Quick charity verification for Edgecomb Woods (EIN: 10538200)
Verdict: Edgecomb Woods shows mixed signals
60/100Mission Score
$243KRevenue
$1.6MAssets
3Red Flags
2Strengths
Red Flags
Consistent operational deficits (expenses exceeding revenue), e.g., $296,516 expenses vs. $240,878 revenue in 2023.
Declining asset base over the past decade, from $2,182,206 in 2014 to $1,645,667 in 2023.
Liabilities consistently exceed assets, indicating a negative net asset position, e.g., $2,238,371 liabilities vs. $1,645,667 assets in 2023.
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds in this area.
Consistent filing of IRS 990 forms, demonstrating transparency in reporting.
Spending Breakdown
How Edgecomb Woods allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Edgecomb Woods
Is Edgecomb Woods a legitimate charity?
Based on AI analysis of IRS 990 filings, Edgecomb Woods (EIN: 10538200) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.
Is Edgecomb Woods a good charity to donate to?
Edgecomb Woods has a Mission Score of 60/100. Revenue: $243K. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Edgecomb Woods?
The Employer Identification Number (EIN) for Edgecomb Woods is 10538200. 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 Edgecomb Woods spend its money?
Edgecomb Woods allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Edgecomb Woods's tax-exempt status?
You can verify Edgecomb Woods's tax-exempt status using EIN 10538200 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
Edgecomb Woods consistently operates with expenses exceeding its revenue, as evidenced by the 2023 fiscal period where expenses were $296,516 against revenues of $240,878. This trend is visible across multiple years, indicating a reliance on existing assets or other funding sources to cover operational costs. The organization's assets have been steadily declining over the past decade, from $2,182,206 in 2014 to $1,645,667 in 2023, while liabilities have remained relatively stable and high, consistently exceeding assets. This suggests a long-term financial vulnerability. The consistent reporting of 0% officer compensation across all filings indicates a commitment to minimizing administrative overhead in this specific area, which is a positive sign for donor confidence regarding executive pay.