Quick charity verification for Kiamichi Place Senior Housing Inc (EIN: 208359980)
Verdict: Kiamichi Place Senior Housing Inc shows mixed signals
40/100Mission Score
$105KRevenue
$1.0MAssets
3Red Flags
3Strengths
Red Flags
Consistent and significant operational deficits, with expenses nearly double revenue in 2023 ($133,012 vs. $67,738).
Liabilities consistently exceed assets, indicating a negative net asset position and potential insolvency (e.g., $1,579,987 liabilities vs. $1,041,375 assets in 2023).
Declining asset base over time, from $1,341,694 in 2013 to $1,041,375 in 2023.
Strengths
No reported officer compensation, suggesting a volunteer-driven or highly efficient leadership structure.
Consistent filing of IRS Form 990s, indicating a commitment to regulatory compliance and transparency.
Long operational history (at least since 2013 filings available), suggesting resilience despite financial challenges.
Spending Breakdown
How Kiamichi Place Senior Housing Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
25%
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 Kiamichi Place Senior Housing Inc
Is Kiamichi Place Senior Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kiamichi Place Senior Housing Inc (EIN: 208359980) shows mixed signals. Mission Score: 40/100. 3 red flags identified, 3 strengths noted.
Is Kiamichi Place Senior Housing Inc a good charity to donate to?
Kiamichi Place Senior Housing Inc has a Mission Score of 40/100. Revenue: $105K. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kiamichi Place Senior Housing Inc?
The Employer Identification Number (EIN) for Kiamichi Place Senior Housing Inc is 208359980. 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 Kiamichi Place Senior Housing Inc spend its money?
Kiamichi Place Senior Housing Inc allocates 70% to programs, 25% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kiamichi Place Senior Housing Inc's tax-exempt status?
You can verify Kiamichi Place Senior Housing Inc's tax-exempt status using EIN 208359980 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
Kiamichi Place Senior Housing Inc. exhibits a concerning financial trend, consistently operating at a significant deficit. In 2023, the organization reported revenues of $67,738 against expenses of $133,012, indicating expenses nearly double its income. This pattern is not isolated, as evidenced by similar deficits in prior years, such as $63,667 in revenue versus $109,047 in expenses in 2022. While the organization maintains over $1 million in assets, its liabilities have consistently exceeded assets for several years, reaching $1,579,987 in liabilities against $1,041,375 in assets in 2023. This negative net asset position suggests long-term financial instability.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent operational losses raise questions about the sustainability of its current financial model. The absence of reported officer compensation across all filings suggests a volunteer-led or minimally compensated leadership structure, which can be a positive indicator of resource allocation, but does not offset the overall financial challenges. Transparency is generally good with consistent 990 filings, but the lack of detailed expense categorization within the provided data limits a deeper analysis of spending efficiency.
Given the persistent deficits and negative net assets, Kiamichi Place Senior Housing Inc. faces substantial financial challenges. While the mission of providing senior housing is vital, the current financial trajectory is unsustainable without significant changes to revenue generation or expense management. The organization's ability to continue its operations in the long term is questionable under the current financial structure.