Quick charity verification for Gingerich Home For The Elderly Inc (EIN: 205867983)
Verdict: Gingerich Home For The Elderly Inc shows mixed signals
45/100Mission Score
$101KRevenue
$0Assets
5Red Flags
3Strengths
Red Flags
Significant revenue decline from $438,382 in 2022 to $100,889 in 2023.
Assets reported as $0 in 2023, a drastic drop from $306,291 in 2022.
Operating at a deficit in 2023 ($132,961 expenses vs. $100,889 revenue).
Inconsistent financial reporting, particularly the sudden change in asset values.
Lack of clear explanation for the dramatic financial shifts.
Strengths
Consistent filing of IRS Form 990s over many years, indicating transparency in reporting.
0% officer compensation reported across all filings, suggesting resources are not diverted to executive pay.
Historically maintained significant assets prior to 2023, indicating past financial stability.
Spending Breakdown
How Gingerich Home For The Elderly 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 Gingerich Home For The Elderly Inc
Is Gingerich Home For The Elderly Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gingerich Home For The Elderly Inc (EIN: 205867983) shows mixed signals. Mission Score: 45/100. 5 red flags identified, 3 strengths noted.
Is Gingerich Home For The Elderly Inc a good charity to donate to?
Gingerich Home For The Elderly Inc has a Mission Score of 45/100. Revenue: $101K. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gingerich Home For The Elderly Inc?
The Employer Identification Number (EIN) for Gingerich Home For The Elderly Inc is 205867983. 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 Gingerich Home For The Elderly Inc spend its money?
Gingerich Home For The Elderly Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gingerich Home For The Elderly Inc's tax-exempt status?
You can verify Gingerich Home For The Elderly Inc's tax-exempt status using EIN 205867983 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
Gingerich Home For The Elderly Inc appears to be facing significant financial challenges, as evidenced by its latest filing (202312) showing revenue of $100,889 against expenses of $132,961, resulting in a deficit. This marks a substantial decline from previous years where revenue consistently exceeded $400,000. The organization also reported $0 in assets and liabilities for 202312, which is a drastic change from prior periods where assets were in the hundreds of thousands. This sudden drop in both revenue and assets raises concerns about its operational stability and future viability.
While the organization consistently reports 0% officer compensation, indicating good stewardship in that area, the overall financial picture is concerning. The lack of detailed expense breakdowns in the provided data makes it difficult to fully assess spending efficiency beyond the top-line figures. The dramatic shift in financial reporting, particularly the $0 assets, suggests either a significant restructuring, a reporting anomaly, or a severe financial downturn. Without further context or detailed expense categories, a comprehensive assessment of spending efficiency is limited.
In terms of transparency, the consistent filing of IRS Form 990s over many years is a positive indicator. However, the stark changes in the 202312 filing, especially the $0 assets and the significant revenue drop, warrant further investigation to understand the underlying reasons. The NTEE code L22 (Nursing Homes) suggests a service-oriented mission, and the financial data indicates a struggle to maintain operations at previous levels.