Is Elsewhere Incorporated Legit?

Quick charity verification for Elsewhere Incorporated (EIN: 201026041)

Verdict: Elsewhere Incorporated shows mixed signals

55/100Mission Score
$274KRevenue
$485KAssets
4Red Flags
2Strengths

Red Flags

Strengths

Spending Breakdown

How Elsewhere Incorporated allocates its funds across programs, administration, and fundraising.

75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Elsewhere Incorporated

Is Elsewhere Incorporated a legitimate charity?

Based on AI analysis of IRS 990 filings, Elsewhere Incorporated (EIN: 201026041) shows mixed signals. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.

Is Elsewhere Incorporated a good charity to donate to?

Elsewhere Incorporated has a Mission Score of 55/100. Revenue: $274K. Assets: $485K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Elsewhere Incorporated?

The Employer Identification Number (EIN) for Elsewhere Incorporated is 201026041. 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 Elsewhere Incorporated spend its money?

Elsewhere Incorporated allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Elsewhere Incorporated's tax-exempt status?

You can verify Elsewhere Incorporated's tax-exempt status using EIN 201026041 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

Elsewhere Incorporated has experienced a notable decline in revenue and assets over the past several years. In 2014, revenue was $698,931, but by 2022, it had fallen to $274,142, representing a significant decrease. Similarly, assets peaked at $1,122,200 in 2016 and have since decreased to $484,606 in 2022. The organization has consistently reported expenses exceeding revenue in recent years, with a deficit of $111,369 in 2022 ($274,142 revenue vs. $385,511 expenses) and $19,556 in 2021 ($348,479 revenue vs. $368,035 expenses). This trend of operating at a deficit is a concern for long-term financial sustainability. The organization's liabilities have also fluctuated, showing a substantial increase from $0 in 2013-2015 to $231,343 in 2022. While the specific breakdown of spending (programs, admin, fundraising) is not provided in the raw data, the consistent operational deficits suggest that the organization may be drawing down its assets or increasing liabilities to cover expenses. The absence of reported officer compensation across all filings indicates a potential reliance on volunteer leadership or that compensation falls below reporting thresholds, which can be a positive sign for resource allocation if program effectiveness is maintained. However, the overall financial trend points to a need for strategic review of revenue generation and expense management.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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