Is Charles T Sitrin Network Of Homes & Services Inc Legit?
Quick charity verification for Charles T Sitrin Network Of Homes & Services Inc (EIN: 150543936)
Verdict: Charles T Sitrin Network Of Homes & Services Inc appears trustworthy
85/100Mission Score
$4.1MRevenue
$5.0MAssets
3Red Flags
3Strengths
Red Flags
Consistent operating deficits in recent years (e.g., $104,866 in 202312, $438,121 in 202212).
Unexplained dramatic increase in revenue and expenses between 2016 and 2017 filings.
0% officer compensation reported for an organization of this size and operational scope, which could indicate compensation is reported under other categories or through related entities, or that leadership is entirely volunteer-based.
Strengths
Stable asset base, consistently around $5 million, indicating financial foundation.
No reported officer compensation, suggesting a strong commitment to directing funds to programs.
Low liabilities relative to assets, indicating good financial management of debt.
Spending Breakdown
How Charles T Sitrin Network Of Homes & Services Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Charles T Sitrin Network Of Homes & Services Inc
Is Charles T Sitrin Network Of Homes & Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Charles T Sitrin Network Of Homes & Services Inc (EIN: 150543936) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
Is Charles T Sitrin Network Of Homes & Services Inc a good charity to donate to?
Charles T Sitrin Network Of Homes & Services Inc has a Mission Score of 85/100. Revenue: $4.1M. Assets: $5.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Charles T Sitrin Network Of Homes & Services Inc?
The Employer Identification Number (EIN) for Charles T Sitrin Network Of Homes & Services Inc is 150543936. 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 Charles T Sitrin Network Of Homes & Services Inc spend its money?
Charles T Sitrin Network Of Homes & Services Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Charles T Sitrin Network Of Homes & Services Inc's tax-exempt status?
You can verify Charles T Sitrin Network Of Homes & Services Inc's tax-exempt status using EIN 150543936 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
The Charles T Sitrin Network Of Homes & Services Inc demonstrates a consistent financial position with assets around $5 million over the past several years, indicating stability. However, recent filings show a trend of expenses exceeding revenue, with 202312 reporting expenses of $3,123,886 against revenues of $3,019,020, and 202212 showing expenses of $3,074,425 against revenues of $2,636,304. This suggests the organization is operating at a deficit, potentially drawing from reserves or other funding sources. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. The significant jump in revenue and expenses from 2016 to 2017, from $43,956 revenue and $920,911 expenses to over $2 million in both categories, suggests a substantial change in operations or reporting, which warrants further investigation for a complete understanding of its financial evolution.