Consistent 0% officer compensation across all filings, maximizing program funding.
Stable financial performance with consistent revenue and expense levels.
Positive trend in assets, growing from $329,962 in 2014 to $414,677 in 2023.
Long history of IRS 990 filings (12 filings), indicating transparency and compliance.
Expenses generally align with or are slightly below revenue, demonstrating fiscal responsibility (e.g., 202306: Revenue=$221,619, Expenses=$218,286).
Spending Breakdown
How Amoskeag Residences 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 Amoskeag Residences Inc
Is Amoskeag Residences Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Amoskeag Residences Inc (EIN: 20366119) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Amoskeag Residences Inc a good charity to donate to?
Amoskeag Residences Inc has a Mission Score of 90/100. Revenue: $212K. Assets: $326K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Amoskeag Residences Inc?
The Employer Identification Number (EIN) for Amoskeag Residences Inc is 20366119. 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 Amoskeag Residences Inc spend its money?
Amoskeag Residences Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Amoskeag Residences Inc's tax-exempt status?
You can verify Amoskeag Residences Inc's tax-exempt status using EIN 20366119 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
Amoskeag Residences Inc. demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past decade, typically around $180,000 - $220,000 annually. The organization's assets have shown growth, increasing from $329,962 in 2014 to $414,677 in 2023, indicating a stable financial position. Liabilities have fluctuated but remain manageable relative to assets. A significant positive indicator of financial health and mission focus is the consistent reporting of 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can free up more resources for programs. The organization's spending efficiency appears strong given the lack of reported officer compensation, implying a high proportion of expenses are directed towards its charitable purpose. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited. The consistent filing of IRS Form 990s over a long period (12 filings) reflects a commitment to transparency.