Cms Foundation
Cms Foundation shows strong asset growth and zero executive compensation despite recent revenue decline.
EIN: 200258541 · Charlotte, NC · NTEE: B112 · Updated: 2026-03-28
Is Cms Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cms Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cms Foundation
Cms Foundation (EIN: 200258541) is a nonprofit organization based in Charlotte, NC, classified under NTEE code B112. The organization reported total revenue of $2.7M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cms Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cms Foundation is a mid-size nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 15.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-360,732 |
| Total Assets | $2.3M |
| Total Liabilities | $5K |
| Net Assets | $2.3M |
| Operating Margin | -27.9% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 16.9 months |
Financial Health Grade: B
In 2023, Cms Foundation reported a deficit of $361K with expenses exceeding revenue, holds 16.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Cms Foundation's revenue has grown at a compound annual growth rate (CAGR) of 15.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.4% | +5.1% | -4.3% |
| 2022 | -62.4% | -51.7% | -8.3% |
| 2021 | +43.0% | +127.7% | +30.1% |
| 2020 | +85.7% | +76.0% | +106.5% |
| 2019 | +204.3% | +29.6% | +116.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2004 |
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 Cms Foundation 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Cms Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $361K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size with latest revenue of $2,660,506.
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 Cms Foundation's IRS 990 filings:
- Expenses exceeded revenue in the 2023 fiscal period ($1,653,238 vs. $1,292,506), indicating a deficit for that year.
Strengths
The following positive indicators were identified for Cms Foundation:
- Consistent reporting of 0% officer compensation across all available filings, indicating strong commitment to mission spending.
- Significant growth in assets from $467,187 in 2015 to $2,324,495 in 2023, demonstrating effective financial management.
- Consistent filing of IRS Form 990s over 12 periods, indicating good transparency and compliance.
- Healthy asset-to-liability ratio, with liabilities at $5,000 in 2023 against assets of $2,324,495.
Frequently Asked Questions about Cms Foundation
Is Cms Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Cms Foundation (EIN: 200258541) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Cms Foundation spend its money?
Cms Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cms Foundation tax-deductible?
Cms Foundation is registered as a tax-exempt nonprofit (EIN: 200258541). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Cms Foundation financially stable given the 2023 deficit?
While the 2023 filing shows expenses ($1,653,238) exceeding revenue ($1,292,506), the organization maintains a healthy asset base of $2,324,495, suggesting it has reserves to cover short-term deficits. However, sustained deficits would impact long-term stability.
How does the lack of officer compensation impact the charity's effectiveness?
The consistent 0% officer compensation is a strong positive indicator, suggesting that a very high proportion of funds are directed towards program services and operational needs rather than executive salaries, potentially increasing program impact.
What caused the significant revenue fluctuation between 2021 and 2023?
Revenue peaked at $3,841,369 in 2021 and then declined to $1,292,506 in 2023. Without further details from the 990 filings, it's difficult to pinpoint the exact cause, but it could be due to changes in grant funding, donor contributions, or investment performance.
Filing History
IRS 990 filing history for Cms Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Cms Foundation's revenue has grown by 406.4%, moving from $255K to $1.3M. Total assets increased by 949.5% over the same period, from $221K to $2.3M. Total functional expenses rose by 540.1%, from $258K to $1.7M. In its most recent filing year (2023), Cms Foundation reported a deficit of $361K, with expenses exceeding revenue. The organization holds $5K in liabilities against $2.3M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.7M | $2.3M | $5K | — | View 990 |
| 2022 | $1.4M | $1.6M | $2.4M | $0 | — | View 990 |
| 2021 | $3.8M | $3.3M | $2.6M | $0 | — | View 990 |
| 2020 | $2.7M | $1.4M | $2.0M | $0 | — | View 990 |
| 2019 | $1.4M | $813K | $985K | $0 | — | View 990 |
| 2018 | $475K | $627K | $454K | $0 | — | View 990 |
| 2017 | $558K | $809K | $363K | $0 | — | View 990 |
| 2016 | $253K | $224K | $497K | $0 | — | View 990 |
| 2015 | $48K | $207K | $467K | $0 | — | View 990 |
| 2014 | $505K | $179K | $626K | $0 | — | View 990 |
| 2013 | $235K | $157K | $300K | $0 | — | View 990 |
| 2012 | $255K | $258K | $221K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.7M, and assets of $2.3M (revenue -10.4% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.6M, and assets of $2.4M (revenue -62.4% year-over-year).
- 2021: Revenue of $3.8M, expenses of $3.3M, and assets of $2.6M (revenue +43.0% year-over-year).
- 2020: Revenue of $2.7M, expenses of $1.4M, and assets of $2.0M (revenue +85.7% year-over-year).
- 2019: Revenue of $1.4M, expenses of $813K, and assets of $985K (revenue +204.3% year-over-year).
- 2018: Revenue of $475K, expenses of $627K, and assets of $454K (revenue -14.8% year-over-year).
- 2017: Revenue of $558K, expenses of $809K, and assets of $363K (revenue +120.5% year-over-year).
- 2016: Revenue of $253K, expenses of $224K, and assets of $497K (revenue +427.7% year-over-year).
- 2015: Revenue of $48K, expenses of $207K, and assets of $467K (revenue -90.5% year-over-year).
- 2014: Revenue of $505K, expenses of $179K, and assets of $626K (revenue +114.8% year-over-year).
- 2013: Revenue of $235K, expenses of $157K, and assets of $300K (revenue -7.8% year-over-year).
- 2012: Revenue of $255K, expenses of $258K, and assets of $221K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cms Foundation:
Data Sources and Methodology
This transparency report for Cms Foundation 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.