Is Friends Of Rockingham County Aging Adults Inc Legit?
Quick charity verification for Friends Of Rockingham County Aging Adults Inc (EIN: 203214395)
Verdict: Friends Of Rockingham County Aging Adults Inc appears trustworthy
75/100Mission Score
$262KRevenue
$580KAssets
2Red Flags
4Strengths
Red Flags
Significant deficit in 2023 ($91,101, with expenses at $200,091 against revenue of $108,990)
High volatility in annual revenue and expenses, making financial planning appear inconsistent.
Strengths
Consistent reporting of 0% officer compensation, indicating a volunteer-driven model.
Zero reported liabilities across all filings, demonstrating strong fiscal responsibility.
Consistent growth in assets over the past decade, from $237,931 in 2014 to $481,523 in 2023.
Transparent filing history with 13 available IRS 990 filings.
Spending Breakdown
How Friends Of Rockingham County Aging Adults 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 Friends Of Rockingham County Aging Adults Inc
Is Friends Of Rockingham County Aging Adults Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Rockingham County Aging Adults Inc (EIN: 203214395) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Friends Of Rockingham County Aging Adults Inc a good charity to donate to?
Friends Of Rockingham County Aging Adults Inc has a Mission Score of 75/100. Revenue: $262K. Assets: $580K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of Rockingham County Aging Adults Inc?
The Employer Identification Number (EIN) for Friends Of Rockingham County Aging Adults Inc is 203214395. 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 Friends Of Rockingham County Aging Adults Inc spend its money?
Friends Of Rockingham County Aging Adults Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of Rockingham County Aging Adults Inc's tax-exempt status?
You can verify Friends Of Rockingham County Aging Adults Inc's tax-exempt status using EIN 203214395 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
Friends Of Rockingham County Aging Adults Inc demonstrates a mixed financial picture. While the organization consistently reports zero liabilities and no officer compensation, indicating good financial hygiene and a volunteer-driven model, its revenue and expense patterns show significant fluctuations. For instance, in 2023, expenses ($200,091) significantly outstripped revenue ($108,990), leading to a substantial deficit. This contrasts sharply with 2022, where revenue ($109,060) far exceeded expenses ($12,934), contributing to asset growth. The organization's assets have shown a general upward trend over the years, from $237,931 in 2014 to $481,523 in 2023, suggesting effective asset management despite yearly operational variances.
The lack of reported officer compensation across all filings is a strong indicator of a volunteer-led organization, which can maximize funds directed towards its mission. However, the large swings in annual expenses relative to revenue, particularly the deficit in 2023, warrant closer examination to understand if these are planned strategic expenditures or indicative of unpredictable financial management. The consistent reporting of zero liabilities is a significant strength, demonstrating fiscal responsibility and avoiding debt.
Overall, the organization appears transparent in its financial reporting, with consistent filings and clear data points. Its efficiency in program spending cannot be fully assessed without a detailed breakdown of expenses, but the absence of executive compensation suggests a lean operational structure. The primary concern lies in the volatility of its annual financial performance, particularly the recent deficit, which could impact long-term sustainability if not managed effectively.