Chesapeake Climate Action Network Action Fund Inc
Chesapeake Climate Action Network Action Fund Inc experiences significant revenue and asset growth with no reported officer compensation.
EIN: 10879928 · Takoma Park, MD · NTEE: R01 · Updated: 2026-03-27
Is Chesapeake Climate Action Network Action Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chesapeake Climate Action Network Action Fund Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chesapeake Climate Action Network Action Fund Inc
Chesapeake Climate Action Network Action Fund Inc (EIN: 10879928) is a nonprofit organization based in Takoma Park, MD, classified under NTEE code R01. The organization reported total revenue of $1.7M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chesapeake Climate Action Network Action Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chesapeake Climate Action Network Action Fund Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Chesapeake Climate Action Network Action Fund Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a volunteer-led executive structure or that compensation is reported under different categories not specified in the provided data.
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 Chesapeake Climate Action Network Action Fund Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data
- Increasing liabilities ($348,855 in 2023) without clear explanation of their nature
Strengths
The following positive indicators were identified for Chesapeake Climate Action Network Action Fund Inc:
- Significant revenue growth from $111,705 in 2021 to $1,024,920 in 2023
- Consistent 0% officer compensation reported across all filings, indicating high efficiency in executive pay
- Strong asset growth, reaching $1,221,851 in 2023
- Positive net assets (Assets > Liabilities) in all reported periods
Frequently Asked Questions about Chesapeake Climate Action Network Action Fund Inc
Is Chesapeake Climate Action Network Action Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chesapeake Climate Action Network Action Fund Inc (EIN: 10879928) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Chesapeake Climate Action Network Action Fund Inc spend its money?
Chesapeake Climate Action Network Action Fund Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Chesapeake Climate Action Network Action Fund Inc tax-deductible?
Chesapeake Climate Action Network Action Fund Inc is registered as a tax-exempt nonprofit (EIN: 10879928). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Chesapeake Climate Action Network Action Fund Inc manage its liabilities, which increased to $348,855 in 2023?
The provided data shows an increase in liabilities, but without further detail on the nature of these liabilities (e.g., program-related payables, deferred revenue), it's difficult to assess their management. It's important to ensure these are short-term and manageable relative to the organization's growing assets and revenue.
What is the specific breakdown of expenses into program, administrative, and fundraising categories?
The provided data only gives total expenses. A detailed breakdown is crucial for a comprehensive assessment of spending efficiency and to confirm the estimated spending breakdown percentages.
Given the 0% officer compensation, how are the organization's leadership roles compensated or structured?
The consistent reporting of 0% officer compensation suggests either a fully volunteer executive leadership or that executive compensation is categorized differently within the expense structure, which would require further investigation of their full IRS Form 990.
Filing History
IRS 990 filing history for Chesapeake Climate Action Network Action Fund Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2015–2023), Chesapeake Climate Action Network Action Fund Inc's revenue has grown by 16982%, moving from $6K to $1.0M. Total assets increased by 13892.8% over the same period, from $9K to $1.2M. Total functional expenses rose by 12054.9%, from $5K to $549K. In its most recent filing year (2023), Chesapeake Climate Action Network Action Fund Inc reported a surplus of $476K, with revenue exceeding expenses. The organization holds $349K in liabilities against $1.2M in assets (debt-to-asset ratio: 28.6%), resulting in net assets of $873K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $549K | $1.2M | $349K | — | View 990 |
| 2022 | $790K | $501K | $763K | $366K | — | View 990 |
| 2021 | $112K | $305K | $222K | $114K | — | View 990 |
| 2020 | $550K | $309K | $351K | $49K | — | View 990 |
| 2019 | $152K | $131K | $90K | $29K | — | View 990 |
| 2018 | $148K | $118K | $91K | $51K | — | View 990 |
| 2015 | $6K | $5K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $549K, and assets of $1.2M (revenue +29.8% year-over-year).
- 2022: Revenue of $790K, expenses of $501K, and assets of $763K (revenue +607.1% year-over-year).
- 2021: Revenue of $112K, expenses of $305K, and assets of $222K (revenue -79.7% year-over-year).
- 2020: Revenue of $550K, expenses of $309K, and assets of $351K (revenue +263.1% year-over-year).
- 2019: Revenue of $152K, expenses of $131K, and assets of $90K (revenue +2.5% year-over-year).
- 2018: Revenue of $148K, expenses of $118K, and assets of $91K (revenue +2363.8% year-over-year).
- 2015: Revenue of $6K, expenses of $5K, and assets of $9K.
Data Sources and Methodology
This transparency report for Chesapeake Climate Action Network Action Fund 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.