e.g., 2023, 2020, 2019).
- Significant decline in assets from $373,441 in 2011 to $8,880 currently.
- Lack of detailed expense breakdown in provided data makes it difficult to assess program efficiency.
Strengths
The following positive indicators were identified for Cher Charitable Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating no executive salaries.
- Low to zero liabilities reported across most years, suggesting good debt management.
Frequently Asked Questions about Cher Charitable Foundation Inc
Is Cher Charitable Foundation Inc a legitimate charity?
Cher Charitable Foundation Inc (EIN: 200856879) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $105K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Cher Charitable Foundation Inc spend its money?
Cher Charitable Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Cher Charitable Foundation Inc tax-deductible?
Cher Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200856879). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cher Charitable Foundation Inc's spending goes to programs?
Cher Charitable Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Cher Charitable Foundation Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Cher Charitable Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cher Charitable Foundation Inc located?
Cher Charitable Foundation Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 200856879. It is classified under NTEE code T22.
How many years of IRS 990 filings does Cher Charitable Foundation Inc have?
Cher Charitable Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $105K in total revenue.
Is Cher Charitable Foundation Inc. financially stable?
The foundation's financial stability appears inconsistent. While it has operated for over a decade, its revenue and asset levels fluctuate significantly year-to-year, with expenses often exceeding revenue, as seen in 2023 ($107,270 expenses vs. $100,266 revenue).
How does Cher Charitable Foundation Inc. manage its executive compensation?
Cher Charitable Foundation Inc. reports 0% officer compensation in all available filings, meaning no salaries or benefits are paid to its officers.
What is the trend in the organization's assets?
The organization's assets have shown a declining trend from a high of $373,441 in 2011 to $8,880 currently, with significant fluctuations in between, suggesting potential changes in scale or asset management.
Filing History
IRS 990 filing history for Cher Charitable Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Cher Charitable Foundation Inc's revenue has grown by 800.1%, moving from $11K to $100K. Total assets decreased by 92.4% over the same period, from $373K to $28K. Total functional expenses fell by 59.4%, from $264K to $107K. In its most recent filing year (2023), Cher Charitable Foundation Inc reported a deficit of $7K, with expenses exceeding revenue. The organization holds $1 in liabilities against $28K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $28K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $100K | $107K | $28K | $1 | — | — |
| 2022 | $280K | $262K | $35K | $1 | — | View 990 |
| 2021 | $170K | $167K | $17K | $1 | — | View 990 |
| 2020 | $140K | $150K | $14K | $1 | — | View 990 |
| 2019 | $120K | $161K | $25K | $0 | — | View 990 |
| 2015 | $185K | $183K | $12K | $0 | — | View 990 |
| 2014 | $151K | $186K | $10K | $0 | — | View 990 |
| 2013 | $422 | $198K | $44K | $0 | — | View 990 |
| 2012 | $204K | $336K | $242K | $1 | — | View 990 |
| 2011 | $11K | $264K | $373K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $100K, expenses of $107K, and assets of $28K (revenue -64.2% year-over-year).
- 2022: Revenue of $280K, expenses of $262K, and assets of $35K (revenue +64.7% year-over-year).
- 2021: Revenue of $170K, expenses of $167K, and assets of $17K (revenue +21.4% year-over-year).
- 2020: Revenue of $140K, expenses of $150K, and assets of $14K (revenue +16.5% year-over-year).
- 2019: Revenue of $120K, expenses of $161K, and assets of $25K (revenue -35.0% year-over-year).
- 2015: Revenue of $185K, expenses of $183K, and assets of $12K (revenue +22.5% year-over-year).
- 2014: Revenue of $151K, expenses of $186K, and assets of $10K (revenue +35711.1% year-over-year).
- 2013: Revenue of $422, expenses of $198K, and assets of $44K (revenue -99.8% year-over-year).
- 2012: Revenue of $204K, expenses of $336K, and assets of $242K (revenue +1731.8% year-over-year).
- 2011: Revenue of $11K, expenses of $264K, and assets of $373K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cher Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Cher Charitable Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.