Significant and consistent operational deficits, with expenses frequently exceeding revenue (e.g., 2017: $748,444 expenses vs. $549,941 revenue).
Drastic decline in revenue from $442,218 in 2018 to $101,943 in 2019, indicating potential instability.
Reported $0 in assets in the latest 2019 filing, suggesting a lack of financial reserves.
Historically high liabilities (e.g., $2,834,176 in 2018) with minimal corresponding assets, raising questions about financial solvency.
Long-term trend of declining revenue from a peak of $671,778 in 2011 to $101,943 in 2019.
Strengths
No reported officer compensation across all filings, suggesting a volunteer-driven leadership and potentially lower administrative overhead.
Consistent filing of IRS 990 forms for nine periods, indicating a commitment to regulatory transparency.
Focus on 'Geriatric Support & Services' (NTEE P81) addresses a critical community need.
Spending Breakdown
How Geriatric Resource Network 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 Geriatric Resource Network
Is Geriatric Resource Network a legitimate charity?
Based on AI analysis of IRS 990 filings, Geriatric Resource Network (EIN: 10542842) shows mixed signals. Mission Score: 45/100. 5 red flags identified, 3 strengths noted.
Is Geriatric Resource Network a good charity to donate to?
Geriatric Resource Network has a Mission Score of 45/100. Revenue: $102K. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Geriatric Resource Network?
The Employer Identification Number (EIN) for Geriatric Resource Network is 10542842. 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 Geriatric Resource Network spend its money?
Geriatric Resource Network allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Geriatric Resource Network's tax-exempt status?
You can verify Geriatric Resource Network's tax-exempt status using EIN 10542842 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
Geriatric Resource Network exhibits a concerning financial trend, with a significant decline in revenue from a peak of $671,778 in 2011 to $101,943 in 2019. The organization has consistently operated at a deficit for most of its reported history, with expenses frequently exceeding revenue, notably in 2017 where expenses were $748,444 against $549,941 in revenue. This pattern suggests potential long-term sustainability issues, especially given the reported $0 in assets in the latest filing and substantial liabilities in prior years.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent operational deficits indicate that the organization has struggled to manage its expenditures within its income. The lack of reported officer compensation across all filings suggests a volunteer-driven leadership, which can be a positive for efficiency, but the overall financial picture remains challenging.
Transparency is generally good given the availability of nine years of IRS 990 filings. However, the absence of detailed functional expense breakdowns in the provided data limits a deeper analysis of how funds are allocated. The significant liabilities reported in earlier years, such as $2,834,176 in 2018, raise questions about the nature of these obligations and their impact on the organization's financial stability, especially when juxtaposed with minimal assets.