Is Evercare Choice Inc Legit?

Red Flags

Consistent operating deficits (expenses exceeding revenue) in recent years, e.g., $54.5M expenses vs. $48.9M revenue in 202312.
Rapid and significant increase in liabilities, from $4,003,323 in 2014 to $33,693,505 in 2023, far exceeding assets.
Assets ($10,429,819 in 2023) are significantly lower than liabilities ($33,693,505 in 2023), indicating a negative net asset position.
Lack of reported expenses, assets, and liabilities for the 201712 filing period.
Unusual 0% officer compensation for an organization with nearly $50 million in annual revenue, which may obscure actual executive benefits or compensation structures.

Spending Breakdown

How Evercare Choice 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

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 Evercare Choice Inc

Is Evercare Choice Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Evercare Choice Inc (EIN: 133934289) shows mixed signals. Mission Score: 55/100. 5 red flags identified, 3 strengths noted.

Is Evercare Choice Inc a good charity to donate to?

Evercare Choice Inc has a Mission Score of 55/100. Revenue: $48.5M. Assets: $9.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Evercare Choice Inc?

The Employer Identification Number (EIN) for Evercare Choice Inc is 133934289. 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 Evercare Choice Inc spend its money?

Evercare Choice Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Evercare Choice Inc's tax-exempt status?

You can verify Evercare Choice Inc's tax-exempt status using EIN 133934289 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

Evercare Choice Inc. demonstrates a consistent pattern of operating with expenses exceeding revenue in recent years, as evidenced by the 202312 filing showing expenses of $54,516,628 against revenue of $48,916,371, and similar trends in 202212 and 202112. This indicates a reliance on drawing down assets or increasing liabilities to cover operational costs. The organization's liabilities have significantly increased over time, from $4,003,323 in 201412 to $33,693,505 in 202312, which is a substantial concern regarding long-term financial stability.

Despite these financial challenges, the organization reports 0% officer compensation across all available filings, suggesting a commitment to directing funds towards its mission rather than executive salaries. However, without a detailed breakdown of expenses (program, administrative, fundraising) in the provided data, it's difficult to fully assess spending efficiency. The significant increase in liabilities relative to assets, with assets at $10,429,819 and liabilities at $33,693,505 in 202312, points to a potentially unsustainable financial model.

The lack of reported expenses and assets/liabilities for the 201712 period is an anomaly that could raise questions about data completeness for that specific year. Overall, while executive compensation appears well-managed, the consistent operating deficits and growing liabilities present a significant financial risk for Evercare Choice Inc.

Verdict: Evercare Choice Inc shows mixed signals