Quick charity verification for Eastwood Of Ames Inc (EIN: 204700881)
Verdict: Eastwood Of Ames Inc appears trustworthy
90/100Mission Score
$3.4MRevenue
$20.9MAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed functional expense breakdown in provided data prevents precise spending efficiency analysis.
Strengths
Consistent revenue growth, from $1.75M in 2019 to $4.64M in 2023.
Significant asset growth, reaching $21.7M in 2023.
Zero officer compensation reported across all filings, indicating strong financial transparency and mission focus.
Consistent operating surpluses in recent years (e.g., $745,255 surplus in 2023).
Spending Breakdown
How Eastwood Of Ames Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Eastwood Of Ames Inc
Is Eastwood Of Ames Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Eastwood Of Ames Inc (EIN: 204700881) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Eastwood Of Ames Inc a good charity to donate to?
Eastwood Of Ames Inc has a Mission Score of 90/100. Revenue: $3.4M. Assets: $20.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Eastwood Of Ames Inc?
The Employer Identification Number (EIN) for Eastwood Of Ames Inc is 204700881. 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 Eastwood Of Ames Inc spend its money?
Eastwood Of Ames Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Eastwood Of Ames Inc's tax-exempt status?
You can verify Eastwood Of Ames Inc's tax-exempt status using EIN 204700881 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
Eastwood Of Ames Inc demonstrates a generally stable financial position with consistent growth in assets and revenue over the past several years. In the latest filing (202312), the organization reported revenue of $4,641,859 against expenses of $3,896,604, indicating a healthy surplus. Their assets have grown significantly, reaching $21,728,547 in 2023 from $6,689,096 in 2017, suggesting strong financial management and potentially significant capital investments. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a focus on mission-related spending rather than executive enrichment.
While specific program spending percentages are not provided in the summary data, the consistent surpluses and asset growth suggest efficient use of funds. The absence of officer compensation is a notable strength in terms of financial transparency and accountability. The organization's liabilities have also increased alongside assets, reaching $14,142,647 in 2023, which warrants monitoring but is not necessarily a red flag given the substantial asset base.
Overall, Eastwood Of Ames Inc appears to be a financially sound organization with a positive trend in revenue and assets. Their commitment to not compensating officers is a significant positive for transparency and public trust. Further analysis of their functional expense breakdown would provide a more precise understanding of their spending efficiency across programs, administration, and fundraising.