Quick charity verification for Friendly Temple Apartments Ii Inc (EIN: 141936504)
Verdict: Friendly Temple Apartments Ii Inc shows mixed signals
65/100Mission Score
$316KRevenue
$3.6MAssets
3Red Flags
2Strengths
Red Flags
Consistent operating deficits (expenses exceed revenue in all reported periods)
Declining asset base over the past decade (from $4.84M in 2014 to $3.94M in 2023)
Liabilities consistently exceed assets, indicating a highly leveraged financial position
Strengths
Zero executive compensation reported across all filings, indicating high efficiency in this area
Focus on program delivery with no reported fundraising expenses, suggesting direct application of funds
Spending Breakdown
How Friendly Temple Apartments Ii Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
20%
Admin Costs
Reasonable — admin costs in check
0%
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 Friendly Temple Apartments Ii Inc
Is Friendly Temple Apartments Ii Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friendly Temple Apartments Ii Inc (EIN: 141936504) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Friendly Temple Apartments Ii Inc a good charity to donate to?
Friendly Temple Apartments Ii Inc has a Mission Score of 65/100. Revenue: $316K. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friendly Temple Apartments Ii Inc?
The Employer Identification Number (EIN) for Friendly Temple Apartments Ii Inc is 141936504. 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 Friendly Temple Apartments Ii Inc spend its money?
Friendly Temple Apartments Ii Inc allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friendly Temple Apartments Ii Inc's tax-exempt status?
You can verify Friendly Temple Apartments Ii Inc's tax-exempt status using EIN 141936504 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
Friendly Temple Apartments II Inc. consistently operates with expenses exceeding its revenue, as seen in the 202312 period where expenses were $672,759 against revenues of $528,083. This trend of deficit spending has been observed across multiple years, indicating a reliance on existing assets or other funding mechanisms to cover operational costs. The organization's assets have also shown a gradual decline over the past decade, from $4,840,800 in 2014 to $3,944,984 in 2023, while liabilities have remained relatively stable and high, consistently exceeding assets. This financial structure suggests potential long-term sustainability challenges if the revenue-expense gap persists without significant asset growth or liability reduction. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive sign for transparency and efficiency in that specific area.