Is Adirondack Mennonite Retirement Community Inc Legit?
Quick charity verification for Adirondack Mennonite Retirement Community Inc (EIN: 161333180)
Verdict: Adirondack Mennonite Retirement Community Inc appears trustworthy
85/100Mission Score
$1.7MRevenue
$12.4MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent revenue exceeding expenses, leading to financial stability and asset growth (e.g., 2023 revenue $1,663,797 vs. expenses $1,426,331).
Steady growth in assets over the past decade, from $10,212,456 in 2014 to $12,047,442 in 2023.
Reported 0% officer compensation across all filings, indicating efficient use of funds and potentially volunteer leadership.
Strong program focus inherent in its NTEE code (P75Z - Nursing Homes, Convalescent Homes & Hospices), suggesting most spending directly supports its mission.
Spending Breakdown
How Adirondack Mennonite Retirement Community Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Adirondack Mennonite Retirement Community Inc
Is Adirondack Mennonite Retirement Community Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Adirondack Mennonite Retirement Community Inc (EIN: 161333180) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Adirondack Mennonite Retirement Community Inc a good charity to donate to?
Adirondack Mennonite Retirement Community Inc has a Mission Score of 85/100. Revenue: $1.7M. Assets: $12.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Adirondack Mennonite Retirement Community Inc?
The Employer Identification Number (EIN) for Adirondack Mennonite Retirement Community Inc is 161333180. 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 Adirondack Mennonite Retirement Community Inc spend its money?
Adirondack Mennonite Retirement Community Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Adirondack Mennonite Retirement Community Inc's tax-exempt status?
You can verify Adirondack Mennonite Retirement Community Inc's tax-exempt status using EIN 161333180 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
Adirondack Mennonite Retirement Community Inc demonstrates consistent financial health and a strong program focus. Over the past decade, the organization has consistently generated more revenue than expenses, leading to a steady growth in assets from $10,212,456 in 2014 to $12,047,442 in 2023. This indicates sound financial management and the ability to build reserves. The organization's NTEE code P75Z (Nursing Homes, Convalescent Homes & Hospices) suggests that the majority of its expenses would naturally be program-related, directly supporting its mission of providing retirement community services.
The organization's spending efficiency appears high, with expenses consistently lower than revenue. For instance, in 2023, expenses were $1,426,331 against revenues of $1,663,797, leaving a significant surplus. A notable aspect of its transparency is the reported 0% officer compensation across all available filings, which suggests that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation, contributing to lower administrative overhead. This practice, if accurately reflecting total leadership compensation, enhances the perception of financial prudence and mission dedication.
Overall, Adirondack Mennonite Retirement Community Inc appears to be a financially stable and efficiently run organization. Its consistent asset growth, positive revenue-to-expense ratio, and reported lack of officer compensation point to a well-managed entity focused on its programmatic goals. The consistent filing of IRS Form 990s over many years also indicates a commitment to regulatory compliance and transparency.