Is Ellen M Leach Memorial Home Inc Legit? —…

Quick charity verification for Ellen M Leach Memorial Home Inc (EIN: 10485292)

Spending Breakdown

How Ellen M Leach Memorial Home 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

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 Ellen M Leach Memorial Home Inc

Is Ellen M Leach Memorial Home Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Ellen M Leach Memorial Home Inc (EIN: 10485292) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Ellen M Leach Memorial Home Inc a good charity to donate to?

Ellen M Leach Memorial Home Inc has a Mission Score of 70/100. Revenue: $2.2M. Assets: $4.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Ellen M Leach Memorial Home Inc?

The Employer Identification Number (EIN) for Ellen M Leach Memorial Home Inc is 10485292. 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 Ellen M Leach Memorial Home Inc spend its money?

Ellen M Leach Memorial Home Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Ellen M Leach Memorial Home Inc's tax-exempt status?

You can verify Ellen M Leach Memorial Home Inc's tax-exempt status using EIN 10485292 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 Ellen M Leach Memorial Home Inc. appears to be in a stable, albeit somewhat constrained, financial position. While the organization consistently reports expenses exceeding revenue in recent years (e.g., 202309: Revenue $1,953,455 vs. Expenses $2,044,912; 202209: Revenue $1,655,078 vs. Expenses $1,999,463), it maintains substantial assets, reported at $4,692,904 in the latest filing, which provides a buffer. However, the organization's liabilities have consistently exceeded its assets in recent periods (e.g., 202309: Assets $4,610,164 vs. Liabilities $5,281,172), indicating a reliance on debt or restricted funds. This trend of negative net assets warrants close monitoring.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent operational deficits suggest that the organization may be spending more than it brings in from its regular operations. Transparency regarding executive compensation is high, as no officer compensation has been reported across all available filings, which is a positive indicator for donor trust. The organization's assets have also seen a decline from a peak of $6,786,069 in 201309 to $4,692,904 currently, suggesting a gradual reduction in its financial reserves over the past decade.

Is Ellen M Leach Memorial Home Inc Legit?

Verdict: Ellen M Leach Memorial Home Inc appears trustworthy

Red Flags

Strengths