Is Eleven East Corp Legit?

Spending Breakdown

How Eleven East Corp allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 Eleven East Corp

Is Eleven East Corp a legitimate charity?

Based on AI analysis of IRS 990 filings, Eleven East Corp (EIN: 203274920) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.

Is Eleven East Corp a good charity to donate to?

Eleven East Corp has a Mission Score of 75/100. Revenue: $2.0M. Assets: $7.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Eleven East Corp?

The Employer Identification Number (EIN) for Eleven East Corp is 203274920. 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 Eleven East Corp spend its money?

Eleven East Corp allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Eleven East Corp's tax-exempt status?

You can verify Eleven East Corp's tax-exempt status using EIN 203274920 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

Eleven East Corp demonstrates consistent revenue generation, typically around $2 million annually, but has shown a trend of expenses exceeding revenue in recent years, notably in 2023 and 2022. For instance, in 2023, expenses were $2,406,462 against revenues of $2,173,278, indicating a deficit. This pattern suggests the organization may be drawing down on reserves or increasing liabilities to cover operational costs, as evidenced by the decrease in assets from $9,056,884 in 2021 to $7,602,490 in 2023, while liabilities have remained substantial. The organization's financial health appears stable in terms of asset base, but the recent operating deficits warrant closer examination.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent lack of reported officer compensation across all filings suggests a lean approach to executive pay, which can be a positive indicator of resource allocation towards mission-related activities. The NTEE code B19 (Housing Development, Construction & Management) implies significant operational costs, and the consistent revenue stream supports these activities. The organization's transparency is good in terms of filing history, with 11 filings available, providing a comprehensive view of its financial trajectory over a decade.

While the organization maintains a significant asset base, the recent trend of expenses outpacing revenue could be a concern if it continues. The substantial liabilities, consistently over $6 million in recent years, also bear watching. However, the absence of officer compensation is a strong positive for donor confidence regarding executive overhead. Overall, Eleven East Corp appears to be a well-established organization with a long financial history, but recent operational deficits suggest a need for careful financial management to ensure long-term sustainability.

Verdict: Eleven East Corp appears trustworthy

Red Flags

Strengths