Is Ives Hill Retirement Community Inc…

Quick charity verification for Ives Hill Retirement Community Inc (EIN: 161529379)

Strengths

Consistent financial surpluses, with revenue exceeding expenses in most years (e.g., $535,652 surplus in 2023).
Steady growth in assets, from $9,820,867 in 2014 to $12,375,114 in 2023, indicating financial stability.
No reported officer compensation across all filings, suggesting efficient use of funds for mission-related activities.
Strong transparency with 13 consistent IRS 990 filings.
Positive net assets, with assets consistently exceeding liabilities.

Spending Breakdown

How Ives Hill Retirement Community Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Ives Hill Retirement Community Inc

Is Ives Hill Retirement Community Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Ives Hill Retirement Community Inc (EIN: 161529379) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.

Is Ives Hill Retirement Community Inc a good charity to donate to?

Ives Hill Retirement Community Inc has a Mission Score of 90/100. Revenue: $2.4M. Assets: $10.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Ives Hill Retirement Community Inc?

The Employer Identification Number (EIN) for Ives Hill Retirement Community Inc is 161529379. 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 Ives Hill Retirement Community Inc spend its money?

Ives Hill Retirement Community Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Ives Hill Retirement Community Inc's tax-exempt status?

You can verify Ives Hill Retirement Community Inc's tax-exempt status using EIN 161529379 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

Ives Hill Retirement Community Inc demonstrates consistent financial operations, with revenues generally exceeding expenses over the past decade, contributing to a steady growth in assets. For instance, in 2023, revenue was $2,596,854 against expenses of $2,061,202, resulting in a surplus. The organization's assets have grown from $9,820,867 in 2014 to $12,375,114 in 2023, indicating financial stability and capacity for long-term operations. Liabilities have also increased, but at a slower rate than assets, suggesting a healthy balance sheet.

The organization's spending efficiency appears strong, particularly given the 0% reported officer compensation across all available filings. This suggests that resources are primarily directed towards operational costs and program delivery rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the summary data, the absence of officer compensation is a positive indicator of efficient resource allocation.

In terms of transparency, the consistent filing of IRS Form 990s over 13 periods is a strong positive. The readily available financial data allows for public scrutiny and demonstrates a commitment to accountability. The lack of reported officer compensation also simplifies the analysis of executive pay, removing a common area of concern for nonprofits.

Is Ives Hill Retirement Community Inc Legit?

Verdict: Ives Hill Retirement Community Inc appears trustworthy

Red Flags