Consistent 0% officer compensation for an organization of this size (over $9M revenue) is unusual and may indicate compensation is reported elsewhere or covered by a related entity, which could obscure the full financial picture.
Significant increase in liabilities from $228,288 in 2014 to $3,746,227 in 2023, which, while accompanied by asset growth, should be monitored.
Strengths
Strong program spending ratio, with 85% of expenses dedicated to programs in the latest filing.
Consistent and significant revenue growth over the past decade, from $3.5 million in 2014 to $9.3 million in 2023.
Reported 0% officer compensation across all filings, indicating a strong commitment to directing funds to mission-related activities.
Positive net assets and consistent asset growth, demonstrating financial stability and increasing capacity.
Efficient operations, with expenses consistently below or very close to revenue, indicating sound financial management.
Spending Breakdown
How Elmcor Youth & Adult Activities 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 Elmcor Youth & Adult Activities Inc
Is Elmcor Youth & Adult Activities Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Elmcor Youth & Adult Activities Inc (EIN: 112224539) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is Elmcor Youth & Adult Activities Inc a good charity to donate to?
Elmcor Youth & Adult Activities Inc has a Mission Score of 90/100. Revenue: $12.1M. Assets: $8.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Elmcor Youth & Adult Activities Inc?
The Employer Identification Number (EIN) for Elmcor Youth & Adult Activities Inc is 112224539. 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 Elmcor Youth & Adult Activities Inc spend its money?
Elmcor Youth & Adult Activities Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Elmcor Youth & Adult Activities Inc's tax-exempt status?
You can verify Elmcor Youth & Adult Activities Inc's tax-exempt status using EIN 112224539 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
Elmcor Youth & Adult Activities Inc demonstrates consistent financial growth and strong program spending efficiency. Over the past decade, the organization's revenue has steadily increased from $3,538,816 in 2014 to $9,329,992 in 2023, indicating growing support and capacity. The organization consistently spends a high percentage of its expenses on program services, as evidenced by the 85% program spending ratio in the latest filing. This suggests a strong commitment to its mission of serving youth and adults.
The organization's financial health appears stable, with assets growing from $4,299,343 in 2014 to $7,676,486 in 2023. While liabilities have also increased, the asset growth outpaces liability growth in recent years, maintaining a healthy balance sheet. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a focus on directing funds towards programmatic activities rather than executive salaries, which is a strong positive for donor confidence.
Overall, Elmcor Youth & Adult Activities Inc exhibits sound financial management, efficient spending on its core mission, and a high degree of transparency regarding executive compensation. Its sustained growth in revenue and assets, coupled with a strong program spending ratio, positions it as a financially healthy and impactful nonprofit.