Quick charity verification for Gilford Village Knolls Inc (EIN: 20387625)
Verdict: Gilford Village Knolls Inc shows mixed signals
45/100Mission Score
$280KRevenue
$544KAssets
3Red Flags
2Strengths
Red Flags
Consistent operational deficits (expenses exceeding revenue) in multiple years, e.g., $339,653 expenses vs. $277,907 revenue in 2023.
Declining asset base over time, from $1,007,421 in 2016 to $611,238 in 2023.
High liabilities consistently exceeding assets, resulting in negative net assets (e.g., $1,411,681 liabilities vs. $611,238 assets in 2023).
Strengths
Consistent filing of IRS 990 forms, indicating good transparency.
No reported officer compensation, suggesting resources are not diverted to high executive salaries.
Spending Breakdown
How Gilford Village Knolls 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
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 Gilford Village Knolls Inc
Is Gilford Village Knolls Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gilford Village Knolls Inc (EIN: 20387625) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
Is Gilford Village Knolls Inc a good charity to donate to?
Gilford Village Knolls Inc has a Mission Score of 45/100. Revenue: $280K. Assets: $544K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gilford Village Knolls Inc?
The Employer Identification Number (EIN) for Gilford Village Knolls Inc is 20387625. 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 Gilford Village Knolls Inc spend its money?
Gilford Village Knolls Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gilford Village Knolls Inc's tax-exempt status?
You can verify Gilford Village Knolls Inc's tax-exempt status using EIN 20387625 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
Gilford Village Knolls Inc. appears to be a small, stable organization based on its consistent revenue around $260,000-$290,000 annually. However, a concerning trend is the consistent deficit spending, with expenses frequently exceeding revenue. For instance, in 2023, expenses were $339,653 against revenues of $277,907, and in 2022, expenses were $371,859 against revenues of $265,226. This has led to a steady decline in assets from over $1 million in 2016 to $611,238 in 2023, while liabilities have remained high, consistently over $1.4 million. The organization's financial health is precarious given its negative net assets and ongoing operational losses.
The organization's transparency is good in terms of filing its IRS 990s consistently, and the absence of officer compensation simplifies the analysis of its spending priorities. However, without a detailed breakdown of expenses (program, administrative, fundraising) in the provided data, it's challenging to fully assess spending efficiency. The consistent operational losses suggest that the current revenue model is insufficient to cover its expenses, which is a significant financial challenge.