Is Friendship Village Of Mill Creek Nfp Legit?

Quick charity verification for Friendship Village Of Mill Creek Nfp (EIN: 203300991)

Verdict: Friendship Village Of Mill Creek Nfp shows mixed signals

60/100Mission Score
$23.1MRevenue
$122.6MAssets
4Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Friendship Village Of Mill Creek Nfp consistently reports zero officer compensation across all available filings, which is highly unusual for an organization of its size with assets exceeding $120 million. This could indicate that executive compensation is being reported under different categories or that the organization is managed by an external entity, which would impact the assessment of its financial transparency. The organization has consistently operated at a deficit, with expenses exceeding revenue in every reported period. For example, in 2023, expenses were $25,452,023 against revenues of $21,667,979, indicating a reliance on other funding sources or a draw on assets. The NTEE code P75 suggests it is a continuing care retirement community, which often involves significant capital expenditures and long-term financial planning. The substantial liabilities, such as $118,606,073 in 2023, relative to assets, warrant further investigation into its financial structure and sustainability.

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Disclaimer

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

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