Consumer Choice Services Inc
Consumer Choice Services Inc shows strong revenue growth and efficient spending with no reported officer compensation.
EIN: 202014073 · Minnetonka, MN · NTEE: P44 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $236.8M |
| Total Expenses | $186.1M |
| Program Spending | 98% |
| CEO/Top Officer Pay | $188 |
| Net Assets | $10.2M |
| Transparency Score | 92/100 |
Is Consumer Choice Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Consumer Choice Services Inc directs 98% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Consumer Choice Services Inc
Consumer Choice Services Inc (EIN: 202014073) is a nonprofit organization based in Minnetonka, MN, classified under NTEE code P44. The organization reported total revenue of $236.8M and total assets of $33.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Consumer Choice Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Consumer Choice Services Inc is a major nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 30.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $188.4M |
| Total Expenses | $186.1M |
| Surplus / Deficit | +$2.3M |
| Total Assets | $21.6M |
| Total Liabilities | $11.4M |
| Net Assets | $10.2M |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 52.9% |
| Months of Reserves | 1.4 months |
Financial Health Grade: B
In 2023, Consumer Choice Services Inc reported a surplus of $2.3M with revenue exceeding expenses, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 52.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Consumer Choice Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 30.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.9% | +8.5% | +18.3% |
| 2022 | +9.7% | +9.3% | +9.8% |
| 2021 | +20.4% | +21.0% | +18.3% |
| 2020 | +30.9% | +30.3% | +20.9% |
| 2019 | +42.0% | +42.1% | +65.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Consumer Choice Services Inc with a Mission Score of 92 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: 1%
- programs: 98%
- fundraising: 1%
According to IRS 990 filings, Consumer Choice Services Inc allocates its expenses as follows: admin: 1%, programs: 98%, fundraising: 1%. With 98% 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 surplus of $2.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 52.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size and revenue ($188 million in 2023). This suggests that executive compensation may be reported under other expense categories or that leadership is entirely volunteer-based, which would be highly commendable but requires further clarification for complete transparency.
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 Consumer Choice Services Inc's IRS 990 filings:
- Consistently reported 0% officer compensation for a large organization, which may obscure actual executive remuneration if reported elsewhere.
Strengths
The following positive indicators were identified for Consumer Choice Services Inc:
- Exceptional revenue growth, from $10.8 million in 2014 to $188.3 million in 2023.
- High spending efficiency, with expenses consistently close to revenue (e.g., 98.7% in 2023).
- Significant asset growth, indicating strong financial management and capacity.
- Low liabilities relative to assets, suggesting a healthy balance sheet (e.g., 2023 assets $21.6M vs. liabilities $11.4M).
Frequently Asked Questions about Consumer Choice Services Inc
Is Consumer Choice Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Consumer Choice Services Inc (EIN: 202014073) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Consumer Choice Services Inc spend its money?
Consumer Choice Services Inc directs 98% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Consumer Choice Services Inc tax-deductible?
Consumer Choice Services Inc is registered as a tax-exempt nonprofit (EIN: 202014073). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Consumer Choice Services Inc CEO make?
Consumer Choice Services Inc's highest-compensated officer earns $188 annually. The organization reported $236.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Consumer Choice Services Inc's spending goes to programs?
Consumer Choice Services Inc directs 98% to programs, 1% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Consumer Choice Services Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Consumer Choice Services Inc is above average for NTEE category P44 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Consumer Choice Services Inc located?
Consumer Choice Services Inc is headquartered in Minnetonka, Minnesota and files with the IRS under EIN 202014073. It is classified under NTEE code P44.
How many years of IRS 990 filings does Consumer Choice Services Inc have?
Consumer Choice Services Inc has 13 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 $236.8M in total revenue.
Is Consumer Choice Services Inc a good charity?
Based on the provided data, Consumer Choice Services Inc appears to be a very efficient organization, spending nearly all its revenue on its mission (e.g., 2023 expenses were $186,102,242 against $188,381,676 revenue). Its consistent growth and low reported administrative costs are positive indicators. However, the 0% officer compensation warrants further inquiry to understand the full picture of executive remuneration.
