Quick charity verification for Elm Court Inc (EIN: 208984541)
Verdict: Elm Court Inc appears trustworthy
70/100Mission Score
$1.9MRevenue
$3.9MAssets
3Red Flags
3Strengths
Red Flags
Persistent high liabilities relative to assets, indicating potential long-term solvency concerns (e.g., $7,493,080 liabilities vs. $3,935,846 assets in 2023).
Gradual decline in total assets over the past decade, from $4,486,204 in 2014 to $3,935,846 in 2023.
Lack of reported officer compensation (0% across all filings) could indicate a lack of transparency regarding executive remuneration if leaders are indeed compensated.
Strengths
Consistent revenue generation, with recent years showing revenues exceeding expenses (e.g., $1,884,550 revenue vs. $1,839,496 expenses in 2023).
Long history of IRS 990 filings (13 filings), suggesting consistent compliance and transparency in reporting.
Spending Breakdown
How Elm Court Inc 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 Elm Court Inc
Is Elm Court Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Elm Court Inc (EIN: 208984541) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Elm Court Inc a good charity to donate to?
Elm Court Inc has a Mission Score of 70/100. Revenue: $1.9M. Assets: $3.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Elm Court Inc?
The Employer Identification Number (EIN) for Elm Court Inc is 208984541. 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 Elm Court Inc spend its money?
Elm Court Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Elm Court Inc's tax-exempt status?
You can verify Elm Court Inc's tax-exempt status using EIN 208984541 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
Elm Court Inc. demonstrates consistent financial operations with revenues generally exceeding expenses in recent years, indicating a stable financial position. For example, in 2023, revenue was $1,884,550 against expenses of $1,839,496. The organization's assets have shown a gradual decline over the past decade, from $4,486,204 in 2014 to $3,935,846 in 2023, while liabilities have remained significantly higher than assets, peaking at $9,843,933 in 2016 and still at $7,493,080 in 2023. This persistent asset-to-liability imbalance warrants closer scrutiny regarding long-term solvency and funding structure.
The organization appears to maintain a strong focus on its programmatic activities, as suggested by typical nonprofit spending patterns, though specific program spending ratios are not provided in the raw data. The consistent reporting of 0% officer compensation across all available filings suggests either a volunteer-led executive team or that compensation is reported under other expense categories, which could impact transparency regarding leadership costs. Further detail on functional expenses would be beneficial for a complete assessment of spending efficiency.
Overall, Elm Court Inc. exhibits operational stability with positive net income in most recent years. However, the substantial and long-standing liabilities relative to assets present a potential area of concern for financial health and sustainability. The lack of reported officer compensation, while potentially a positive for cost efficiency, also means less transparency regarding executive remuneration.