Is Ardeon Realty Corp Legit?

Spending Breakdown

How Ardeon Realty Corp allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Ardeon Realty Corp

Is Ardeon Realty Corp a legitimate charity?

Based on AI analysis of IRS 990 filings, Ardeon Realty Corp (EIN: 131822756) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.

Is Ardeon Realty Corp a good charity to donate to?

Ardeon Realty Corp has a Mission Score of 65/100. Revenue: $4.9M. Assets: $27.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Ardeon Realty Corp?

The Employer Identification Number (EIN) for Ardeon Realty Corp is 131822756. 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 Ardeon Realty Corp spend its money?

Ardeon Realty Corp allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Ardeon Realty Corp's tax-exempt status?

You can verify Ardeon Realty Corp's tax-exempt status using EIN 131822756 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

Ardeon Realty Corp's financial health shows significant fluctuations in revenue and expenses over the past several years. While the organization reported positive revenue in recent years, with $4,881,432 in 2023 and $4,753,259 in 2022, there was a notable spike in revenue to $14,383,999 in 2020, followed by a return to lower levels. Expenses have also varied widely, from $40,371 in 2023 to $7,010 in 2022, and a high of $5,826,969 in 2018. The organization's assets have shown consistent growth, increasing from $4,077,376 in 2017 to $22,639,820 in 2023, indicating a build-up of financial resources.

Spending efficiency is difficult to assess without a clear breakdown of program, administrative, and fundraising expenses, as the provided data only shows total expenses. However, the extremely low expenses in some years (e.g., $7,010 in 2022) compared to revenue suggest that a significant portion of revenue is not being spent on operations or programs in those periods, or that the organization's activities are structured differently than typical nonprofits. The absence of officer compensation across all reported years suggests a volunteer-led or externally managed structure, which can impact efficiency metrics.

Transparency is limited by the lack of detailed expense categories in the provided data. Without knowing how the expenses are allocated, it's challenging to determine the organization's program focus or administrative overhead. The NTEE code being 'Unknown' further hinders understanding its mission and how effectively it's deploying its resources towards its stated goals. The consistent reporting of zero officer compensation is a transparent aspect regarding executive pay.

Verdict: Ardeon Realty Corp shows mixed signals

Red Flags

Strengths