How has the organization's financial health changed over time?
The organization has experienced remarkable financial growth, with revenue increasing from $10,895,555 in 2014 to $188,381,676 in 2023. Assets have also grown significantly from $3,107,732 to $21,614,543 over the same period, indicating strong financial health and capacity building.
What is the organization's spending efficiency?
Consumer Choice Services Inc demonstrates high spending efficiency. For example, in 2023, total expenses were $186,102,242 against total revenue of $188,381,676, meaning approximately 98.7% of its revenue was spent. This indicates a very low overhead and a strong focus on program delivery.
Filing History
IRS 990 filing history for Consumer Choice Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Consumer Choice Services Inc's revenue has grown by 2307.1%, moving from $7.8M to $188.4M. Total assets increased by 868.7% over the same period, from $2.2M to $21.6M. Total functional expenses rose by 2400.6%, from $7.4M to $186.1M. In its most recent filing year (2023), Consumer Choice Services Inc reported a surplus of $2.3M, with revenue exceeding expenses. The organization holds $11.4M in liabilities against $21.6M in assets (debt-to-asset ratio: 52.9%), resulting in net assets of $10.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $188.4M | $186.1M | $21.6M | $11.4M | — | — |
| 2022 | $172.9M | $171.5M | $18.3M | $10.4M | — | View 990 |
| 2021 | $157.7M | $156.9M | $16.6M | $10.2M | — | View 990 |
| 2020 | $130.9M | $129.7M | $14.1M | $8.4M | — | View 990 |
| 2019 | $100.0M | $99.5M | $11.6M | $7.2M | — | View 990 |
| 2018 | $70.4M | $70.0M | $7.0M | $3.1M | — | View 990 |
| 2017 | $43.2M | $42.6M | $5.0M | $1.4M | — | View 990 |
| 2016 | $24.1M | $23.8M | $3.9M | $947K | — | View 990 |
| 2015 | $16.3M | $16.3M | $3.5M | $854K | — | View 990 |
| 2014 | $10.9M | $10.8M | $3.1M | $561K | — | View 990 |
| 2013 | $10.6M | $10.6M | $2.9M | $427K | — | View 990 |
| 2012 | $9.0M | $8.5M | $2.8M | $347K | — | View 990 |
| 2011 | $7.8M | $7.4M | $2.2M | $264K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $188.4M, expenses of $186.1M, and assets of $21.6M (revenue +8.9% year-over-year).
- 2022: Revenue of $172.9M, expenses of $171.5M, and assets of $18.3M (revenue +9.7% year-over-year).
- 2021: Revenue of $157.7M, expenses of $156.9M, and assets of $16.6M (revenue +20.4% year-over-year).
- 2020: Revenue of $130.9M, expenses of $129.7M, and assets of $14.1M (revenue +30.9% year-over-year).
- 2019: Revenue of $100.0M, expenses of $99.5M, and assets of $11.6M (revenue +42.0% year-over-year).
- 2018: Revenue of $70.4M, expenses of $70.0M, and assets of $7.0M (revenue +62.9% year-over-year).
- 2017: Revenue of $43.2M, expenses of $42.6M, and assets of $5.0M (revenue +79.6% year-over-year).
- 2016: Revenue of $24.1M, expenses of $23.8M, and assets of $3.9M (revenue +47.4% year-over-year).
- 2015: Revenue of $16.3M, expenses of $16.3M, and assets of $3.5M (revenue +49.9% year-over-year).
- 2014: Revenue of $10.9M, expenses of $10.8M, and assets of $3.1M (revenue +2.7% year-over-year).
- 2013: Revenue of $10.6M, expenses of $10.6M, and assets of $2.9M (revenue +18.2% year-over-year).
- 2012: Revenue of $9.0M, expenses of $8.5M, and assets of $2.8M (revenue +14.7% year-over-year).
- 2011: Revenue of $7.8M, expenses of $7.4M, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Consumer Choice Services Inc:
Data Sources and Methodology
This transparency report for Consumer Choice Services 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.